4017 S 1500 E, Salt Lake City, UT 84124

$620,000 Asking Price

2 beds
1 bath
1,336  sqft
Built in 1925

Amazing investment opportunity on an incredible .35 acre lot in the heart of Millcreek! This property boasts a charming single level bungalow with two bedrooms and one bathroom, along with a unique detached 1600 SF structure which includes a huge garage / shop and ADU complete with a kitchen, bathroom, and spiral staircase leading to the upstairs loft that's functions as a bedroom. Walking the spacious grounds, you'll find mature landscaping, a chicken coop, and outdoor kitchen / fireplace. Possibilities with this unique property are endless. Take advantage of the garage / workshop and relocate your business to your home! The primary home, which is currently rented for $1,700/month (will be increased to $1,850 beginning 6/1), provides a rare opportunity to have an income producing property while offsetting your monthly mortgage. If the current uses do not fit your needs, you may consider demolishing the existing structure and build your own dream home where there are million dollar homes in the area. You won't be disappointed with the convenient location close to new Millcreek Village, restaurants, and St. Marks Hospital. Schedule a showing today and be amazed on what this property has to offer.

Features & Amenities

Interior

General:
Accessory Apt,Bar: Dry,Bar: Wet,Den/Office,Disposal,Kitchen: Second,Mother-in-Law Apt.,Range: Gas,Range/Oven: Free Stdng.
Appliances:
Ceiling Fan,Portable Dishwasher,Dryer,Gas Grill/BBQ,Refrigerator,Washer
Laundry:
Electric Dryer Hookup,Gas Dryer Hookup
Basement:
Partial
Flooring:
Hardwood,Laminate,Vinyl
A/C:
Evaporative Cooling
Heating:
Gas: Central,Hot Water
Fireplace:
Fireplace Equipment,Insert

Exterior

General:
Deck; Covered,Lighting,Porch: Open,Storm Doors,Patio: Open, Workshop
Style:
Bungalow/Cottage
Other Structures:
Workshop
Parking:
Rv Parking, Parking spaces: 12

Construction

Roofing:
Asphalt
Windows:
Blinds
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Granite
County:
Salt Lake

Lot

Topography:
Fenced: Full, Terrain, Flat, View: Mountain, Wooded
Landscaping:
Fruit Trees,Landscaping: Full,Mature Trees
Zoning:
Single-Family, 16-33-376-005
View:
Mountain(s), View
Current Use:
Single Family

Utilities

Utilities:
Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Water:
Culinary
Sewer:
Sewer: Connected

Financial

Source:
UtahRealEstate.com
Exclusions:
See Remarks, Microwave

This listing courtesy of:
Berkshire Hathaway HomeServices Utah Properties (Salt Lake), Stephanie Poulos Arrasi

About Salt Lake City, UT

Housing

Number of Units
207,437
Median Home Value
$363,648
Median Rent
$1,047

42.36% of housing units are renter occupied.

6.92% are vacant.

Commute

Car
60.92%
Public Transportation
3.40%
Walk to Work
2.18%
Work from Home
31.89%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
503,789
Median Age
35.10
Median Household Size
2.68

Education

High School
20.12%
Associate’s Degree
7.42%
Bachelor’s Degree
25.77%
Graduate Degree
16.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: