Property Details

121 S Main St Salem, Utah 84653

Offered at $480,000
  • Property Photo
  • Property Photo
Phone: 801-708-3513
MLS Number: 1726924
Status: Active
Type: Multifamily Dwelling
Year Built: 1906
Bedrooms: 4
Bathrooms: 2
Sq. Ft: 1789
Lot Size: .21

Salem Utah Seller Finance

Roof:    Basement:  Slab
Heating:    Garage/Park:  Parking: Uncovered; Rv Parking
Air Cond:    Driveway:  Concrete; Gravel
Floor:    Water:  Culinary
Window Cov:    Water Shares:  0.00
Pool?:  No Spa?:  No   Community Pool?:No
Pool Feat:    Master Level:   
Possession:  Recording Senior Comm:  No
Exterior:    Animals:   
Has Solar?:  No
Landscape:   
Lot Facts:  Corner Lot; Fenced: Part; Road: Paved; Sidewalks; Sprinkler: Manual-Part
Exterior Feat:  Out Buildings
Interior Feat:  Accessory Apt
Terms:  Cash; Conventional; Seller Finance
Storage:  Shed
Utilities:  Gas: Connected; Power: Connected; Sewer: Connected; Water: Connected
Zoning:  Single-Family; Multi-Family
Remarks:  TWO FOR THE PRICE OF ONE!! 2 houses on one lot! Great investment opportunity or personal residence with built in income. Larger house was build in 1906, has 3 bedrooms, 1 bath, and is renting below market rate at $1175 per month. Lease ends March of 2022. Smaller house was built in 1950, has 1 bedroom, 1 bath, will be vacant after March 15th, and has a projected market rent of $975 with even higher income potential as a nightly rental. Buyer advised to do their own market rent analysis and check city ordinances. These units are super easy to rent often times even without advertising. Tenants cover their own utilities and yard maintenance which makes things very hands off. Tenant in larger unit has been there for many years and would love to be there for many more. Square footage figures a total of both units, are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement. NO LIVE SHOWINGS. Do not disturb tenants. See 3D tour for current condition. Feel free to make offers subject to inspection. Sellers will make showing & inspection accommodations with the tenants only after an offer is accepted.
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Listing Office:  Top Equity Realty