250 N State St
Salt Lake City, UT 84103
MLS #2019136

Triplex for Sale

STEPS from the Capital building, this triplex will not disappoint. This amazing property can be setup for owner occupant or as a legacy investment property. Perfect for all options, including 1031 exchange. Strong rents in this amazing property will allow for strong investment potential, with total rents at $5,685 and tenants paying their own power and gas utilities. This meticulously maintained property had a brand new roof installed in 2021, and all brand new windows in 2022. Some upgrades have taken place inside the home including some bathrooms and kitchen work. Unit 1 features a townhome style unit with 3 bed and 2.5 baths as well as a 1 car garage. The other 2 units are 2 bed 1 bath. Property features plenty of off-street parking and 3 spot carport. Owner owns all 3 sets of washer, dryer, and all 3 refrigerators. Owner pays water sewer garbage which is ~$200/month. (could be billed back to tenants). Tenants pay power and gas on their own. Don't miss out on this rare chance to own a triplex in one of Salt Lake City's most desirable neighborhoods. This legacy property is a true gem in the heart of the city. Lease's are ending soon, so this is perfect for owner occupant, or for the new owner to bump rents up to meet market demand!