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250 N State St E, Salt Lake City, UT 84103
$1,060,000
250 N State St E, Salt Lake City, UT 84103View this property at 250 N State St E, Salt Lake City, UT 84103
250 N State St ESalt Lake CityUT84103
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Property Description
Just 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 $5,635 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. 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.
Full Property Details
Full Property Details for 250 N State St E
General
- Price: $1,060,000
- Taxes: $5,872
- Status: Active
- Type: Triplex
- MLS ID: 1973599
- Updated: 4/11/2024
- Added to Site: 117 day(s) ago
Interior
- Interior Features: Dishwasher: Built-In
- Flooring: Carpet, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Patio: Covered, Porch: Open
- Porch/Patio/Deck: Covered, Porch: Open
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 3
- Covered Spaces: 4
- Total Spaces: 9
- Parking Features: Covered
Location
- Area: Salt Lake City: Avenues Area
- County: Salt Lake
- Cross Streets: 100
- Direction Faces: West
School Information
- Elem School District: Salt Lake
- Midd School District: Salt Lake
- High School District: Salt Lake
- Elementary School: Ensign
- Middle School: Bryant
- High School: West
Heating & Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Architectural Style: Other/See Remarks
- Construction: Aluminum
- Exterior Const.: Aluminum
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 3,948
- Living Area: 3,948 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1938
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size: .19
- Landscape: Mature Trees
- Topography: Corner Lot, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain: Hilly, View: Mountain
- Lot Features: Corner Lot, Road: Paved, Sidewalks, Sprinkler: Auto-Part, Terrain: Hilly, View: Mountain
- Trees/Vegetation: Mature Trees
Financial Considerations
- Tax Amount: $5,872
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Inclusions: Dryer, Range, Range Hood, Refrigerator, Washer
- Property ID: 09-31-311-003
Listed by Real Broker, LLC
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Schools
Schools serving 250 N State St E
School District:Salt Lake City School District
Rating | Name | Grades | Distance |
---|---|---|---|
775 E 12th Ave, Salt Lake Cty, UT 84103 | PK-6 | 1.3 mi | |
241 N 300 W, Salt Lake Cty, UT 84103 | 7-12 | 0.7 mi | |
40 S 800 E, Salt Lake Cty, UT 84102 | 7-8 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 250 N State St E
Date
Details
Price
Change
Source
3/24/2024
Price Reduced
$1,060,000
-3.55%
MLS
2/28/2024
Price Reduced
$1,099,000
-4.43%
MLS
1/03/2024
Listed
$1,149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 250 N State St E
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,872
4%
$1,080,000
11%
2022
$5,646
41%
$974,200
56%
2021
$4,008
-1%
$626,200
4%
2020
$4,045
-16%
$601,500
62%
2019
$4,813
30%
$370,315
-31%
2017
$3,693
—
$535,800
14%
2017
$3,693
8%
$471,300
14%
2016
$3,406
4%
$412,800
10%
2015
$3,264
-1%
$375,000
—
2014
$3,294
6%
$375,400
11%
2013
$3,097
—
$337,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 250 N State St E
250 N State St E, Salt Lake City, UT 84103 (MLS# 1973599) is a Triplex property with 7 bedrooms and 0 full bathrooms. 250 N State St E is currently listed for $1,060,000 and was received on January 03, 2024. Want to learn more about 250 N State St E? Do you have questions about finding other Triplex real estate for sale in Salt Lake City? You can browse all Salt Lake City real estate or contact a Coldwell Banker agent to request more information.