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1895 S 200 E , Salt Lake City, UT 84115
$719,000
Est. Payment: $3,572.71/mo
6 Bed
3 Bath
2100 Sqft
Status: pending | Days on site: 65
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Ardivus Brivity
Sooper Dooper Guy
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House Description

Welcome to this exquisite triplex located in a sought-after neighborhood, offering an exceptional investment opportunity for buyers looking to benefit from rental income. With three separate units, each with its own unique features and rental history, this property could be the next addition to your real estate portfolio. Property Highlights: Location: Situated in a desirable neighborhood, this triplex enjoys easy access to schools, parks, shopping centers, and all essential amenities, making it highly attractive to potential tenants. -Three-Bedroom Basement Unit: The basement unit features three bedrooms and has been rented for $1,525 per month. The current lease extends until July of next year 2024, providing a stable income stream for the foreseeable future. Two-Bedroom Main Floor Unit: The main floor unit boasts two bedrooms and comes fully furnished, making it a prime choice for mid-term rentals. The current lease runs until September 23rd of 2023 at $2,000. Attic Unit: The attic unit offers comfortable living space and is also fully furnished for mid-term rentals. Currently rented out at $1,350 per month, the lease extends until November of 2023, adding to the property's consistent rental income potential. 3D renderings for attic unit: https://my.matterport.com/show/?m=4HxPfnhNZ5v Cosmetic Update: The property has undergone a cosmetic update within the last few years, ensuring that the interior spaces are fresh, modern, and appealing to prospective tenants. This enhancement helps maintain the property's value and reduces the need for immediate renovations. Investment Opportunity: With three well-maintained units, each with reliable tenants and varying lease expiration dates, this triplex presents a remarkable investment opportunity. The diverse rental strategy, combining long-term leases in the basement with mid-term furnished rentals on the main floor and attic, ensures a steady cash flow with the potential for flexibility in the future. Total Rental Income: $1,450 (3-Bed Basement) + $2,000 (2-Bed Main Floor) + $1,350 (Attic) = $4,800 per month Lease Terms: Basement lease ends July of next year 2024, Main Floor lease ends July 31st 2023, and Attic lease ends in November 2023. Additional Benefits: The inclusion of furniture in the Main Floor and Attic units eliminates the need for additional expenses on furnishing, further enhancing the property's appeal to prospective tenants. Don't miss this exceptional opportunity to acquire a profitable triplex in a sought-after location. Whether you're a seasoned investor or an aspiring landlord, this property offers both immediate income and long-term potential. Act fast and schedule your private viewing today! Other remarks: - legal non conforming triplex. - 3 electric meters. - one gas meter which is included in rent. - Square footage figures are provided as a courtesy estimate only and were obtained from measurement from seller. Buyer is advised to obtain an independent measurement. *Seller is willing to pay up to $5,000 towards new windows for a full price offer.
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Highlights

Listed by Bryan Martineau , 801-833-7129 Rockwood & Company LLC , 801-809-5347. Wasatch Front Multiple Listing Service

Property Type

Residential
Lot/Acreage
0.16

Year Built

1952

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

 Neighborhood

Broadway Add

 School District

Salt Lake

Listing ID

1890340

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
Other:Basement Apartment

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:RESIDE
Others:Blt./Standing
Sewer:Sewer: Connected
Principal Interest
$3,573
Taxes
$238

Home Price

$719,000

Loan Details

30 yrs
6.333%

Down Payment

20%
$143,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,572.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,572.71 $237.92 $0.00 $3,810.63
Yearly $42,872.57 $2,855.00 $0.00 $45,727.57
Total $1,286,176.98 $85,650.00 $0.00 $1,371,826.98
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ardi preflender
A Lender
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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information deemed reliable but not guaranteed accurate. Buyer to verify all information.The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2014 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated: 2026-07-05T23:36:20.000Z

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