4 months on rocket

250 N State St E, Salt Lake City, UT, 84103

$1,060,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
5 Baths
3,948 SqFt
$268/SqFt
Multi
Schools Nearby

Location

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250 N State St E, Salt Lake City$1,060,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingCovered
Attached Garage1 space
Year Built1938
HeatingForced Air
ViewMountain(s)
MLS #1973599
Lot Size0.19 Acres
StatusActive

About 250 N State St E

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Other/See Remarks
  • Year Built: 1938
  • Stories: 0
  • Living Area: 3,948 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Listing Agent: Cody Steck

Interior Features

Interior Information:

  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior: Dishwasher: Built-In

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)
  • Exterior: Patio: Covered, Porch: Open

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Covered

Lot Features

Lot Information:

  • Lot: Corner Lot, Sidewalk, Sprinklers, Rolling/Hilly
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • West High School, Public District Grades 7-12
  • Bryant Middle School, Public District Grades 7-8
  • Ensign School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,060,000
  • Price Per SqFt: $268/SqFt
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Housing Market Comparison

See how this home compares to others in Salt Lake City, UT.

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Salt Lake City, UT

City

Med. List Price

$625.9K

Med. Price/SqFt

$335

Avg. Days On Market

59

250 N State St E vs Salt Lake City

124 DAYS ON ROCKET

+65 Days

$1,060,000

+$434K More

$268/SqFt

-$68 Less

KEY TAKEAWAY

This property is $434K more than the Median List Price and $68/SqFt less than other homes in Salt Lake City, UT.

Based on homes listed in April 2024

MLS Details

MLS Information:

  • MLS Name: UtahRealEstate.com
  • MLS Number: #1973599

Listing Office:

  • Office Name: Real Broker, LLC
  • Listing Agent: Cody Steck

IDXBased on information from UtahRealEstate.com All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed accurate. The compilation of listings and each individual listing are Copyright © 2024 UtahRealEstate.com All rights reserved.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 1:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,358

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,244

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7546839
8
/10

  • Ensign School

  • 775 12th Ave

  • 1.28 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7546840
2
/10

  • Bryant Middle School

  • 40 S 800 E

  • 1.14 miles

  • Public District Grades 7-8

High School

school-card-donut-7546841
3
/10

  • West High School

  • 241 N 300 W

  • 0.69 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,808. Residents of Salt Lake City, UT typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Utah›Salt Lake County›Salt Lake City›84103›250 N State St E

This home is located at 250 N State St E in Salt Lake City, UT and zip code 84103 in the Kimball neighborhood. This 3,948 square foot home, which was built in 1938, sits on a 0.19 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $1,060,000.

The number of homes for sale in Salt Lake City, UT increased by 72.8% between March 2024 and April 2024. In April 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $625,972.

From Rocket Homes Real Estate and based on county public records data.

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