1285 W 500 N, Salt Lake City, UT 84116
FOR SALE0.26 ACRES

1285 W 500 N
Salt Lake City, UT 84116

Fairpark
  • 4 Beds
  • 4 Baths
  • 5,483 sqft (on 0.26 acres)
  • 4 Beds
  • 4 Baths
  • 5,483 sqft (on 0.26 acres)

$1,100,000

Original price: $1,200,000
Est. Mortgage $6,399/mo*
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Local Information

map showing home location
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Description

Amazing rental property! Total Rents per month are $5879 per month and additional CAM fees are $1,118 per month. Long term tenants that have been there for over 10 years. The units are divided with two Large 2 bedroom 1 bathroom units up stairs for residential. The other three in the bottom are commercial units. There is a Church, Insurance company and a salon. This has so many upsides. Need to call agent for scheduling and may need longer than 24 hours notice. The seller is NOT interested in carrying any type of the loan. The pictures are all recent in the condition of the property.

Home Highlights

Parking
10 Open Spaces
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$201
Listed
180+ days ago

Home Details for 1285 W 500 N

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 5483 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Heating & Cooling
Heating: CentralNo CoolingHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Linoleum
Levels, Entrance, & Accessibility
Levels: TwoFloors: Carpet, Linoleum

Exterior Features

Exterior Home Features
Patio / Porch: Porch, Open PorchExterior: LightingNo Private Pool
Parking & Garage
Open Parking Spaces: 10No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 10Parking: Open
Frontage
Not on Waterfront
Surface & Elevation
Topography: Terrain

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2005Year Renovated: 2005
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Cinder Block, StuccoNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingIncluded in Sale: Range, RefrigeratorParcel Number: 0835154001

Price & Status

Price
List Price: $1,100,000Price Per Sqft: $201

Active Status

MLS Status: Active

Media

Virtual Tour (branded)See Virtual Tour

Location

Direction & Address
City: Salt Lake CityCommunity: Oakley Sub
School Information
Elementary School: BackmanElementary School District: Salt LakeJr High / Middle School: NorthwestJr High / Middle School District: Salt LakeHigh School: WestHigh School District: Salt Lake

Agent Information

Listing Agent
Listing ID: 1978413

Building

Building Area
Building Area: 5483 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.26 acres

Documents

Disclaimer: Information not guaranteed. Buyer to verify all information.

Offer

Listing Terms: Cash, Commercial Fin. Req., Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 1978413

Additional Information

Sidewalks
Last check for updates: about 16 hours ago
Listing courtesy of Ted Twogood, (801) 668-6985
RANLife Real Estate Inc
Alejandro Garaycochea, (801) 979-2928
RANLife Real Estate Inc
Source: UtahRealEstate.com, MLS#1978413

Price History for 1285 W 500 N

DatePriceEventSource
04/08/2024$1,100,000PriceChange
UtahRealEstate.com #1978413
03/20/2024$1,200,000PriceChange
UtahRealEstate.com #1978413
02/01/2024$1,300,000Listed For SaleUtahRealEstate.com #1978413
11/22/2023$1,000,000ListingRemovedUtahRealEstate.com #1893040
10/30/2023$1,000,000PriceChange
UtahRealEstate.com #1893040
10/19/2023$1,100,000PriceChange
UtahRealEstate.com #1893040
09/07/2023$1,200,001PendingToActiveUtahRealEstate.com #1893040
08/25/2023$1,200,000ContingentUtahRealEstate.com #1893040
08/08/2023$1,200,000Listed For SaleUtahRealEstate.com #1893040

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Comparable Sales for 1285 W 500 N

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
332 E Hubbard Ave, Salt Lake City, UT
3.28
Multi-Family Home
-
12/07/23
4
2
2,495

Neighborhood Overview

Fairpark
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairpark

  • Trulia User
    "this state is pretty family orientated and I find a lot of the community looks out for each other and it's peace full. and the community helps out when they see someone struggling"
    0
    Flag
  • Trulia User
    "quite clean near downtown grocery store near by laundry clean clise people very helpfull great public transportation easy urber and yellow cab schools safe "
    4
    Flag
  • Trulia User
    "people take their dogs all the time to the park. keep our community clean and keep doga on leash when other dogs around."
    2
    Flag
  • Ashley B.
    "It’s right outside of downtown. Fun to have the fair park near by. There’s a lot of variety in the neighborhood. Area of homelessness, clean areas, a lot of dogs, mixture of religions and neighbors. "
    17
    Flag
  • MANASE T.
    "I lived in this neighborhood for more than 10 years. I seen a lot of Changes more for Advantage with time development. So much subdivision townhome build alongside to downtown area. Bring more awareness new residential, hope for the best prepare for any outcome. Feel really safe surround here so far"
    7
    Flag
  • Lavalib
    "Great culture. Fun neighborhood. Close to Downtown and walkable to track and green bikes. The neighborhood is definitely growing. "
    10
    Flag

LGBTQ Local Legal Protections

Ted Twogood, RANLife Real Estate Inc
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-01-24 15:13:16 PST. 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. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1285 W 500 N, Salt Lake City, UT 84116 is a 4 bedroom, 4 bathroom, 5,483 sqft multi-family built in 2005. 1285 W 500 N is located in Fairpark, Salt Lake City. This property is currently available for sale and was listed by UtahRealEstate.com on Feb 1, 2024. The MLS # for this home is MLS# 1978413.