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

250 N State St E
Salt Lake City, UT 84103

Capitol Hill
  • 7 Beds
  • 5 Baths
  • 3,948 sqft
  • 7 Beds
  • 5 Baths
  • 3,948 sqft

$1,060,000

Original price: $1,099,000
Est. Mortgage $6,170/mo*
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Local Information

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Commute Destination

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.

Home Highlights

Parking
1 Car Garage
Outdoor
Porch, Patio
A/C
Heating only
HOA
None
Price/Sqft
$268
Listed
114 days ago

Home Details for 250 N State St E

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3948 Square Feet
Appliances & Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water ConnectedAppliances: Built In Dishwasher
Heating & Cooling
Heating: Forced Air,CentralNo CoolingHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: BlindsFlooring: Carpet, Hardwood, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Vinyl
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Covered, Porch, Covered Patio, Open PorchVegetation: Mature TreesNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Carport Spaces: 3Number of Covered Spaces: 4Open Parking Spaces: 5Has a CarportHas a GarageHas an Attached GarageNo Open ParkingParking Spaces: 9Parking: Covered
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer, Sewer: Public
Surface & Elevation
Topography: Terrain Hilly

Days on Market

Days on Market: 114

Property Information

Year Built
Year Built: 1938Year Renovated: 2021
Property Type / Style
Property Type: Residential IncomeProperty Subtype: TriplexArchitecture: Other
Building
Construction Materials: Aluminum SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty
Property Information
Condition: Blt./StandingIncluded in Sale: Dryer, Range, Range Hood, Refrigerator, WasherParcel Number: 0931311003

Price & Status

Price
List Price: $1,060,000Price Per Sqft: $268

Active Status

MLS Status: Active

Location

Direction & Address
City: Salt Lake City
School Information
Elementary School: EnsignElementary School District: Salt LakeJr High / Middle School: BryantJr High / Middle School District: Salt LakeHigh School: WestHigh School District: Salt Lake

Agent Information

Listing Agent
Listing ID: 1973599

Building

Building Area
Building Area: 3948 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 8276.4 sqft

Documents

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

Offer

Listing Terms: Cash, Conventional, VA Loan

Compensation

Buyer Agency Commission: 2Buyer 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: 1973599

Additional Information

Sidewalks
Last check for updates: about 15 hours ago
Listing courtesy of Cody Steck, (801) 244-2297
Real Broker, LLC
Source: UtahRealEstate.com, MLS#1973599

Price History for 250 N State St E

DatePriceEventSource
03/25/2024$1,060,000PriceChange
UtahRealEstate.com #1973599
02/29/2024$1,099,000PriceChange
UtahRealEstate.com #1973599
01/03/2024$1,149,900Listed For SaleUtahRealEstate.com #1973599
08/01/2021ListingRemovedUtahRealEstate.com #1757558
07/27/2021$994,900PendingUtahRealEstate.com #1757558
07/24/2021$994,900Listed For SaleUtahRealEstate.com #1757558

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Comparable Sales for 250 N State St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
332 E Hubbard Ave, Salt Lake City, UT
1.87
Multi-Family Home
-
12/07/23
4
2
2,495

Neighborhood Overview

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

What Locals Say about Capitol Hill

  • Trulia User
    "it's a great neighborhood, if you're able to pay the prices. People mostly keep to themselves. There's a Harmon's in walking distance, but bewary of the guy who drives through the neighborhood at 3 AM with a noisy muffler. "
    1
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  • Trulia User
    "it's a very safe neighborhood. you'll feel good about letting your kids play in the area and a lot of things are close by. people are friendly too. "
    0
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  • Jennifer H.
    "I just moved here but it's so quiet and peaceful. It's a great place to walk dogs and everyone cleans up after their animals"
    3
    Flag
  • Andrew W.
    "Easy! Everyone is coming to downtown and it takes 15 min to get into north salt lake. It takes about 10-15 mins for my wife to walk downtown past all the city commuters. "
    0
    Flag
  • Andrew W.
    "It’s right next to the Capitol making it such a cool area to enjoy the neighborhood and tourist destination. "
    3
    Flag
  • Aps55304
    "Nice elementary school nearby. Warm springs park is a good place to take the dog. Marmalade neighborhood is poised for rapid growth and revitalization."
    1
    Flag
  • Aps55304
    "There are lot of dogs in the neighborhood. There are a couple of fog parks as well. All kinds of dogs. Lots of Labradoodles."
    1
    Flag
  • Angela C.
    "The handle bar is across the street is always lively. I like listening to their music from my window. "
    0
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  • Sky
    "Every Monday night the neighbors meet on the square. Public movies at the Capitol in the summer. Dog park is down the hill. Hiking and biking up the hill. "
    0
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  • Aps55304
    "Super easy. A short drive to W 2200 near the airport. Traffic is light early. Track is also an option."
    2
    Flag
  • Milot F.
    "There are lots of dogs in the area, with Memory Grove Park right near by. This park has an off leash dog trail that attracts lots of visitors."
    1
    Flag
  • thanksheather
    "I love this area and the fact that you can walk to ust about anything and still be in the middle of the arts area. So many things to do within a 10 minute walk. I love living here."
    4
    Flag
  • DaleWalkerRN
    "This is a great, mostly quiet area to live in, convenient to almost anything/anywhere! Beautiful historic buildings surround you: Utah State Capitol @ top of hill, LDS Church Temple / Headquarters @ bottom of hill with several tower condominiums having stunning views of the mountains and the valley below. Walking distance to the "New Downtown" with tons of restaurants, shopping to satisfy anyone, tons of culture and entertainment within a 6 block walk! Directly ON US-89 with many main thoroughfare surface street routes, and less than 5 minutes to I-15 AND I-80 for commuters, Only 15 minutes to SLC International Airport - cheaper to take a cab than to drive & park! Many parks, historic sites, cultural opportunities nearby. TRAX train and city bus line just a few minutes walk away, Amtrak station 5 minutes away. A dozen great Ski Resorts within a 45-minute drive. This neighborhood started in the 1800's as single-dwelling residences with many children, but has evolved over time to include many condominium projects that are primarily for couples & singles. Young families are beginning to make a comeback however. Ensign Peak is a couple of miles to the north, UP the mountain and is one of my favorite spots with stunning views of the entire south and western valley and the Great Salt Lake / Antelope Island. (You will WORK for that view however, as the climb is significant, but doable with a rest stop or two along the way.) The DOWNSIDE is the steep terrain on all 4 sides of Capitol Hill (think San Francisco on steroids!) The hill is NOT gentle and sloping, it is a MOUNTAIN and is steep. It is "hikeable" and is only 2-3 blocks to the level of the State Capitol, then returns to a mountainside again. A great place to visit and a wonderful place to live, with most housing very reasonably priced compared to the suburbs of Salt Lake City. The Downtown is being rebuilt and bringing several thousand new residents - Capitol Hill is convenient, but away from all the noise!"
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LGBTQ Local Legal Protections

Cody Steck, Real Broker, LLC
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.
250 N State St E, Salt Lake City, UT 84103 is a 7 bedroom, 5 bathroom, 3,948 sqft multi-family built in 1938. 250 N State St E is located in Capitol Hill, Salt Lake City. This property is currently available for sale and was listed by UtahRealEstate.com on Jan 3, 2024. The MLS # for this home is MLS# 1973599.