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356 W 1700 S - Single Family Home - Occupy Rent or Landbank 1,460 SF Specialty Building Offered at $425,000 in Salt Lake City, UT 84115
INVESTMENT HIGHLIGHTS
- Good downtown periphery location for occupier or rental home
- Home in good shape with good size back yard - Could have value add improvements
- Could be part of larger assembly for development
EXECUTIVE SUMMARY
Offering for Investor or owner occupier - land banking potential. New zone of MU-11 allows Single family home or future development for high density residential
Offered with abutting SFR home abutting to the East at 348 W. 1700 So. SLC. UT
356 W. 1700 South is a
Single-family 2 bed/2 bath home with lots of character - hardwood floors, knotty pine cabinets. 1 bedroom and den on the main floor, addition at the back has a large family room area with a spacious bedroom and ensuite 3/4 bath. Laundry alcove off family room. Newer heating & AC, newer roof (8-10 years old), fully fenced back yard, off-street parking (driveway on the west side of the home) and extra deep 1-car garage. Property backs on Hansen Ave - a dead-end street with street parking for guests. Home has been rented most recently for $2,200/month. Zoned commercial - MU-11 Mixed Use - owner would prefer to sell together with 348 W 1700 S, MLS #2120252, Tax ID 15-13-181-010, and would prefer to close the first week in January. 50' of frontage, 125' of frontage and .24 acre with both properties combined. Conventional loan may require an appraisal allowing for residential use.
Offered with abutting SFR home abutting to the East at 348 W. 1700 So. SLC. UT
356 W. 1700 South is a
Single-family 2 bed/2 bath home with lots of character - hardwood floors, knotty pine cabinets. 1 bedroom and den on the main floor, addition at the back has a large family room area with a spacious bedroom and ensuite 3/4 bath. Laundry alcove off family room. Newer heating & AC, newer roof (8-10 years old), fully fenced back yard, off-street parking (driveway on the west side of the home) and extra deep 1-car garage. Property backs on Hansen Ave - a dead-end street with street parking for guests. Home has been rented most recently for $2,200/month. Zoned commercial - MU-11 Mixed Use - owner would prefer to sell together with 348 W 1700 S, MLS #2120252, Tax ID 15-13-181-010, and would prefer to close the first week in January. 50' of frontage, 125' of frontage and .24 acre with both properties combined. Conventional loan may require an appraisal allowing for residential use.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $425,000 | Building Size | 1,460 SF |
| Price Per SF | $291.10 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1943/1996 |
| Property Type | Specialty | ||
| Zoning | MU-11 - MU-11 - commercial zone allows for high density residential & wide variety of commercial uses. The Single Family Home is allowed use in new zone. | ||
| Price | $425,000 |
| Price Per SF | $291.10 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Size | 1,460 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1943/1996 |
| Zoning | MU-11 - MU-11 - commercial zone allows for high density residential & wide variety of commercial uses. The Single Family Home is allowed use in new zone. |
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356 W 1700 S - Single Family Home - Occupy Rent or Landbank
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