Paras Real Estate

Walkable Marmalade money maker! Easy to manage/rent, income producer in the heart of the Marmalade district. Walking distance to downtown SLC, public transportation and many other amenities. Great freeway access. All four 1 bed/1 bath units (2 up 2 down) have the same layout and various levels of upgrades. All units have their own furnace, water heater, washer/dryer, full baths, and double paned windows. Full roof replacement in Aug '24. Lower level units are "garden" level with full sized windows and abundant natural light in every room. Separately metered with each unit having their own gas and electric bill.268 A is month to month at $1250/month. 268 B is month to month at $1150/month. 270 A is $975/month with a long term tenant who is moving out at the end of August. This unit will need some work. 270 B tenant just moved out, was at $1175/month ($1125/month base + $50/month pet fee). This unit is currently vacant and available to view. Seller financing will be considered with the following terms: 1) Full price offer. 2) ~50% down payment. 3) 5.5% interest only years 1-2, 7% years 3-5. Please see attached documents including recent survey. Owner recently sold part of this parcel to the neighbor and terminated legacy parking easement/lease which had been tied to the property.