About 48 E 200 N, Salt Lake City, Utah 84103

Steps from Capitol Hill discover The Moroni Heber Kimball House at 48 East 2nd North. Formerly owned by Heber Kimball, a leader in the early Latter Day Saint movement who served as one of the original twelve apostles; then sold to William Spry who was the third governor of the State of Utah and the U.S. Marshal for Utah. This income-generating triplex has exceptional tenant retention and represents an incredible investment opportunity. 48 East 2nd North is also an irreplaceable component of The Capitol Hill Historic District. This Folk Victorian property is estimated to be built circa 1888 in an esteemed neighborhood of incredible landmarks. Long tenured tenants, some of whom have called this place home for decades, drive consistent revenue and low operating expenses. Zoned RMF-75, there is optionality as a multi-family, single-family, or short-term rental. Additional features include a shared laundry room on the south side of the building along with individual gas and electricity meters. All other expenses are allotted pro-rata to each unit paid by the tenants. The monthly rental charges for each one-bedroom unit at The Moroni Heber Kimball House are $1,053, $993, and $1,223, which includes a trash valet subscription fee, property tax fee, a media package fee, and additional charges based on monthly water usage. All leases expire in September 2025 each with historically strong leasing periods. This property truly stands out as a rarity with no sales history in Utah’s online multiple listing service records, making this a once-in-a-lifetime chance to own a piece of Salt Lake City’s rich history. The property is also listed as a single-family residence, subject to county-approved conversion as an additional option to its future owner see utahrealestate.com/2028035. Don’t miss out on this extraordinary opportunity to own a historic, revenue-generating property in one of Salt Lake City’s most coveted areas. Only a handful of historic buildings are listed each year in The Capitol Hill Historic District, and each one offers something unique, this treasured triplex may just become your favorite acquisition yet. Upon request, a rental income statement is available. Contact the listing agent for more details.

Features of 48 E 200 N, Salt Lake City, Utah 84103
Gas: Central
Pitched, Tile
0
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Community Information of 48 E 200 N, Salt Lake City, Utah 84103
Utah
Salt Lake
Salt Lake City
84103
48 E 200 N
Salt Lake
Bonneville
Daybreak-springhouse Village
North
Hillside
0
W112° 5' 48.3''
N40° 46' 25.4''
No
No
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Amenities of 48 E 200 N, Salt Lake City, Utah 84103
Single Level Living
Blinds
Natural Gas Connected,Electricity Connected,Sewer
Brick
See Remarks, Patio: Covered, Double Pane Windows, Porch: Open, Stained Glass Windows
Curb & Gutter, Sidewalks, Road: Paved, Sprinkler: Auto-full, Drip Irrigation: Auto-part
Carpet,Linoleum
Vaulted Ceilings, See Remarks
Stories: 2
09/10/2024 00:11:31
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Additional information of 48 E 200 N, Salt Lake City, Utah 84103
KW Salt Lake City Keller Williams Real Estate
$2,322
Cash,conventional,fha,va Loan
No
$0
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Tanisia Davis

Residential - Triplex

48 E 200 N, Salt Lake City, Utah 84103

3 Bedrooms
3 Bathrooms
1,929 Sqft
$899,444
MLS # 2028030
Basic Details
Days On Market : 12
Price : $899,444
Year Built : 1888
Square Footage : 1,929 Sqft
Bedrooms : 3
Bathrooms : 3
Lot Area : 0.10 Acre
MLS # : 2028030
Zoning : Single-Family, Multi-Family, Short Term Rental All
Property Type : Residential
Listing Type : Triplex
Half Bathrooms : 0
StandardStatus Active
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