Coveted SugarHouse Salt Lake City LEGAL DUPLEX ZONED FOR BED & BREAKFAST!

$534,000
4
2
2,540
sq. ft.
$210
per sq ft
Heated sq ft: 2,540 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Multi-Unit Property (B&B)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Business Stay, City Life, Mountain, Pet Friendly, Ski
New Construction: Inquire
Days on Vrolio: 217

Property Description

Legal DUPLEX Over/Under 2 Bed 1 Bath up as well as 2 Bed 1 Bath down! This is zoned in a rare CB "Community Business" Zoning, which means it can be permitted for a LEGAL BED & BREAKFAST for a long term future in SALT LAKE CITY! Comparable 2 bed 1 bath units in the area are consistently earning $2100+/GROSS Average per month (data available to share with interested investors), so this building can start earning you solid returns right away! There is a very high end apartment complex called "Moda on Highland" next door (also CB ZONING) so at some-point, this lot might be ideal to expand and build more units similar to next door! The units are clean and ready to furnish with very little additional work needed to start your new Airbnb listings in. *NEWER separate water heaters with brand new expansion tanks installed. *Newer Separate Gas Furnaces with their own working thermostats. *Separately zoned and Metered power, gas and water (legal duplex). *All the old galvanized plumbing lines have been replaces with PEX. *New shower/tub installed in the upstairs bathroom just barely. The lot is .22acres, a deep lot with RV parking, room to add a garage or carports, and ample off street parking. Adorable fire-pit, seating area and lawn area. Contact the Listing Agent for more details, to see a FaceTime video walkthroughs, or for MLS link.

Presented by:
Agent:
Chad Miller
Realty Path South Valley
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Seller was using the upstairs as a permanent makeup business/office space for a few years and was living downstairs. They have outgrown the space and needed more room and therefore are selling.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
1
Additional Indoor Rooms
Finished basement, Living Room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Programmable thermostat
Year built
1947
Outdoor Features
Fenced/Gated Yard, Fire Pit
View
Mountain
Backyard Exposure
East
Lot Size
.22 acres (deep lot with ample parking and RV parking (room to build a garage. The unique CB "community business" zoning allows for a legal Bed&Breakfast, its. legal duplex with separately metered up/down units, and its zoning allows onsite business to be operated upstairs and also live downstairs. This property is more secure for a STR investment since its actually zoned for a legal Bed & Breakfast.
Community Features
Tax Amount/Year
$2,474
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Lots of off street parking. Room to add more.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$13.82
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
No
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$2,473.85
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Realty Path South Valley, 8018560112

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