Price Reduced

Listed By KW Salt Lake City Keller Williams Real Estate, Sydney Rosenblatt. 801-326-8800
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

$848,499

($386/SF) • $/month

Listing Price

Down payment

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/year

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estimated monthly payment:

Price Change: $-50,945 (25 Days Ago)

3 Bed •

3 Bath •

2,200 SF •

0.10 AC

48 E 200 N #1

Salt Lake City, UT 84103

Subdivision

Capitol Hill Historic District

MLS# 2028035

142 Days on Market

Jennifer Stickler Jennifer@mountainluxury.com 801.430.0073 Principal Broker

Invest or occupy! Short term rental capabilities Zone RMF-75. Only historic legal multi-unit for sale available and this property has never been listed. Individual furnaces, water heaters, gas meters, electric meters. Rents are due for an increase and can be increased in a few months with the potential for higher paying new tenants. Leases expire in September and vacancy can be negotiated. Step into the historic residence of your dreams with this beautifully preserved 1888 Folk Victorian home, nestled among national and local historic landmarks. The Moroni H. Kimball House, now available for the first time, offers timeless appeal and a rare opportunity in The Capitol Hill Historic District. 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 Utah and The U.S. Marshal for Utah. This charming two-story, all-brick residence features a lovely exterior with beautiful rose bushes, a deck, and an original stained glass window. Inside, you'll find vaulted ceilings, multiple spacious living areas, and updated windows throughout, blending historic preservation with modern comfort. Whether you're looking to convert it into a stunning single-family home with a few modern updates or add it to your rental portfolio, this triplex has endless potential. The RMF-75 zoning gives this property special accommodations for both single-family and multi-family residences, offering a world of possibilities in the heart of Downtown, Salt Lake City. You'll be just minutes from top-tier shopping, dining, and some of the best parks Utah has to offer. Potential income of $3,600 to $4,000 a month, this is an ideal acquisition for investors or anyone seeking a classic home conversion in a neighborhood known for its excellent appreciation. The property is also listed as a multi-family residence at MLS #2028030. Don't miss your chance to own this extraordinary piece of Utah history. Upon request, a rental income statement is available. Contact the listing agent for more details.