341 W REED AVE, Salt Lake City, UT 84103

$600,000 Asking Price

3 beds
3 baths
1,768  sqft
Built in 1893

Opportunity Knocks With This Outstanding Home In Heart Of SLC Marmalade District. The Mixed-Use Zoning Is Key. This Home Was Operating As A Triplex, But Can Be Converted Back To Single Family Residence (SFR) If Desired. Perfect For An Investor Or Owner Occupant With A Vision For Rehabilitation. Pricing Reflects Current Condition. 'After Repair Value' For Single Family Residence Is Approximately $830K. MU Zoning Allows Permitted/Conditional Uses For: Commercial, Retail, Office, Multifamily, SFR, Restaurant, Hotel, Motel, Bar, Brew Pub, Tavern And More. (MU Zoning Table Of 'Permitted Uses', And ARV Comparables Attached). [Square Footage Figures Are Provided As A Courtesy Estimate Only And Were Obtained From County Records. Buyer Is Advised To Obtain An Independent Measurement.]

Features & Amenities

Interior

Master Bedroom:
Floor: 1st,Floor: 2nd
Appliances:
Refrigerator
Laundry:
Electric Dryer Hookup
Basement:
None
Flooring:
Hardwood,Laminate,Tile
Heating:
Gas: Central

Exterior

General:
Patio: Covered,Secured Parking,Patio: Open
Style:
Bungalow/Cottage
Parking:
Secured, Parking spaces: 2

Construction

Roofing:
Asphalt
General:
Blt./Standing

Location

Originating MLS:
UtahRealEstate.com
School District:
Salt Lake
County:
Salt Lake

Lot

Topography:
Terrain, Flat, View: Mountain
Landscaping:
Mature Trees
Zoning:
See Remarks, Single-Family, Multi-Family, 08-25-378-007
View:
Mountain(s), View
Current Use:
Single Family

Utilities

Utilities:
Sewer: Public
Water:
Culinary
Sewer:
Sewer: Public

Financial

Source:
UtahRealEstate.com

This listing courtesy of:
Pristine Property of the West LLC, Jessica R VanTassell

About Salt Lake City, UT

Housing

Number of Units
207,437
Median Home Value
$363,648
Median Rent
$1,047

42.36% of housing units are renter occupied.

6.92% are vacant.

Commute

Car
60.92%
Public Transportation
3.40%
Walk to Work
2.18%
Work from Home
31.89%
Other
0.65%

The median travel time to work is 15 minutes.

People

Population
503,789
Median Age
35.10
Median Household Size
2.68

Education

High School
20.12%
Associate’s Degree
7.42%
Bachelor’s Degree
25.77%
Graduate Degree
16.83%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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