Price Reduction - Seller Financing
Address
121 S MAIN ST Salem, UT
Price
$ 435,000
Property Attributes
  • MLS#1726924
  • TypeSingle Family
  • CountyUTAH
  • CitySalem
  • AreaPayson
  • Zip84653
  • StyleRambler/Ranch
  • Year Built1906
  • Taxes$ 1862
  • Price$ 435,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1995
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Top Equity Realty
Data Source:
Wasatch Front Regional MLS - Salt Lake Board of Re
Property Description

Last chance to get this property before it's taken off the market and leases are signed with new tenants. TWO HOUSES ON ONE LOT! Great investment opportunity or personal residence with built in income. Houses have been rented separately for many years. Larger house was built in 1906, has 3 bedrooms, 1 bath, and is renting below market rate at $1175 per month. Lease ends March of 2022. Smaller house was built in 1950, has 1 bedroom, 1 bath, is recently vacant, and has a projected market rent of $975 with even higher income potential as a nightly rental. Buyer advised to do their own market rent analysis and check city zoning ordinances. These units are super easy to rent often times even without advertising. Tenants cover their own utilities and yard maintenance which makes things very hands off. Square footage figures a total of both units, are provided as a courtesy estimate only and were obtained from recent appraisal. Buyer is advised to obtain an independent measurement. SHOWINGS ON SMALLER HOUSE by special request. NO LIVE SHOWINGS on larger home. Do not disturb tenants. See 3D tour for current condition. Feel free to make offers subject to inspection. Sellers will make showing & inspection accommodations with the tenants only after an offer is accepted.

Elementary School Middle School High School
Salem Elementary School Salem Jr Middle School Salem Hills High School
Price History
2/28/2021 Listed $488,000
3/4/2021 2% - $480,000
3/15/2021 2% - $475,000
3/23/2021 4% - $460,000
4/23/2021 3% - $450,000
5/5/2021 3% - $439,000
5/11/2021 1% - $435,000

General Features

Architectural Style Rambler/Ranch
Association Y/N No
Attached Garage No
Basement Slab
Carport Y/N No
Current Use Single Family
Elementary School District Nebo
Exterior Features Out Buildings
Garage Y/N Yes
High School District Nebo
Home Warranty Y/N No
Interior Features Accessory Apt
Lease Considered Y/N No
MLS Area Payson; Elk Rg; Salem; Wdhil
Middle/Junior School District Nebo
New Construction No
Parking Features Parking: Uncovered, Rv Parking
Private Pool No
Property Attached Y/N No
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Sewer: Connected
Standard Status Active
Stories 2
Tax Annual Amount 1862.0
Topography Corner Lot, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Manual-Part
Total Rooms 12
Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Year Built 1906
Zoning Single-Family, Multi-Fami

Interior Features

Above Grade Finished Area 1995.0
Air Conditioning Y/N No
Fireplace Y/N No
Heating Y/N No
Living Area 1995.0
Main Level Bedrooms 2

Exterior Features

Building Area Total 1995.0
Frontage Length 0.0
Horse Y/N No
Lot Dimensions 0.0x0.0x0.0
Lot Features Corner Lot, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Manual-Part
Lot Size Acres 0.21
Lot Size Area 0.21
Lot Size Square Feet 9147.6
Lot Size Units Acres
Open Parking Y/N Yes
Spa No
View Y/N No
Water Source Culinary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84653

Price
AVG $1.16M
$440K
Taxes
AVG $2,392
$1,862
Visits
AVG 23
49
Year Built
AVG 2012
1906

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