Welcome to an exceptional investment property in the heart of the Central Ninth neighborhood in Salt Lake City. This Dynamic Victorian style building holds a unique form-based zoning designation, FB-UN2 (Inquire for details) as well as the ability to owner occupy while renting the remaining 2 units. Commercial business and short-term rentals are also permissible. The current structure is as follows: Unit 1- Airbnb generating approx. 1,400 per month, Unit 2- Long term lease @ 1,500 + Utilities (laundry in unit). Unit 3- 950 + utilities. All three units have separate meters and there is a large shared laundry space in the basement for unit 1 and 3. Enjoy designated parking in the rear with a large backyard space and potential for additional structure. The proximity to the Central Ninth Neighborhood is extremely desirable with the Trax line, restaurants, shops, nightlife, and so much more just moments away. Schedule your showing today, opportunity awaits!
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,080
$315,900
2020
$2,080
$170,115
2019
$1,758
$176,220
2017
$1,879
$239,800
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,185
Per Month
Principal & Interest
$4,118
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,540
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Liberty School
1090 S Roberta St
Distance between this listing and this school0.70 miles
Public District Grades PK-6
6
/10
Whittier School
1600 S 300 E
Distance between this listing and this school1.26 miles
Public District Grades PK-6
8
/10
Hawthorne School
1675 S 600 E
Distance between this listing and this school1.62 miles
Public District Grades KG-6
Nearby Schools
8
/10
Salt Lake Arts Academy
844 S 200 E
Distance between this listing and this school0.44 miles
Public Charter Grades 5-8
3
/10
Salt Lake Center for Science Education Bryant
40 S 800 E
Distance between this listing and this school1.78 miles
Public District Grades 7-8
3
/10
Dual Immersion Academy
1155 S Glendale Dr
Distance between this listing and this school1.98 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Horizonte Instruction & Training Center
1234 S Main St
Distance between this listing and this school0.59 miles
Public District Grades 7-12
5
/10
Innovations High School
1700 S State St
Distance between this listing and this school1.21 miles
Public District Grades 9-12
6
/10
City Academy
555 E 200 S
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $38,613. Most Salt Lake City, UT residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 840 S W Temple in Salt Lake City, UT and zip code 84101 in the Ballpark District neighborhood. This 3,402 square foot home, which was built in 1898, sits on a 0.11 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $825,000.
Between September 2024 and October 2024, Salt Lake City, UT real estate market has seen increase in the number of listings by 43%. While the average time on the market in October 2024 was 73 days, the median list price was $599,158.
From Rocket Homes Real Estate and based on county public records data.