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Jenn Smart

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157 S 800 E , Salt Lake City, UT 84102
$855,000
Est. Payment: $1,900.00/mo
11 Bed
5 Bath
5989 Sqft
0.22 Acres
Status: under contract | Days on site: 160
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House Description

Fabulous U of U and downtown multi-unit rental and/or group home facility with new paint and carpet! Fabulous value with room to increase rents throughout! Current rent rates are low and have not been raised in years! This multi-unit property was originally built as an elderly care facility that required overhead water sprinklers, which are currently in place. The property is licensed and used for multi-unit rentals that allow apartment and single-room tenants up to 10 Doors. There is one 2-Bedroom, one-bath and a 1-Bedroom, one-bath apartment on the main floor. There are 8 single room rentals on the second floor that share a common kitchen area and 2 1/2 full baths. This property is perfect "As Is" or can be developed into an Airbnb, Hostel Group Home, or Apartments. The boiler is only a couple of years old, is 90%+ efficient, and represents a $30,000 investment. The roof is also in excellent condition, providing additional peace of mind for the buyer.

Highlights

Listed by Terry Cononelos , 801-205-7019 Masters Utah Real Estate , 801-453-1010. Wasatch Front Multiple Listing Service (IDX)

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1935

County

Salt Lake

Area

Salt Lake City; So. Salt Lake

School District

Salt Lake

Listing ID

2183101

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:5
Floor:Carpet,Hardwood,Linoleum,Vinyl
Water:Culinary

Exterior Features

Lot:Curb & Gutter,Fenced: Part,Road: Paved,Secluded,Sidewalks,View: Mountain,Private
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:15
Zoning:MR GRM
Roof:Asphalt
Others:
  • ▪ Additional:Entry (Foyer), Lighting, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Parking: Uncovered,Detached
Principal Interest
$1,900
Taxes
$375

Home Price

$855,000

Loan Details

30 yrs
0%

Down Payment

20%
$171,000
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Monthly Price:
$1,900.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,900.00 $375.00 $0.00 $2,275.00
Yearly $22,800.00 $4,500.00 $0.00 $27,300.00
Total $684,000.00 $135,000.00 $0.00 $819,000.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Salt Lake City, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Wasatch Front Regional MLS Inc. and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T19:13:38.000Z

© 2026 Wasatch Front Multiple Listing Service (IDX)