121 S Main St

Salem, UT 84653
  • $524,900

    Price
  • 3

    Bed
  • 1

    Bath
  • 1,404

    SqFt

About the Listing 99000167 - 41416,0

TWO HOMES FOR THE PRICE OF ONE! SELLER FINANCING AVAILABLE. 4.75% RATE! Rare commercial-zoned investment or owner-occupant opportunity with built-in income. Two separate homes on one lot in a prime Salem location just steps from Salem Ponds, within walking distance to schools, one block from the sports complex, and minutes to shopping, dining, and commuter routes. The main home (built 1906) features 3 bedrooms and 1 bath and is currently rented below market at $1,450/month (Month to Month). The Second Home (ADU) (built 1950) offers 1 bedroom and 1 bath with a tenant at $1,275/month, month-to-month, and is approved for short-term/nightly rental, providing excellent flexibility and upside. Perfect house-hack or cash-flow investment-rent one or both units with minimal management. Tenants pay their own utilities and handle yard maintenance, making this a hands-off property. Both homes are in great condition and well maintained. Additional features include a large storage shed divided into three separate sections for tenants/owner use. A smaller shed is tenant-owned and excluded from the sale. Square footage is provided as a courtesy estimate from a recent appraisal. Buyer to verify all measurements. Do not disturb tenants. Live showings Are Available with 48 Hours Notice. Agent is Related to the Seller.

Listing Highlights

Status Active
Days on Site 109
Property Type Residential
MLS ® 2136424
Year Built 1906
Total Square Footage 1,404
Lot/Acreage 0.21
County Utah
Neighborhood Salem City Survey
School District Nebo
Elementary School Salem
Middle School Salem Jr
High School Salem Hills

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Evaporative Cooling
  • Heating: Forced Air,Gas: Central
  • Fireplaces:
  • Floor: Carpet,Tile
  • Above Ground Sq Ft: 1404
  • Below Ground Sq Ft: n/a
  • Basement: Slab
  • Other: Accessory Apt,Kitchen: Second,Mother-in-Law Apt.,Range/Oven: Free Stdng.
  • Water: Culinary

Exterior Details

  • Lot Description: Corner Lot,Fenced: Part,Road: Paved,Sprinkler: Manual-Part,View: Mountain
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 0.0x0.0x0.0
  • Zoning: Single-Family, Multi-Family, Commercial
  • Roof: Asphalt
  • Others: Out Buildings,Porch: Open,Blt./Standing,ADU
  • Sewer: Sewer: Connected
  • Parking Features: Parking: Uncovered,Rv Parking

Financial Details

  • Tax Amount: $1,873
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 09-025-0004
  • Tax Year: N/A

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121 S Main St Salem, UT 84653

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Originating MLS: UtahRealEstate.com

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