Active

845 S WASHINGTON ST

Salt Lake City UT, 84101

$1,000,000


$341.53 per sqft

Active

6 Beds

3 Baths

2,928 sqft

Residential

Built in 1905

Incredible opportunity to own an income producing property in short-term rental approved Central 9th location in Salt Lake City, with two homes on one lot! This urban living experience offers a 1,728 square foot, four-bedroom, two-bathroom renovated home and a 1,200 square foot Accessory Dwelling Unit (ADU) constructed in 2021. The ADU features a heated garage/studio flexible space with two bedrooms and a bathroom. Combined, the homes provide a remarkable 2,928 sq ft of functional and efficient living space, accommodating six bedrooms, three bathrooms, ample storage, generous closets, a garden, open layouts, and high ceilings. The ADU, designated as our Alley-Box, is currently rented for $2,300 per month and generates revenue between $200 and $600 per night on Airbnb, with occupancy rates consistently exceeding 80% to 100%. Both homes were meticulously designed to cater to individuals seeking to recreate, generate income, and enjoy leisure in the city and its surrounding nature. The property is light & bright with creative vertical spaces, mature trees, and a charming street ambiance, creating an oasis amidst the urban environment. The main home has undergone a renovation that seamlessly integrates modern amenities while preserving its historic charm. The porch provides a picturesque setting for morning coffee, offering a glimpse into the neighborhood's daily activities. Other notable features include an open concept kitchen with stainless steel appliances and granite countertops, a new furnace, air conditioner, water heater, carpet, paint, garbage disposal, refrigerator, and roof installed in 2023. Central Ninth District is experiencing rapid growth, making it an attractive location for those seeking urban living and investment opportunities. This property is conveniently located within walking distance of several renowned restaurants and local businesses, such as Fisher Brewing, T.F. Brewing, and Water Witch; Laziz, Nohm, Vertical Diner, and Proper Burger; Ruby Snap Cookies; Central Ninth Market and Orchid Dynasty. Additionally, it enjoys easy access to major highways I-15 and I-80, as well as a proximity to a TRAX station, bus stops, and the 9-line bike lane. This makes it one of the most pedestrian-friendly, bicycle-accessible, and public-transit-oriented neighborhoods within the Salt Lake Valley. The ADU unit has been incorporated into the existing square footage of the main residence on the second floor.

2014622

MLS ID

July 31, 2024

Listed

December 16, 2024

Updated

Map

845 S WASHINGTON ST
Salt Lake City UT, 84101

Interior Features

Total Stories

3


Bedrooms

6


Total Bathrooms

3


Full Bathrooms

1


Three-Quarter Bathrooms

2


Interior Features

Bath: Master, Disposal, Oven: Wall, Range/Oven: Free Stdng, Granite Countertops


Laundry Description

Electric Dryer Hookup


Floor Description

Carpet, Hardwood, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas: Central

Exterior/Building Features

Lot Size

0.1 Acres


Exterior Features

Double Pane Windows, Entry (Foyer), Lighting, Porch: Open


Lot Features

Curb Gutter, Fenced: Full, Secluded, Sidewalks, View: Mountain


Architectual Style

Bungalow/Cottage


Roof

Asphalt


Sewer

Sewer: Connected, Sewer: Public

School Information

School District

Salt Lake


High School

Highland


Elementary School

Lincoln

Other Property Details

Area Name

Salt Lake City; So. Salt Lake


Taxes

$4,310


Tax Frequency

Annually


Days on Market

138


Garage

No


Parking Total

2


View

Yes


View Description

Mountain(s)


County

Salt Lake


Water Source

Culinary


Pool

No


Zoning

Single-Family, Short Term Rental Allowed

Listing History

Date

Event

Price

8/15/2024

Price change

$1,000,000

-10%

Courtesy of Summit Sotheby's International Realty

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 3:41 PM UTC, 12/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Roth shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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