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$529,900

Est. payment - /mo

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3 Beds

1 Bath

1,404 SqFt

Active

121 S MAIN ST Salem, UT 84653

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Lori Collins

lori.collins@exprealty.com +1(385) 543-5553

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,404 sqft

Price per Sqft $377

Subdivision Salem City Survey

MLS Listing ID 2136424

Style Rambler/Ranch

Bedrooms 3

Full Baths 1

Construction Status Blt./Standing

HOA Y/N No

Abv Grd Liv Area 1,404

Year Built 1906

Annual Tax Amount $1,873

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Single Family Residence

Property Description

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.

Location

State UT

County Utah

Area Payson; Elk Rg; Salem; Wdhil

Zoning Single-Family, Multi-Family, Commercial

Rooms

Basement Slab

Main Level Bedrooms 1

Interior

Interior Features Accessory Apt, Kitchen: Second, Mother-in-Law Apt., Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Cooling Evaporative Cooling

Flooring Carpet, Tile

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Out Buildings, Porch: Open

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Single Family

Topography Corner Lot, Fenced: Part, Road: Paved, Sprinkler: Manual-Part, Terrain, Flat, View: Mountain

Porch Porch: Open

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot, Fenced: Part, Road: Paved, Sprinkler: Manual-Part, View: Mountain

Story 2

Sewer Sewer: Connected

Water Culinary

Architectural Style Rambler/Ranch

Structure Type Asphalt,Stucco

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Salem

Middle Schools Salem Jr

High Schools Salem Hills

School District Nebo

Others

Senior Community No

Tax ID 09-025-0004

Acceptable Financing Cash, Conventional, FHA, Seller Finance, VA Loan

Listing Terms Cash, Conventional, FHA, Seller Finance, VA Loan

Listed by Real Estate with Roger a Professional Limited Liability Company