121 S MAIN ST

Salem, UT
$ 435,000 Beds 4 Baths 2 Sq 1,995 Virtual Tour
Monthly Estimate* How much can I afford?

Last chance to get this property before it's taken off the market and leases are signed with new tenants. TWO HOUSES ON ONE LOT! Great investment opportunity or personal residence with built in income. Houses have been rented separately for many years. Larger house was built in 1906, has 3 bedrooms, 1 bath, and is renting below market rate at $1175 per month. Lease ends March of 2022. Smaller house was built in 1950, has 1 bedroom, 1 bath, is recently vacant, and has a projected market rent of $975 with even higher income potential as a nightly rental. Buyer advised to do their own market rent analysis and check city zoning ordinances. These units are super easy to rent often times even without advertising. Tenants cover their own utilities and yard maintenance which makes things very hands off. Square footage figures a total of both units, are provided as a courtesy estimate only and were obtained from recent appraisal. Buyer is advised to obtain an independent measurement. SHOWINGS ON SMALLER HOUSE by special request. NO LIVE SHOWINGS on larger home. Do not disturb tenants. See 3D tour for current condition. Feel free to make offers subject to inspection. Sellers will make showing & inspection accommodations with the tenants only after an offer is accepted.

Single Family

  • Price
  • $ 435,000
  • Lot Size
  • 9,148 SqFt
  • Bedrooms
  • 4
  • Sqr Footage
  • 1,995
  • Full Bathrooms
  • 2
  • Year Built
  • 1906
  • Half Bathrooms
  • 0
  • City, Zip
  • Salem
  • Taxes
  • $ 1862
  • County
  • UTAH
  • Style
  • Rambler/Ranch
  • Area
  • Payson
  • MLS#
  • 1726924
  • Zip
  • 84653
Listing Provided by: Top Equity Realty
Data Source: Wasatch Front Regional MLS - Salt Lake Board of Re

Features

General

Architectural Style Rambler/Ranch
Association Y/N No
Attached Garage No
Basement Slab
Carport Y/N No
Current Use Single Family
Elementary School District Nebo
Exterior Features Out Buildings
Garage Y/N Yes
High School District Nebo
Home Warranty Y/N No
Interior Features Accessory Apt
Lease Considered Y/N No
MLS Area Payson; Elk Rg; Salem; Wdhil
Middle/Junior School District Nebo
New Construction No
Parking Features Parking: Uncovered, Rv Parking
Private Pool No
Property Attached Y/N No
Property SubType Single Family Residence
Property Type Residential
Senior Community Y/N No
Sewer Sewer: Connected
Standard Status Active
Stories 2
Tax Annual Amount 1862.0
Topography Corner Lot, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Manual-Part
Total Rooms 12
Utilities Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Year Built 1906
Zoning Single-Family, Multi-Fami

Interior Features

Above Grade Finished Area 1995.0
Air Conditioning Y/N No
Fireplace Y/N No
Heating Y/N No
Living Area 1995.0
Main Level Bedrooms 2

Exterior Features

Building Area Total 1995.0
Frontage Length 0.0
Horse Y/N No
Lot Dimensions 0.0x0.0x0.0
Lot Features Corner Lot, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Manual-Part
Lot Size Acres 0.21
Lot Size Area 0.21
Lot Size Square Feet 9147.6
Lot Size Units Acres
Open Parking Y/N Yes
Spa No
View Y/N No
Water Source Culinary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the South Jordan, UT office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Salem Elementary School
Middle School Salem Jr Middle School
High School Salem Hills High School

Price History

2/28/2021 Listed $488,000
3/4/2021 2% - $480,000
3/15/2021 2% - $475,000
3/23/2021 4% - $460,000
4/23/2021 3% - $450,000
5/5/2021 3% - $439,000
5/11/2021 1% - $435,000

Property vs Zip Code Average in 84653

Price
AVG $1.22M
$440K
Taxes
AVG $2,480
$1,862
Visits
AVG 26
51
Year Built
AVG 2011
1906

Map

Areas That We Cover

121 S MAIN ST Salem, UT is a Single Family Home for sale at $435000 with 1995 sqft and a lot size of 9,148 SqFt Acre(s). 121 S MAIN ST Salem has 4 bedrooms, 2 baths and was built in 1906. The property's zip code is 84653 which is in Salem, UT

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.