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48 E 200 N
Salt Lake City, UT 84103
MLS #2028030

$899,444

 Available

3 Beds | 3 Baths | 0 Garage | 1,929 Sq Ft

Estimated Payment:  /month 
48 E 200 N
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Triplex for Sale

Steps from Capitol Hill discover The Moroni Heber Kimball House at 48 East 2nd North. Formerly owned by Heber Kimball, a leader in the early Latter Day Saint movement who served as one of the original twelve apostles; then sold to William Spry who was the third governor of the State of Utah and the U.S. Marshal for Utah. This income-generating triplex has exceptional tenant retention and represents an incredible investment opportunity. 48 East 2nd North is also an irreplaceable component of The Capitol Hill Historic District. This Folk Victorian property is estimated to be built circa 1888 in an esteemed neighborhood of incredible landmarks. Long tenured tenants, some of whom have called this place home for decades, drive consistent revenue and low operating expenses. Zoned RMF-75, there is optionality as a multi-family, single-family, or short-term rental. Additional features include a shared laundry room on the south side of the building along with individual gas and electricity meters. All other expenses are allotted pro-rata to each unit paid by the tenants. The monthly rental charges for each one-bedroom unit at The Moroni Heber Kimball House are $1,053, $993, and $1,223, which includes a trash valet subscription fee, property tax fee, a media package fee, and additional charges based on monthly water usage. All leases expire in September 2025 each with historically strong leasing periods. This property truly stands out as a rarity with no sales history in Utah's online multiple listing service records, making this a once-in-a-lifetime chance to own a piece of Salt Lake City's rich history. The property is also listed as a single-family residence, subject to county-approved conversion as an additional option to its future owner see utahrealestate.com/2028035. Don't miss out on this extraordinary opportunity to own a historic, revenue-generating property in one of Salt Lake City's most coveted areas. Only a handful of historic buildings are listed each year in The Capitol Hill Historic District, and each one offers something unique, this treasured triplex may just become your favorite acquisition yet. Upon request, a rental income statement is available. Contact the listing agent for more details.

Price Insights
Current price
Price per sq ft
Price per finished sq ft
$899,444
$466 / square foot
$466 / finished sq ft

28 Days on the Market
Status: Available

Schools, Inclusions, & Exclusions

Dryer, Washer
Inclusions are often re-negotiated during contract negotiation.
No items have been listed as excluded.

Salt Lake School District

Elementary: Bonneville
Middle: Hillside
Senior: East
The Numbers
Interior :
Style :
Year built :
Lot acres :
Lot sq ft :
1,929 square feet
Style: 2 Story
1888
.10 acres
4,356 square feet

Home Features & Amenities

Features: Vaulted Ceilings
Flooring: Carpet, Linoleum
Window Coverings: Blinds
Heating: Central Gas
Accessibility: Single Level Living
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Private Showing

Kris Carrigan, Realtor<sup>®</sup>
For showing appointments, call Kris Carrigan, Realtor® to view the home at 48 E 200 N in Salt Lake City. Give Kris Carrigan, Realtor® a call at (801) 781-0360.
48 E 200 N was listed on Oct 2nd, 2024 by KW Salt Lake City Keller Williams Real Estate, a real estate brokerage. 801-326-8800 is the contact info for the listing brokerage contact assigned for this listing.

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