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259 E COATSVILLE S AVE, Salt Lake City, UT 84115
$650,000
259 E COATSVILLE S AVE, Salt Lake City, UT 84115
Type
SFR
List Price
$650,000
Price/Sqft
$265
Est Gross Yield
6.1%
$39,396/yr est.
Property Details
Description
MASSIVE PRICE REDUCTION on this multi-Principal dwelling property nestled in the heart of Salt Lake City. This property has 2 legal principal dwelling houses on 1 lot plus a private walk-out basement mother-in-law suite in the main house. All appliances are included! Across all three living areas you'll find 3 kitchens, 3 comfortable family rooms, 3 bathrooms, and 4 total bedrooms. The rear home is separately metered with its own utilities. Outside, a 1-car garage and ample parking ensure every household has room for a vehicle. EV outlet professionally added for convenient EV Car charging. The 0.13-acre lot is fully landscaped with auto full sprinklers & a cozy gazebo located at the back corner of the yard. The Main house is 1856 sqft. The 594 sqft listed as "level 2" is the 2nd additional principal dwelling located at the rear of the property. Please note; Sellers recently became aware of potential foundation deficiencies affecting the REAR STUCTURE. In response, the Sellers engaged a licensed structural engineer to conduct a formal inspection of the structure. The engineer's report found NO conditions rendering the unit uninhabitable; to clarify the rear home IS HABITABLE! However, it does recommend certain improvements to support the long-term integrity of the foundation and overall structure. The sellers have significantly reduced the list price for future costs of repairs. A copy of the structural engineer's report and recommendations is available to the buyer upon request. The Sellers are motivated! Square footage figures are provided as a courtesy estimate only and were obtained from prior appraisal. Buyer is advised to obtain an independent measurement.
Listed by Teresa R Thurber · The Mascaro Group, LLC
Location
259 E COATSVILLE S AVE, Salt Lake City, UT 84115
Proforma
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Cap Rate
4.03%
Cash-on-Cash
-1.72%
Cash Flow
-$350/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/24/2026, 11:50:25 PM. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.