Exceptional investment opportunity in the heart of Salt Lake City! This turnkey, high-performing duplex offers immediate income potential with both units currently occupied on flexible month-to-month leases, providing investors with cash flow today and future flexibility tomorrow. The property has been thoughtfully updated and features an upgraded kitchen, a newer roof (2019), shared laundry, and a spacious layout with seven individually keyed bedrooms plus a private studio apartment complete with its own kitchen, updated flooring and paint, and an attached one-car garage. Owner-occupants will appreciate the option to convert the main residence back into a spacious single-family home while keeping the studio as a mother-in-law suite, guest quarters, or additional rental income. Investors will love the strong rental history and versatile floor plan in one of the Wasatch Front's most desirable rental markets. A recent full appraisal valued the property at $770,000, offering buyers added confidence in the property's value. Seller is also willing to contribute toward an interest rate buy-down with an acceptable offer, creating an outstanding opportunity in today's market. Conveniently located near downtown Salt Lake City, shopping, dining, public transit, and freeway access, this property offers the perfect blend of location, flexibility, and long-term value. Schedule your private showing today and discover the income potential and versatility this exceptional property has to offer.
20 days
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528
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22
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Zillow last checked:
Listing updated:
Listed by:
Justin Moody801-403-8169,
Utah's Wise Choice Real Estate
Source: UtahRealEstate.com,MLS#: 2172882
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Rooms
Room types: Second Kitchen, Updated Kitchen
Heating
Central
Appliances
Included: Disposal, Free-Standing Range, Built In Dishwasher
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.