Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1950
Sq.Footage
2,494
Exceptional income-producing opportunity in the heart of Sugarhouse - one of Salt Lake City's most sought-after and resilient rental submarkets. This legal duplex with a city-approved third unit generates $5,500/month in gross rental income ($66,000 annually) at a 6.65% cap rate, with strong upside potential given the location and unit quality. New roof! The property features two spacious 2-bedroom/1-bath main-level units and a remodeled 1-bedroom lower-level unit, each with private outdoor space and a dedicated garage - a rare amenity that commands premium rents and drives tenant retention. Situated steps from the McClelland Trail and within walking distance of Westminster University, this property benefits from a deep, diverse tenant pool. So easy to maintain full occupancy. Mature trees, a secluded yard, updated kitchens, and full landscaping round out a well-maintained asset with no deferred maintenance. Square footage per appraisers measurement - buyer to verify all information.
Features & Amenities
Interior
-
Other Interior Features
In-Law Floorplan
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Forced Air, Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Construction Materials
Brick
-
Other Exterior Features
Lighting
-
Parking
Covered, Secured, Attached, Garage
-
Patio and Porch Features
Patio, Porch
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Lot Features
Wooded, Secluded, Private
-
Lot Size(acres)
0.2
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Front And Rear
Price
-
Sales Price
$900,000
-
Tax Amount
$3,452
-
Zoning
1105
-
Sq. Footage
2, 494
-
Price/SqFt
$360
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Clayton
-
High School
East
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Water Source
Spring
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Clayton
High School
East
Listing Courtesy of Joe Pierson , Real Broker, LLC
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Principal Broker | Realtor®
Summer Luke
Call Summer today to schedule a private showing.
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