$ 995,000
-
$995,000
Price -
4
Bed -
3
Bath -
2,944
SqFt
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About the Listing 68863 - 98970
High-Yield Avenues Triplex: A Masterclass in Operational Efficiency: In the 2026 market, sophisticated investors are trading volatility for functional efficiency. This 1916 Avenues triplex is a rare defensive asset, boasting a 100% occupancy rate and a lean expense profile that prioritizes your bottom line. The property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The Hero Feature: Optimized Expense Ratio: Unlike older builds plagued by high overhead, this asset is a model of climate resilience and fiscal control. Operating expenses are kept remarkably low covering essential taxes and insurance-while tenants handle individual utilities via separate gas and power meters. This "loss aversion" setup protects you from the rising utility costs that are eroding margins elsewhere. Strategic Upside & Artisan Appeal: Immediate Cash Flow: Delivering a Gross Operating Income over $51,000 annually. The "Enclave" Edge: The upper-level unit's dedicated "at-home escape" study ensures high-demand professional interest in a neighborhood with tightening supply. Future-Proof Terms: All units are on month-to-month leases, providing the ultimate flexibility to capture 2026's trending rent growth. Asset Resilience: Situated on a prime corner lot with a 0.15-acre footprint, this property includes essential 2026 amenities: a long driveway, dedicated storage for every unit, and a "wellness-focused" location near the serene trails of City Creek Canyon. Own a piece of the Avenues that isn't just a building, but a high-performance financial engine. A turnkey investment with proven performance and room to grow.
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances: Storage Shed(s)
- Air Cond:
- Heating: Forced Air,Gas: Central
- Fireplaces:
- Floor: Carpet,Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Closet: Walk-In,Den/Office,Range/Oven: Free Stdng.
- Water: Culinary,Irrigation
Exterior Details
- Lot Description: Corner Lot,Sprinkler: Auto-Full
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: RMF-35
- Roof: Asphalt
- Others: Patio: Covered,Blt./Standing
- Sewer: Sewer: Connected
- Parking Features: Parking: Uncovered
Financial Details
- Tax Amount: $3,489
- Taxes w/Assessments: N/A
- Tax/Property ID: 09-31-481-001
- Tax Year: N/A
Payment Calculator
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Questions About..
86 N F St Salt Lake City, UT 84103
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