$ 900,000
-
$900,000
Price -
5
Bed -
3
Bath -
2,494
SqFt
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About the Listing 71477 - 63679,0
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. DO NOT DISTURB TENANTS. Make offers subject to inspection. Square footage provided as a courtesy; buyer to verify all information.
Listing Highlights
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Electric,Forced Air,Wall Furnace
- Fireplaces:
- Floor: Carpet,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Basement Apartment,Disposal,Floor Drains,Kitchen: Updated,Mother-in-Law Apt.,Range: Gas,Range/Oven: Free Stdng.
- Water: Culinary,Spring
Exterior Details
- Lot Description: Curb & Gutter,Secluded,Sidewalks,Sprinkler: Auto-Full,Terrain: Grad Slope,Wooded,Private,View: Water
- Garage Capacity: 3 car
- Parking Spaces: 6
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: 1105
- Roof: Membrane
- Others: Basement Entrance,Out Buildings,Lighting,Porch: Open,Secured Building,Secured Parking,Sliding Glass Doors,Storm Windows,Patio: Open,Blt./Standing
- Sewer: Sewer: Connected
- Parking Features: Covered,Secured
Financial Details
- Tax Amount: $3,452
- Taxes w/Assessments: N/A
- Tax/Property ID: 16-17-230-014
- Tax Year: N/A
Payment Calculator
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1219 E Kensington Ave Salt Lake City, UT 84105
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