5 Beds | 3 Baths | 3 Garage | 2,494 Sq Ft
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.
KRealEstateUtah.com shows ALL available properties from the MLS in Utah (WFRMLS), including any property that is pending, under contract, accepting backup offers, or actively seeking buyers.