332 E Fenton Ave S, South Salt Lake, UT 84115

$759,000
6
BD
5
BA
2,548
SqFt

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List Price
$759,000
Status
ACTIVE
Days on Market
12
MLS#
2183415
Style
Side By Side
Year Built
1988
Bedrooms
6
Bathrooms
5
Living Area
2,548
Lot Size
7,405
Acres
0.17
Subdivision
Plat A
MLS Area Major
Salt Lake City; So. Salt Lake

Property Description

Turnkey, fully leased duplex investment opportunity in a convenient Salt Lake City location! Both units are currently leased at $2,320/month each through August 2027, generating $4,640/month and $55,680 in annual gross rental income with responsible tenants already in place. Each spacious unit features 3 bedrooms, 2.5 bathrooms, an attached 2-car garage, and a private, secluded yard-desirable features that help support strong long-term rental appeal. The property has been recently remodeled with new LVP flooring, fresh interior paint, and new bathroom vanities, offering updated interiors and reduced near-term improvement needs. Excellent central location with convenient access to downtown Salt Lake City, major freeways, shopping, dining, employment centers, and everyday amenities. An excellent opportunity for investors seeking a stabilized, income-producing property with leases already secured. After the current leases expire, the property offers flexibility for continued long-term rentals, potential owner occupancy of one unit while renting the other, or other rental strategies, subject to applicable regulations. Fully leased, recently updated, and producing income from day one-an attractive turnkey addition to an investment portfolio. Both sides occupied, offer subject to inspection please.

Additional Information

Taxes
$3,930
Property Description
Side By Side
Heating
Forced Air, Gas: Central
Exterior Construction
Aluminum
Roof
Asphalt
Parking Features
Attached
Garage Spaces
4
School District
Granite
Elementary School
Lincoln
Middle School
Granite Park
High School
Cottonwood

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Calculator source: Real Geeks

Listing courtesy of Realtypath LLC (Platinum).