2555 E Elm Ave, Salt Lake City, UT 84109
- $919,900
- 5
- BD
- 3
- BA
- 2,726
- SqFt
- List Price
- $919,900
- Status
- ACTIVE
- Days on Market
- 45
- Price Change
- ▼ $40,000 1793313947
- MLS#
- 2185150
- Style
- Up And Down
- Year Built
- 1979
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,726
- Lot Size
- 7,405
- Acres
- 0.17
- Subdivision
- Country Club Heights
- MLS Area Major
- Salt Lake City; Ft Douglas
Property Description
Incredible investment property in the highly desirable Country Club Heights neighborhood. This updated duplex generates $4,400/month ($52,800/year) in current rental income. Ideally located for students, medical professionals, and outdoor enthusiasts, this property is just minutes from the University of Utah, offers quick freeway and canyon access, and is approximately 20 minutes from Park City. Each unit offers 1,363 square feet of living space, with a 2-bedroom/1-bath unit currently renting for $2,000/month and a 3-bedroom/2-bath unit currently renting for $2,400/month. The property features remodeled kitchens and bathrooms, hardwood floors, updated HVAC systems, a replaced roof, freshly painted siding and deck, mature landscaping, a stone patio, and a detached 2-car garage with workshop. The upper kitchen opens to a nice deck with mountain and valley views. Separate gas and electric meters add convenience for tenants and owners. A central interior staircase provides flexibility for future use as a single-family residence, multi-generational home, or owner-occupied duplex. Both units are currently leased through July 2027. For a buyer seeking earlier occupancy, the seller may be willing to facilitate a negotiated early lease termination/buyout of one unit, subject to tenant agreement. Buyer to verify all listing details. Tied to MLS #2185136
Additional Information
- Interior Features
- Bath: Primary, Disposal, Range/Oven: Free Stdng., Silestone Countertops, Dishwasher: Built-In
- Exterior Features
- Basement Entrance, Out Buildings, Patio: Open
- Taxes
- $3,727
- Property Description
- Up And Down
- Zoning
- Single-Family, Multi-Family
- Flooring
- Carpet, Linoleum, Tile
- Heating
- Forced Air, Gas: Central
- Exterior Construction
- Brick
- Roof
- Asphalt
- Parking Features
- Detached, Opener, Workshop
- Garage Spaces
- 2
- School District
- Salt Lake
- Elementary School
- Beacon Heights
- Middle School
- Hillside
- High School
- Highland
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Listing courtesy of Netlogix Realty.