332 E Fenton Ave S, South Salt Lake, UT 84115
- $759,000
- 6
- BD
- 5
- BA
- 2,548
- SqFt
- List Price
- $759,000
- Status
- ACTIVE
- Days on Market
- 57
- 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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Listing courtesy of Realtypath LLC (Platinum).