Description
Amazing opportunity to own a Turnkey, high cash flowing duplex in the heart of Salt Lake City and South Salt Lake that is fully rented out. Currently rented as a month to month & Airbnb rental to maximize the monthly revenue room by room. $5,524 a month revenue, that is a 8% CAP rate with this list price. NO down time, start making money on your investment the day after you close. You can also make it your own, and easily convert the large main home to a single family home with a mother-in-law studio apartment. This house has an updated kitchen, new roof in 2019, 7 rented bedrooms with separate keyed access to each, a full studio apartment with its own kitchen and single car garage. The studio had updated carpet and paint in 2021. Home was partially furnished by the landlord and will be sold partially furnished (excluding any and all tenant personal property). Shared Laundry next to the main kitchen. Make an offer and lock this great investment up today!!
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8BEDS
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0.29ACRES
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3BATHS
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01/2 BATHS
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2,738SQFT
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$290$/SQFT
School Information
Description
Amazing opportunity to own a Turnkey, high cash flowing duplex in the heart of Salt Lake City and South Salt Lake that is fully rented out. Currently rented as a month to month & Airbnb rental to maximize the monthly revenue room by room. $5,524 a month revenue, that is a 8% CAP rate with this list price. NO down time, start making money on your investment the day after you close. You can also make it your own, and easily convert the large main home to a single family home with a mother-in-law studio apartment. This house has an updated kitchen, new roof in 2019, 7 rented bedrooms with separate keyed access to each, a full studio apartment with its own kitchen and single car garage. The studio had updated carpet and paint in 2021. Home was partially furnished by the landlord and will be sold partially furnished (excluding any and all tenant personal property). Shared Laundry next to the main kitchen. Make an offer and lock this great investment up today!!
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-26T18:38:18.123. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.