Description
Turnkey side-by-side duplex located one hundred feet from the University of Utah campus, just below Pioneer Memorial Theatre, Rice Eccles Stadium and TRAX station. These very desirable floor plans include bright open spaces perfect for working from home. Also they offer plenty of privacy if its crunch time. These units also have high end finishes which include hardwood floors, granite waterfall countertops, stainless appliances, euro-glass showers, and recessed LED lighting throughout. Newer roof, updated electrical and plumbing, low maintenance landscaping, and plenty of off-street parking. The 4-bedroom unit boasts in-unit laundry with a new washer/dryer, plus there is a bonus 2nd laundry room with exterior access and 2 sets of coin-operated commercial washers/dryers used by tenants and neighboring tenants for extra income, currently bringing in $250 per month. With a coveted location and upscale features, tenants are easily placed at premium rental rates. Rents have not been raised in years and market rents are forecasted to be closer $2100 for the 2 bed unit and $3800 for the 4 bed unit. Pricing based on 5% Cap
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6BEDS
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0.06ACRES
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5BATHS
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01/2 BATHS
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3,516SQFT
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$340$/SQFT
School Information
Description
Turnkey side-by-side duplex located one hundred feet from the University of Utah campus, just below Pioneer Memorial Theatre, Rice Eccles Stadium and TRAX station. These very desirable floor plans include bright open spaces perfect for working from home. Also they offer plenty of privacy if its crunch time. These units also have high end finishes which include hardwood floors, granite waterfall countertops, stainless appliances, euro-glass showers, and recessed LED lighting throughout. Newer roof, updated electrical and plumbing, low maintenance landscaping, and plenty of off-street parking. The 4-bedroom unit boasts in-unit laundry with a new washer/dryer, plus there is a bonus 2nd laundry room with exterior access and 2 sets of coin-operated commercial washers/dryers used by tenants and neighboring tenants for extra income, currently bringing in $250 per month. With a coveted location and upscale features, tenants are easily placed at premium rental rates. Rents have not been raised in years and market rents are forecasted to be closer $2100 for the 2 bed unit and $3800 for the 4 bed unit. Pricing based on 5% Cap
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-05-27T17:38:29.053. 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.