2555 East Elm Avenue

Salt Lake City UT 84109

2726 sq. ft.

7405.2 sq. ft.

Duplex

Currently for sale - view listing

Overview

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

Features

5 bedrooms

3 bathrooms

7 carspaces

5 open car spaces

2 garage spaces

2726 sq. ft. floor area

7405.2 sq. ft. lot size

Duplex

Property history for 2555 East Elm Avenue

2007

Sold

Undisclosed

17 May 2007 by Jennifer Aldrich, of Coldwell Banker Realty-Salt Lake

2001

Sold

Undisclosed

21 Jun 2001 by Ken Sperling, of Sperling REALTORS Inc

Happy sellers in Salt Lake City

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