For Sale

Listed by Ryan Landis from Great Work Realty

Source: Wasatch Front Regional MLS #2141000

1238 West 700 South, Salt Lake City, UT, 84104

$525,000

4
2
4
1475 sq. ft.
6098.4 sq. ft.

Duplex

30+ days on the market

What's around 1238 West 700 South

About this property

Incredible investment opportunity in an unbeatable Salt Lake location, close to parks, shopping, and restaurants. Side by side, single-level duplex, each side with its own 2 full bedrooms and 1 full bathroom. The front unit was recently updated within the past year, including new light fixtures, carpets, and paint throughout. Major recent capital improvements include a new sewer lateral liner and windows. The property has been a phenomenal rental, with prospective tenants calling even when it's not listed. Each unit has a separate entrance, driveway, and individual in-unit washer and dryer hookups. The property was built as a legal duplex with two gas and two electric meters. Both units are currently leased, but the property is ideal for an owner-occupant to "house hack" in Salt Lake County with an FHA loan at only 3.5% down, or for an investor to 1031 exchange into an excellent income-producing property and receive market rents! Owner/Agent.

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