332 E FENTON Ave S
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $759,000 |
| No. of Units: | 2 |
| Year Built: | 1988 |
| Lot Size: | 2,548.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $379,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 5 |
ID: 3yd-WFRMLSUT-2183415
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