Active
3738 S 700 E #A-B, Salt Lake City, UT 84106
$898,000
6 bed · 4 bath · 4,689 sqft
Nearly 4,700 sq ft Duplex - Existing Income - Exceptional Parking - Large duplex situated in one of South Salt Lake's most desirable growth corridors, 5 min from St. Marks Hospital. Whether you're seeking a long-term rental investment, owner-occupied property with future upside, or a potential redevelopment opportunity (subject to City approval), this property offers exceptional flexibility. Extensive off-street parking (including attached garages), and strategic location create opportunities that are increasingly difficult to find. Unit A (upstairs) has a rare vacancy making it easy to show. Unit B (downstairs) will be shown with an accepted offer. Unit B is currently leased for $2,295 per month + $75 flat rate utilities (water, sewer, garbage) through August 31st, 2026. Tenants set up and pay for electricity and gas in their own names. Tons of extra storage space in the deep, tandem 2-car garage accessed from the laundry room. Unit A was most recently rented for the same amount and is move-in ready with all new carpets, flooring, paint, window coverings, and dishwasher. Large driveway with plenty of additional off-street parking. Driveway repaved and new roof and rain gutters installed in 2021. Square footage and setback measurements taken from county assessor's website and provided as a courtesy. Buyer to verify all. ***Sale of this home is part of a 1031 Exchange.***
TOP 20% VALUE: priced better per square foot than 10 of the 10 most similar active listings nearby.
| Year built | 1948 |
|---|---|
| Lot size | 0.24 acres |
| Garage | 3 spaces |
| Stories | 0 |
| Type | Duplex |
| Annual taxes | $5,848 |
| County | Salt Lake County |
| MLS # | 2171239 |
| Days on market | 62 |
Photos (44)
Listing courtesy of Erez Meir, Prime Real Estate Experts.
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