Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1916
Sq.Footage
2,944
High-Yield Avenues Triplex: A Masterclass in Operational Efficiency: In the 2026 market, sophisticated investors are trading volatility for functional efficiency. This 1916 Avenues triplex is a rare defensive asset, boasting a 100% occupancy rate and a lean expense profile that prioritizes your bottom line. The property includes three tastefully updated and fully leased units: two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The Hero Feature: Optimized Expense Ratio: Unlike older builds plagued by high overhead, this asset is a model of climate resilience and fiscal control. Operating expenses are kept remarkably low covering essential taxes and insurance-while tenants handle individual utilities via separate gas and power meters. This "loss aversion" setup protects you from the rising utility costs that are eroding margins elsewhere. Strategic Upside & Artisan Appeal: Immediate Cash Flow: Delivering a Gross Operating Income over $51,000 annually. The "Enclave" Edge: The upper-level unit's dedicated "at-home escape" study ensures high-demand professional interest in a neighborhood with tightening supply. Future-Proof Terms: All units are on month-to-month leases, providing the ultimate flexibility to capture 2026's trending rent growth. Asset Resilience: Situated on a prime corner lot with a 0.15-acre footprint, this property includes essential 2026 amenities: a long driveway, dedicated storage for every unit, and a "wellness-focused" location near the serene trails of City Creek Canyon. Own a piece of the Avenues that isn't just a building, but a high-performance financial engine. A turnkey investment with proven performance and room to grow.
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stucco
-
Patio and Porch Features
Covered
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.15
-
Lot Size(square feet)
6534.0
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Stories: 2
Price
-
Sales Price
$995,000
-
Tax Amount
$3,489
-
Zoning
RMF-35
-
Sq. Footage
2, 944
-
Price/SqFt
$337
HOA
-
Association
No
School District
-
Elementary School
Salt Lake
-
Middle School
Bryant
-
High School
West
Property Features
-
New Construction
NO
-
Senior Community YN
NO
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Bryant
High School
West
Listing Courtesy of Scott Jordan , Mountain Luxury Real Estate
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Principal Broker
Micah Pearson
Call Micah today to schedule a private showing.
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