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344 E Utopia Ave

South Salt Lake, UT 84115
  • $799,999
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 2001276
Price Reduced
UPDATED: 26 min ago
$799,999
  • 6
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,096
    SQFT
  • $258
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Welcome to 344-346 Utopia in South Salt Lake City, a fantastic income-producing duplex opportunity near the vibrant Sugarhouse area! The potential for this property is vast, with four great options: live in one unit and rent the other; rent both units as-is; update 344 and finish the basement to rent both units; or update 344, finish the basement, and live in one unit while renting out the other. Side one (Unit 344) is a 3br/1ba and has been home to the same tenant for around 12 years, boasting a series of recent updates that have maintained its excellent condition. Unit 344 received a new refrigerator and dishwasher less than three years ago, adding to its modern appeal. Additionally, there is potential to finish the basement in Unit 344, offering the opportunity to add another bedroom, bathroom, or living area, thereby increasing its income potential. Unit two (Unit 346) underwent an extensive renovation over the last few years, including new electrical, kitchen, furnace, flooring, and the addition of a bathroom and a large family room in the basement. Unit 346 is a 3br/2ba that is currently vacant and available for showings. It features a new water heater and furnace, both installed one year ago, and the secondary drain line was hydrojetted in the fall of 2023. The updated flooring in the main living area adds to its modern appeal. When the current owners purchased the property four years ago, they replaced the polybutylene plumbing with PEX. The property includes a three-car carport in the back and space for 1-2 cars in the front driveway. There is also a locking storage shed divided for the two units. Beautiful flowers and herbs, tended by previous tenants, add to the charm along the side of the house. Situated in a prime location, this duplex offers easy access to major transportation routes, including I-80 and I-15 as well as the TRAX light rail system, ensuring a smooth commute to downtown Salt Lake City and beyond. Enjoy nearby parks like Fitts Park and Harmony Park for outdoor activities. The neighborhood features a variety of shopping and dining options and is close to educational institutions such as SLCC South City Campus, Westminster University, and Granite Technical Institute. Culinary enthusiasts will appreciate the nearby Park City Culinary Institute, Rise Culinary Institute, and Salt Lake Culinary Institute. Don't miss out on this excellent investment opportunity with significant return potential! The current rent is below market value, making it even more attractive.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-06-24T11:42:46.833. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.thefieldsteam.com/homes/150977932
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344 E Utopia Ave South Salt Lake, UT 84115

  • Price: $799,999
  • Status: Active
  • On Site: 26 Days
  • Updated: 26 min ago
  • ID#: 2001276
6
Beds
3
Baths
0
½ Baths
0.13
Acres
3,096
SQFT
$258
$/SQFT
1952
Built
Neighborhood:
Utopia Avenue Sub
County:
Salt Lake
Area:
Salt Lake City; So. Salt Lake
Elementary School:
Woodrow Wilson
Middle School:
Granite Park
High School:
Cottonwood
School District:
Granite
Property Description
Welcome to 344-346 Utopia in South Salt Lake City, a fantastic income-producing duplex opportunity near the vibrant Sugarhouse area! The potential for this property is vast, with four great options: live in one unit and rent the other; rent both units as-is; update 344 and finish the basement to rent both units; or update 344, finish the basement, and live in one unit while renting out the other. Side one (Unit 344) is a 3br/1ba and has been home to the same tenant for around 12 years, boasting a series of recent updates that have maintained its excellent condition. Unit 344 received a new refrigerator and dishwasher less than three years ago, adding to its modern appeal. Additionally, there is potential to finish the basement in Unit 344, offering the opportunity to add another bedroom, bathroom, or living area, thereby increasing its income potential. Unit two (Unit 346) underwent an extensive renovation over the last few years, including new electrical, kitchen, furnace, flooring, and the addition of a bathroom and a large family room in the basement. Unit 346 is a 3br/2ba that is currently vacant and available for showings. It features a new water heater and furnace, both installed one year ago, and the secondary drain line was hydrojetted in the fall of 2023. The updated flooring in the main living area adds to its modern appeal. When the current owners purchased the property four years ago, they replaced the polybutylene plumbing with PEX. The property includes a three-car carport in the back and space for 1-2 cars in the front driveway. There is also a locking storage shed divided for the two units. Beautiful flowers and herbs, tended by previous tenants, add to the charm along the side of the house. Situated in a prime location, this duplex offers easy access to major transportation routes, including I-80 and I-15 as well as the TRAX light rail system, ensuring a smooth commute to downtown Salt Lake City and beyond. Enjoy nearby parks like Fitts Park and Harmony Park for outdoor activities. The neighborhood features a variety of shopping and dining options and is close to educational institutions such as SLCC South City Campus, Westminster University, and Granite Technical Institute. Culinary enthusiasts will appreciate the nearby Park City Culinary Institute, Rise Culinary Institute, and Salt Lake Culinary Institute. Don't miss out on this excellent investment opportunity with significant return potential! The current rent is below market value, making it even more attractive.
Exterior Features

Architectural Style Front And Rear Attached Garage YN No Carport Spaces 3 Carport YN Yes Construction Status Blt./Standing Covered Spaces 3 Exterior Features LightingPatio: Open Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Curb & GutterFenced: PartRoad: PavedSidewalksSprinkler: Auto-FullView: Mountain Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 4 Open Parking YN Yes Other Equipment Storage Shed(s) Parking Features CoveredParking: Uncovered Parking Total 7 Patio And Porch Features Patio: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Curb & GutterFenced: PartRoad: PavedSidewalksSprinkler: Auto-FullTerrainFlatView: Mountain Vegetation Landscaping: PartMature TreesVegetable Garden View Mountain(s) View YN Yes Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 3 Building Area Total 3096 Cooling YN No Fireplace YN No Flooring CarpetHardwoodTile Heating Forced AirGas: Central Heating YN True Interior Features Kitchen: UpdatedOven: GasRange/Oven: Free Stdng. Rooms Total 0 Window Features Blinds

Property Features

Association YN No Cross Street 2185 Current Use Residential Exclusions Ceiling FanDryerMicrowaveRangeRefrigeratorStorage Shed(s)WasherWindow Coverings Inclusions RangeRefrigeratorStorage Shed(s) Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Duplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 3658 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source Culinary Zoning Multi-Family

Listing provided courtesy of Real Broker, LLC: 312-882-8180. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2024 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-06-24T11:42:46.833. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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