395 W 400 N
Payson, UT 84651
About
Beautifully Maintained Duplex | Excellent Investment Opportunity | Both Units Rented This is a fantastic opportunity to own one of the nicest duplexes available! Each unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bathroom, providing spacious layouts and excellent rental appeal. Both units are currently rented at $1,400 per month each, for a total current rental income of $2,800/month. One unit has recently signed a 24-month lease, while the other is at the end of a 3-year lease with plans to renew. Current rents have not been adjusted for several years, providing potential for increased rental income over time. The upstairs unit has been beautifully updated with all-new flooring, fresh paint, modern black door hardware, and brand-new LED light fixtures featuring Halo night lights. The lower unit is also in excellent condition, with well-maintained flooring approximately 56 years old. This property has been exceptionally well cared for. The owner has several other similar rental units-some older and some newer-and considers this duplex by far the nicest of the group. Additional features include: Central air conditioning Forced-air heating Automatic sprinkler system Roof in great condition Mature, established trees Excellent overall condition and pride of ownership A truly turnkey investment with great tenants, strong rental history, beautiful updates, and significant potential for future rental growth. Whether you're an experienced investor or looking to add a quality income-producing property to your portfolio, this duplex is an exceptional opportunity. Do not disturb tenants. 24 hour notice required.
Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1996
Sq.Footage
2,232
Features
Features & Amenities
Interior
-
Other Interior Features
Bar, 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, Aluminum Siding
-
Parking
Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.17
-
Lot Size(square feet)
7,405
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Up And Down
Price
-
Sales Price
$584,900
-
Tax Amount
$2,513
-
Sq. Footage
2,232
-
Price/SqFt
$262
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Nebo
-
Middle School
Salem Jr
-
High School
Salem Hills
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule
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Location
-
County
Utah
-
Elementary School
Nebo
-
Middle School
Salem Jr
-
High School
Salem Hills
Listing Courtesy of Jan L Jensen, JJ Realty Group LLC
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