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… Read More 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. Read Less
Courtesy of Scott Jordan, Mountain Luxury Real Estate [email protected]
Listing Snapshot
Days Online
0
Last Updated
Property Type
Triplex
Beds
4
Square Ft.
2,944
Lot Size
0.15 Acres
Year Built
1916
MLS Number
2157325
Additional Details
Building
Architectural Style: Stories: 2, Building Area Total: 2944, Construction Materials: Brick, Stucco, Living Area: 2944, Living Area Units: Square Feet, Year Built: 1916
Property
Current Use: Residential, Direction Faces: West, Parcel Number: 09-31-481-001, Property Condition: Blt./Standing, Property Sub Type: Triplex, Property Type: Residential, Vegetation: Landscaping: Full, Pines
Exterior Features
Exterior Features: Patio: Covered, Patio And Porch Features: Covered