7484 2300 Cottonwood Heights, UT 84121

This exceptional investment opportunity presents two luxurious, three-story duplexes nestled in Cottonwood Heights, Utah. Boasting a total of 14,656 square feet across two buildings, this Class A property features four units, each offering high-end finishes including knotty alder cabinets, granite countertops, imported tile, steam showers, jetted tubs, and two en-suite bathrooms. Each unit also includes an elevator, catering to ADA needs. The property sits on a 0.41-acre lot and provides eight parking spaces (two per unit). Currently operating at 75% occupancy, the property generates a Net Operating Income (NOI) of $175,200, resulting in a 5.48% cap rate. The asking price is $3,200,000, or $800,000 per unit. The property is zoned R2-8 and offers potential for vacation rental zoning (buyer to obtain necessary permits and approvals). Built in 2004, this property presents a compelling investment opportunity, with the potential for long-term rental income or subdivision and individual sale as townhomes. The owner's unit is currently rented for $3,800 per month and is available for owner-occupancy if desired. Similar townhomes in the area are selling for over $850,000. Stunning mountain and city views complete this remarkable offering. Do not disturb occupants. Seller financing is not available.