395 W 400 N, Payson, UT 84651

Property Description

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.