Rare opportunity to acquire a high-performing Sugar House investment property with the owner currently in the process of obtaining city approval for a legal duplex with an ADU. Producing a true 6% cap rate based on accurate rent rolls and operating expenses, this well-maintained asset offers immediate cash flow in one of Salt Lake City's most desirable rental markets. The property features two spacious 2-bedroom/1-bath units plus a remodeled lower-level 1-bedroom unit, each with private outdoor space and a dedicated garage-a rare amenity that attracts quality tenants and supports strong occupancy. Major capital improvements include a new roof and new HVAC mini-split systems installed in 2024, along with updated kitchens, mature landscaping, and a secluded yard. Ideally located near the McClelland Trail and within walking distance of Westminster University, the property benefits from a deep and consistent tenant pool. DO NOT DISTURB TENANTS. Offers subject to inspection. Square footage provided as a courtesy estimate only. Buyer to verify all information