426 N QUINCE ST Salt Lake City, UT 84103

Modernized duplex nestled in the highly sought-after historic Marmalade District! BRAND NEW ROOF, BRAND NEW HVAC. Discover endless opportunities as this duplex offers multiple channels of revenue. This duplex has a proven track record of Airbnb/Peerspace bookings AND monthly rentals. Last year, hourly art studio rentals for unit one alone brought in $30k revenue since May of 2022. Seller revenue targets for the entire duplex were ~$4903-$6047/month listing both units as Airbnb/Peerspace offerings. Target profit margins were between 14%-23% including cleaning expenses and outsourced property management. Monthly rental is currently $1400-$1600/mo per unit in the Marmalade area. Close to University of Utah, The State Capital, downtown, and public transportation. Both units have independent 2+GBPS Google fiber accounts. This historic duplex is modernized with: Wifi-enabled switches and fixtures, Nest thermostats and Nest protect (wifi-enabled smoke/CO2 detectors), robust air filtration (Aprilaire and UVC), reverse osmosis water filters and much more. Landscaping will take care of itself with its wifi sprinkler system. Buyer to verify all information. Zoned as SR-1A, Special Development Pattern Residential. Reference this website for more information as to how current owners have used the space for their business: https://www.burnswood.studio/.