Property
Beds
3
Full Baths
1
1/2 Baths
None
3/4 Baths
1
Year Built
1978
Sq.Footage
2,688
RARE RIVERTON FIXER WITH BASEMENT ADU POTENTIAL + RENOVATION FINANCING AVAILABLE! This 2,688 SF rambler features 1,344 SF on the main level plus a full 1,344 SF basement, creating an incredible opportunity to renovate, build equity, and potentially create a spacious basement ADU or mother-in-law apartment. The basement is currently approximately 50% finished, giving the next owner a head start toward additional bedrooms, living space, kitchen, laundry, and a separate living arrangement, subject to Riverton City approval and applicable permits. DON'T HAVE THE CASH TO COMPLETE THE RENOVATION? Ask about FHA 203(k) renovation financing. Seller has connected with an experienced renovation lender who can help qualified buyers explore an FHA 203(k) loan, which may allow eligible renovation costs to be financed directly into the mortgage. Even better, with an acceptable offer, Seller is willing to contribute up to $10,000 toward buyer's allowable closing costs, subject to lender and program guidelines. That can mean less cash needed at closing while the renovation financing helps transform the property into the finished home you envision. Buyer is not required to use Seller's preferred lender. Imagine renovating the main level and potentially converting the 1,344 SF basement into an income-producing ADU - live upstairs while rental income downstairs may help offset your monthly housing expense. Or create a private space for family, guests, or multi-generational living. Situated on approximately 0.27 acres on a quiet cul-de-sac in Oquirrh Estates, this is a true value-add property with substantial upside for an owner-occupant, investor, or buyer willing to put in the work. BONUS OPPORTUNITY: The adjoining vacant Lot 102 may also be purchased separately, providing additional possibilities for a builder, investor, or buyer wanting a larger overall property. Professionally prepared civil and subdivision plans are available. Bring your contractor and your vision - this is an opportunity to buy the house, finance eligible improvements, potentially create rental income, and build equity all in one project. Buyer to verify ADU eligibility, renovation financing, permits, zoning, rental use, and all intended uses with Riverton City and buyer's lender.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
1
-
3/4 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Aluminum Siding
-
Parking
Attached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cul-De-Sac
-
Lot Size(acres)
0.27
-
Lot Size(square feet)
11,761
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Rambler/Ranch
Price
-
Sales Price
$499,900
-
Tax Amount
$2,778
-
Sq. Footage
2,688
-
Price/SqFt
$185
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Jordan
-
Middle School
None/Other
-
High School
None/Other
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Jordan
Middle School
None/Other
High School
None/Other
Listing Courtesy of Bryce Anderson, Intermountain Properties
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Principal Broker
Micah Pearson
Call Micah today to schedule a private showing.
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