Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1895
Sq.Footage
2,738
INVESTOR SPECIAL APPROVED FOR 4 TOWNHOMES! Exceptional Salt Lake City investment opportunity with 4 townhomes in talks to be approved, with potential to increase to 6 units with additional Salt Lake City approval. The property is currently rented, providing immediate income while offering significant future redevelopment upside. The existing property features multiple bedrooms, a private studio with its own kitchen, shared laundry, updated flooring and paint, newer roof (2019), and an attached one-car garage. A recent full appraisal valued the property at $770,000. Whether you hold for rental income or take advantage of the approved townhome development opportunity, this property offers excellent flexibility and upside in a high-demand Salt Lake City location near downtown, shopping, dining, transit, and major freeway access. Approved for 4 townhomes | Potential for 6 | Currently Rented | $770K Appraisal | Strong Development Potential Seller financing and/or interest-rate buy-down contribution may be available with an acceptable offer.
Features & Amenities
Interior
-
Other Interior Features
In-Law Floorplan
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Other Exterior Features
Awning(s), Lighting
-
Parking
Covered, Attached, Garage
-
Patio and Porch Features
Deck, Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.29
-
Lot Size(square feet)
12,632
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Side By Side
Price
-
Sales Price
$670,000
-
Tax Amount
$3,400
-
Zoning
1107
-
Sq. Footage
2,738
-
Price/SqFt
$244
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Salt Lake
-
Middle School
Hillside
-
High School
Highland
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Salt Lake
Elementary School
Salt Lake
Middle School
Hillside
High School
Highland
Listing Courtesy of Justin Moody, Utah's Wise Choice Real Estate
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Principal Broker
Micah Pearson
Call Micah today to schedule a private showing.
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