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.
Listing courtesy of Utah's Wise Choice Real Estate.
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