Amazing opportunity in a fantastic and highly sought-after east bench neighborhood, right on the edge of Holladay. Millcreek is expected to allow what they call "ADUs" (Additional dwelling units) in February of 2021 which will allow large lots (>8,000 Sq. Ft.) to build secondary structures for additional rental income. The city told the seller that they would support a rezone and subdivision of the lot into two R-1-6 residential lots, each of which could have an ADU, so this is a terrific development property. The house has awesome curb appeal and has had a ton of work done already (The google photos are outdated, and indicate a ton of work already completed), including: New windows, new electrical service (with four 100-amp subpanels), new luxury vinyl fence, new furnace, new A/C, two new 50 gallon water heaters (which never run out of hot water), high end modern steel landscaping with custom backlit mailbox (owner is an artist-welder), and new front sprinklers and sod in the front yard. The property is also a gardener's delight and features a large garden and orchard with 16 producing fruit trees and multiple shares of the East Millcreek Water Company for irrigation which are included in the sale. The backyard already has a secondary driveway on 2300 East, which is well suited for the frontage of a new lot, or an RV Pad, including a 100 Amp subpanel. There is separate walkout basement entrance, and the garage was professionally wired as a weld shop. The kitchen and interior are largely original and do need to be renovated. The current house could easily be renovated into a four bedroom, two bath house and the seller was just beginning to start those renovations but decided to market this property, as-is, instead, for the land value because of personal commitments they no longer have the time. Buyers have many options, they could finish renovating the current house and also add an ADU, they could subdivide and build all new, or they could do a combination of both. There are endless possibilities here and it would be hard to over improve the existing house given the location and current market conditions. A list of all the seller's improvements is available upon request.
Listing courtesy of Realtypath South Valley.