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Existing Home
956 EDISON ST , Salt Lake City, Salt Lake County, UT 84111

The Home

Status: Active / Style: Stories: 3 / New (1915)

$55 /SQF $550,000

EST. Mortgage

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This property is currently just a single family home, but could be developed into 6 or 7 townhomes! (See pictures for 2 available options) . The owner has met with the city to confirm the current structure will work, which it does! Current zoning on this property is CC (Corridor Commercial) which will allow for residential, mixed use, or full commercial building to be built. A feasibility study has been completed on the property and this lot will allow for 6 or 7 residential townhomes depending on size of the units. There is also the option to add a studio space to at least one end unit, or possible work from home office/commercial space (i.e. for hair or nail salon, massage area, etc.) Lots of options on this property with the current zoning. Inquire with agent for more information, questions, etc. Please do not disturb tenant. As a single family rental, this property is leased for $2,384 per month until 11/30/2024 but could be cancelled earlier if needed.
MLS#: 1973603
Price Decreased From $650,000 To $550,000

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  • 10050 Finished Sq. Ft.
  • 15 Beds
  • 14 Baths
  • $550,000
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* Estimated Mortgage based on an average mortgage rate of 7.45 30 Year Fixed. This rate is offered with 20% down and a credit score of 740+ Taxes and Insurance not included.
Property Listed By Real Broker, LLC
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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