931 E 55th St

Surrounded by new construction on a quiet street with fantastic neighbors in a hidden gem of a neighborhood that's 5 minutes to DT/UT/Capitol, this low-maintenance income producing property offers loads of development opportunity. Value is in the land, but excellent tenant in place until 5/31/23 at $1500/month while plans are drafted. Flat, unencumbered 60'x200' (12,057sf) lot. Maximum development potential is 4,823sf of floor area. Feasibility study, elevation/tree survey provided. No heritage trees to stand in your way of maximizing development. Zoned SF3-NP permitting main house with ADU or a duplex/condo regime. Within a 1/4 mile of a transit stop so no third onsite parking space required for ADU. Buyer advised to perform all due diligence. Also listed as LAND MLS #7899173. Owner/agent