2467 S 500 E South Salt Lake, UT 84106

Opportunities like this don't come along often, and when they do, it's certainly not for long. Sitting on a rare .3-acre corner lot on the border of South Salt Lake and Sugarhouse, this Victorian property has a wealth of potential, whether you're looking to invest a little elbow grease or a whole lot more. The existing home was built in 1920, and it's got the kind of bones that are historic and charming: exposed brick, ornate crown moldings, and transom details above the doorways are begging to be highlighted. The 12-foot ceilings and six-foot windows flood the space with light and create an open floorplan that still manages to feel welcoming and cozy. There's certainly work to be done here, but the character is undeniable, and the upper balcony serves up uninterrupted views of both Mt. Olympus and the Oquirrhs. For those uninterested in remodels or updates, however, this is still a rare opportunity-the lot is subdividable, with .15 acres available for separate purchase or the option to acquire the full parcel, house, mother-in-law apartment, and all. Depending on zoning approval, development potential extends up to 18 units, making this an incredible opportunity for investors and developers who understand the value of an address like this one. Whether you keep it, develop it, or both, you'll find yourself in a prime location with a LOT of promise. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.