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455 E 500 S, Pleasant Grove, UT 84062
$879,900
455 E 500 S, Pleasant Grove, UT 84062
Type
SFR
List Price
$879,900
Price/Sqft
$192
Est Gross Yield
3.8%
$33,372/yr est.
Property Details
Description
Three parcels are being sold together, offering incredible potential for future development. Pending city approval, the property may be eligible to be subdivided into smaller lots. The sale includes a home with an attached ADU, a large backyard shop, and two additional parcels (Parcel #03-013-0069 0.89 acres and Parcel #03-013-0043 0.17 acres). The property includes animal rights and offers plenty of space both inside and out. The main home offers 4 bedrooms and 3 bathrooms, including a spacious primary suite with custom tilework. Please note: Level 3 information refers to the apartment (ADU) and is not part of the main home. Home needs considerable TLC but could potentially be a great single family home with ADU and spacious horse property. Or developers might like building new homes in this desirable neighborhood. Due to dogs and difficult tenant work schedules we are requiring 72 hours notice to show.
Listed by Ashley Jensen · Lotus Real Estate
Location
455 E 500 S, Pleasant Grove, UT 84062
Proforma
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Cap Rate
2.52%
Cash-on-Cash
-5.74%
Cash Flow
-$1,580/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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