12666 S GILBERT CIR

About this home

This home for sale at 12666 S GILBERT CIR Riverton, UT 84065 has been listed at $499,900 and has been on the market for 7 days.

Full description

RARE RIVERTON FIXER WITH BASEMENT ADU POTENTIAL + RENOVATION FINANCING AVAILABLE! This 2,688 SF rambler features 1,344 SF on the main level plus a full 1,344 SF basement, creating an incredible opportunity to renovate, build equity, and potentially create a spacious basement ADU or mother-in-law apartment. The basement is currently approximately 50% finished, giving the next owner a head start toward additional bedrooms, living space, kitchen, laundry, and a separate living arrangement, subject to Riverton City approval and applicable permits. DON'T HAVE THE CASH TO COMPLETE THE RENOVATION? Ask about FHA 203(k) renovation financing. Seller has connected with an experienced renovation lender who can help qualified buyers explore an FHA 203(k) loan, which may allow eligible renovation costs to be financed directly into the mortgage. Even better, with an acceptable offer, Seller is willing to contribute up to $10,000 toward buyer's allowable closing costs, subject to lender and program guidelines. That can mean less cash needed at closing while the renovation financing helps transform the property into the finished home you envision. Buyer is not required to use Seller's preferred lender. Imagine renovating the main level and potentially converting the 1,344 SF basement into an income-producing ADU - live upstairs while rental income downstairs may help offset your monthly housing expense. Or create a private space for family, guests, or multi-generational living. Situated on approximately 0.27 acres on a quiet cul-de-sac in Oquirrh Estates, this is a true value-add property with substantial upside for an owner-occupant, investor, or buyer willing to put in the work. BONUS OPPORTUNITY: The adjoining vacant Lot 102 may also be purchased separately, providing additional possibilities for a builder, investor, or buyer wanting a larger overall property. Professionally prepared civil and subdivision plans are available. Bring your contractor and your vision - this is an opportunity to buy the house, finance eligible improvements, potentially create rental income, and build equity all in one project. Buyer to verify ADU eligibility, renovation financing, permits, zoning, rental use, and all intended uses with Riverton City and buyer's lender.

Property highlights

• Imagine renovating the main level and potentially converting the 1,344 SF basement into an income-producing ADU - live upstairs while rental income downstairs may help offset your monthly housing expense. .
• Bring your contractor and your vision - this is an opportunity to buy the house, finance eligible improvements, potentially create rental income, and build equity all in one project. .
• This 2,688 SF rambler features 1,344 SF on the main level plus a full 1,344 SF basement, creating an incredible opportunity to renovate, build equity, and potentially create a spacious basement ADU or mother-in-law apartment. .
• The basement is currently approximately 50% finished, giving the next owner a head start toward additional bedrooms, living space, kitchen, laundry, and a separate living arrangement, subject to Riverton City approval and applicable permits. .
• Or create a private space for family, guests, or multi-generational living. .
• BONUS OPPORTUNITY: The adjoining vacant Lot 102 may also be purchased separately, providing additional possibilities for a builder, investor, or buyer wanting a larger overall property. .

Property details

Property Type

Residential

Sub-type

Single Family Residence

Status

Active

Days on Market

7

Bedrooms

3

Bathrooms

2

Year Built

1978

Stories

2

Living Area

2,688 sq ft

Lot Size

0.27 acres

Price/sqft

$185.97

Garage Spaces

2.00

Parking Total

4.00

County

Salt Lake

City

Riverton

Subdivision

OQUIRRH ESTATES

Tax Annual

$2,778

Preferred Financing

Cash,Conventional,FHA,VA Loan

Parcel #

27-33-126-029

MLS Area

WJ; SJ; Rvrton; Herriman; Bingh

Listed By

Intermountain Properties

Building & construction

Roof

Asphalt

Construction

Aluminum

Garage & parking

Garage spaces

2.00

Parking total

4.00

Open parking

2.00

Covered spaces

2.00

RV parking

0.00

• Attached

Land description

• Cul-De-Sac

Utilities

• Natural Gas Connected
• Electricity Connected
• Sewer Connected
• Sewer: Public
• Water Connected

Additional features

Schools

Neighborhood

Located in OQUIRRH ESTATES, Riverton.

Walk · Transit · Bike

Walk 58 Somewhat Walkable Transit 20 Minimal Transit Bike 56 Bikeable

Some errands can be accomplished on foot. Minimal public transit available. It's convenient to bike for trips.

Price History

Location

Riverton, UT · approximate location