Dig of the Day: Two-Story on 500 East for $65,900

I know what you’re thinking: “If this house really sells for $65,900 it will be a miracle.” Well, it may sell for a little over the asking price, but someone could get a classic turn-of-the-century home in lower Sugar House for a great deal. Because this home has been gutted in preparation for a complete remodel, it will not qualify for conventional financing. So, since this is a Fannie Mae Homepath property available only to owner occupant buyers with cash in hand, the possible buying pool is significantly smaller than that of a regular retail property. Offers will only be accepted until October 15th.

Sales Contact: Casey Froerer, Century 21 Gage Froerer & Associates (801) 621-0506

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