Utah Flip of the Month – April 2024

Purchased: November 2024 @ $450,000
Sold: April 2025 @ $850,000
Location: Salt Lake City, UT

Project Details:

Summary:

This Salt Lake City bungalow, financed by Indicate Capital, is a testament to successful renovation. Purchased for $450,000 in November 2024 and sold for $850,000 in April 2025, this project delivered exceptional returns. The property boasts a range of sought-after features, including a fully rentable basement apartment, two primary bedrooms, and a beautifully updated kitchen. The exterior offers a fenced yard with an automatic sprinkler system. Inside, you’ll find modern conveniences like double ovens and updated kitchens, alongside charming details like the built-in dining room. This renovation preserved the original Salt Lake charm while adding modern amenities, making it highly desirable. This project demonstrates the profitability of strategic renovations and highlights the potential returns.

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