892 E 50 S, American Fork, UT 84003

Updated American Fork Home with Rental Income-Producing ADU $620,000 | 892 E 50 S, American Fork, UT Welcome to a beautifully updated American Fork rambler offering something that is increasingly hard to find: a move-in-ready home with a finished basement that is tenant occupied. The main level features 1,352 sq. ft. of living space with an inviting open kitchen and dining area, spacious family room, 3 bedrooms, 1 bathroom, and convenient main-floor laundry. The home has been thoughtfully updated with new kitchen cabinets, quartz countertops, stainless steel appliances, updated flooring, updated bathroom finishes, fresh paint, and more. Downstairs is where this property really stands out. The 1,352 sq. ft. finished basement includes a separate ADU with its own kitchen, 2 bedrooms, bathroom, laundry, and family room (theatre room), along with both interior locking access and a separate exterior/walk-up entrance. The downstairs is currently occupied by a tenant, giving the next owner the opportunity to step into an existing rental arrangement. Whether you’re a first-time buyer looking for a way to make homeownership more affordable, an owner-occupant wanting rental income, or simply someone who needs additional private living space, this setup offers tremendous flexibility. Outside, you’ll find a large 11,369 sq. ft. lot (.3+ acres), concrete improvements, landscaping, covered outdoor space, and a 2-car detached garage with additional driveway parking. Additional features include: * 1,352 sq. ft. main-level living area * 1,352 sq. ft. finished basement/ADU * 3 bedrooms on the main level * Additional bedrooms in the basement ADU * Separate basement kitchen * Separate basement laundry * Separate exterior access to ADU * Updated kitchens and bathrooms * Quartz countertops * Stainless steel appliances * LVP and carpet flooring * Double-pane windows * Central air conditioning * 2-car detached garage * Large 11,369 sq. ft. lot * Radon mitigation system * Convenient American Fork location The property is located within approximately 5 miles of shopping, schools, major business parks, parks and recreation, public transportation and major medical services.