Rare investment opportunity on .63 acres in the heart of American Fork! This centrally located property offers a unique combination of immediate rental income and long-term development potential. The existing single-family home features a new roof and provides an opportunity for the buyer to acquire the property with built-in equity. The expansive lot may offer the potential to construct a duplex on the rear portion of the property while retaining the existing home as a rental, subject to city zoning, subdivision, utility, access, and development approvals. The back of the property borders a cul-de-sac with existing duplexes, creating an attractive setting for a possible future development plan. Conveniently located near Art Dye Park, schools, shopping, restaurants, State Street, and I-15, this property is positioned for strong long-term rental demand and easy access throughout Utah County. Whether you are looking for a buy-and-hold rental, a value-add investment, or a future development opportunity, this property offers exceptional versatility and upside.