$ 870,000
-
$870,000
Price -
11
Bed -
5
Bath -
4,750
SqFt
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About the Listing 69696 - 48252,50020
MUST-SEE investment opportunity in the heart of Springville! Where else can you find two duplexes, a private cottage, a four-bay garage, and a workshop with full attic storage all on one property? Located just minutes from the freeway and nearly adjacent to an elementary school, this unique multi-unit property offers strong rental appeal. Duplex #1 at 615 S includes Unit A with an upstairs and partial basement totaling 4 bedrooms and 1 bathroom, along with Unit B, a 1-bedroom, 1-bathroom basement unit. Duplex #2 at 625 S includes Unit A with 3 bedrooms and 1 bathroom upstairs along with Unit B, a 1-bedroom, 1-bathroom basement unit. The property also includes a separate cottage at 623 S offering 1 bedroom and 1 bathroom. Additional features include a four-bay garage and a storage shed/barn with attic storage. No seller financing will be considered. This is a rare opportunity to own a versatile, income-producing property in a prime location. Recent updates have been completed throughout multiple units, including at 625 S where improvements feature a new roof, updated wiring, some new plumbing, a stacked washer and dryer, fresh paint throughout, new laminate flooring, a new range, and added window coverings. The 625 basement unit also includes updated wiring and new light fixtures. The cottage at 623 S has been significantly updated with all new wiring, a new AC unit, fresh paint, LVP flooring, a tankless water heater, and a new sewer line. At 615 S, the basement unit includes a new kitchen counter and sink. The property also features a new driveway. The current rent is $6,000/month which is $72,000/year, there is potential for more. Landlord pays water and sewer, averaging about $290 per month, while tenants are responsible for electricity and gas.
Listing Highlights
Status
Active
Days on Site
69
Property Type
Multi-Family
MLS ®
2145361
Year Built
1938
Total Square Footage
4,750
Lot/Acreage
0.33
County
Utah
School District
Nebo
Elementary School
Cherry Creek
Middle School
Springville Jr
High School
Springville
Interior Details
- Bedrooms: 11
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Forced Air,Gas: Central
- Fireplaces:
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Range: Gas,Range/Oven: Free Stdng.
- Water: Culinary
Exterior Details
- Lot Description: Curb & Gutter,Secluded,Sidewalks
- Garage Capacity: 5 car
- Parking Spaces: 10
- Lot Dimensions: 0.0x0.0x0.0
- Zoning: Multi-Family
- Roof: Asphalt
- Others: Double Pane Windows,Out Buildings,Blt./Standing
- Sewer: Sewer: Connected,Sewer: Public
- Parking Features: Parking: Uncovered
Financial Details
- Tax Amount: $2,592
- Taxes w/Assessments: N/A
- Tax/Property ID: 26-033-0087
- Tax Year: N/A
Payment Calculator
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Questions About..
625 S 200 E Springville, UT 84663
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