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625 S 200 E

Springville, UT 84663

Springville, UT 84663

625 S 200 E

$870,000

MLS#: 2145361

Status: Active

Listing provided by: UtahRealEstate.Net

Listing agent phone: None

Last update: a month ago

On site: 3 months ago

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About

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.

Property

Beds

11

Full Baths

None

1/2 Baths

None

Year Built

1938

Sq.Footage

4,750

Features

Features & Amenities

Interior

  • Total Bedrooms

    11

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    5

  • Construction Materials

    Brick

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Secluded

  • Lot Size(acres)

    0.33

  • Lot Size(square feet)

    14374.8

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $870,000

  • Tax Amount

    $2,592

  • Sq. Footage

    4, 750

  • Price/SqFt

    $183

HOA

  • Association

    No

School District

  • Elementary School

    Nebo

  • Middle School

    Springville Jr

  • High School

    Springville

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Utah

  • Elementary School

    Nebo

  • Middle School

    Springville Jr

  • High School

    Springville

Listing Courtesy of Drew Armstrong , UtahRealEstate.Net

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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625 S 200 E

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