465 E 535 S #1-4, Springville, UT 84663 - MLS#2028776

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$899,000

Est. payment - /mo

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8 BD

4 BA

3,330 SqFt

Active

465 E 535 S #1-4 Springville, UT 84663

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Kirk Baines

kirk@liveworkplayutah.com +1(775) 901-1203

UPDATED:

11/21/2024 10:13 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,330 sqft

Price per Sqft $269

Subdivision Art City Village Pud

MLS Listing ID 2028776

Style Up And Down

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1976

Annual Tax Amount $3,910

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 0.0x0.0x0.0

Property Description

Nestled in the picturesque town of Springville this exceptional residential fourplex presents a golden investment opportunity for savvy buyers. Located in a serene neighborhood, this property offers a rare combination of comfort, convenience, and potential returns. Comprising four individual units, each featuring 2 bedrooms and 1 bathroom, this fourplex caters to the growing demand for affordable yet desirable rental housing. Upon entering any of the units, investors will find well- designed and functional spaces that maximize comfort and utility. The layout caters to a broad tenant demographic. The spacious bedrooms provide ample room for relaxation, while the shared bathroom is tastefully appointed, ensuring both practicality and style. The exterior is well-maintained, boasting a timeless appeal that adds to the property's overall value. For the investment-minded buyer, this fourplex holds promising financial prospects. With four separate units, there's the potential for multiple income streams, diversifying risk and increasing the overall return on investment. The current rental market trends in the area suggest strong demand for 2-bedroom units, making this fourplex a sound investment choice. Unit 1 (photographed) has been remodeled. Units 2, 3, and 4 have not been remodeled.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Interior

Interior Features Disposal, Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Flooring Laminate

Inclusions Range, Range Hood, Refrigerator

Fireplace No

Window Features Blinds,Full

Laundry Electric Dryer Hookup

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Waterfront No

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Road: Paved, Sidewalks, View: Mountain

Total Parking Spaces 8

Private Pool false

Building

Lot Description Curb & Gutter, Road: Paved, Sidewalks, View: Mountain

Faces South

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Brookside

Middle Schools Springville Jr

High Schools Springville

School District Nebo

Others

Senior Community No

Tax ID 34-255-0006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by EXP REALTY LLC (RRET)

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Kirk Baines

Agent | License ID: 10494964 (UT) S.0195869 (NV)

+1(775) 901-1203