$930,000
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625 200 Springville, UT 84663
Other
Residence
Beds
Baths
...
Bed/Bath
4,750
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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-un...it 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 dedicated workshop with attic storage, providing excellent functionality and value. No seller financing will be considered, and the property is not eligible for traditional residential financing. 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, adding to the overall functionality and value. 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.
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MLS#
2145361
Property Type
Other
Square Feet
4,750
sq. ft
Lot Size
0.33
Sewer
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