Sold

625 S 200 E, Springville, UT 84663

Beds
11
Baths
5
Sqft
4,750
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byUtahRealEstate.Net
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
11
Number of bathrooms
5
Square feet
4,750
Lot size (acres)
0.33
Year built
1938

Interior features

Laundry
Electric Dryer Hookup

Garage and parking

Garage parking spaces
5

Utilities

Heating
Forced Air, Central, Natural Gas
Cooling
None
Sewer
Public Sewer

Taxes

Tax Annual Amount
$2,592

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Utah Real Estate (Wasatch Front) MLS®#: 2145361 Last checked:

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.