Homes for sale - 270 W 600 S #1, Richfield, UT 84701

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Kelli Stoneman

kelli@stonemangroup.com +1(801) 337-6295

$879,000

Est. payment - /mo

8 Beds

4 Baths

3,360 SqFt

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UPDATED:

09/16/2024 01:06 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $261

MLS Listing ID 2000081

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1978

Annual Tax Amount $1,446

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 0.0x0.0x0.0

Property Description

Welcome Investors! Discover the perfect addition to your portfolio in our charming rural college town! This updated 4-plex, conveniently located on the west side near Main Street and all schools is a golden opportunity you don't want to miss. Turnkey Investment: Impeccably maintained property ready for immediate income generation. Versatile Potential: Currently leased to individuals, with easy conversion to highly sought-after student housing. Recent Renovations: The lower two units underwent complete remodels, featuring new kitchens, flooring, paint, cabinets, bathrooms, and energy-efficient mini-split heat pumps. Stable Tenancy: The upper two units boast long-standing tenants of over five years each, ensuring stability and reliability. Enjoy hassle-free management with the landlord covering city water expenses ($220/month for all four units) and landscaping services. Units ensure a steady stream of income. Occupancy: Currently at 100%, except during the remodel period. Market Potential: Strong demand for quality rental properties in our thriving college town ensures high occupancy rates and potential for increased rental income. Secure Your Investment Today! Whether you're a seasoned investor or new to the game, this 4-plex promises solid returns and long-term growth. Act now to capitalize on this exceptional opportunity! Contact us to schedule a viewing and start your journey toward financial success in real estate.

Location

State UT

County Sevier

Area Central Sevier

Zoning Multi-Family

Interior

Interior Features Disposal, Kitchen: Updated, Range/Oven: Free Stdng.

Heating Electric, Heat Pump

Flooring Carpet, Vinyl

Inclusions Ceiling Fan, Range, Refrigerator

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows, Patio: Open

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

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, View: Mountain

Handicap Access Accessible Doors, Single Level Living

Porch Patio: Open

Total Parking Spaces 10

Private Pool false

Building

Lot Description Curb & Gutter, View: Mountain

Faces South

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Ashman

Middle Schools Red Hills

High Schools Richfield

School District Sevier

Others

Senior Community No

Tax ID 1-51-95

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Red Rock Real Estate (Central)

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Kelli Stoneman

+1(801) 337-6295

Broker Associate | License ID: 5656390-AB00

Broker Associate License ID: 5656390-AB00

270 W 600 S #1 Richfield, UT 84701

Kelli Stoneman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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