$879,000
Beds: 8
Sqft: 3,360
Sqft lot: 12,196
Acre lot: 0.28
191 Days On Market -

Courtesy of Anne Valae Fillmore, Red Rock Real Estate (Central)

Status: Active
Property Type: Quadruplex
Year Built: 1978
Days On Website: 191
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.

Features

Property Access

  • Accessibility Features: Accessible Doors,Single Level Living

Building

  • Architectural Style: Stories: 2
  • Building Area Total: 3360
  • Construction Materials: Brick
  • Living Area: 3360
  • Living Area Units: Square Feet
  • Year Built: 1978

Bathrooms

  • Bathrooms Total Integer: 4

Bedrooms

  • Bedrooms Total: 8

Location

  • City: Richfield
  • Country: US
  • County Or Parish: Sevier
  • Cross Street: 600
  • MLS Area Major: Central Sevier
  • Postal City: Richfield
  • Postal Code: 84701
  • State Or Province: UT
  • Street Dir Prefix: W
  • Street Dir Suffix: S
  • Street Name: 600
  • Street Number: 270
  • Street Number Numeric: 270
  • Unit Number: 1
  • Unparsed Address: 270 W 600 S #1

Property

  • Current Use: Residential
  • Direction Faces: South
  • Parcel Number: 1-51-95
  • Property Condition: Blt./Standing
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • View: Mountain(s)
  • View YN: t

Schools

  • Elementary School: Ashman
  • Elementary School District: Sevier
  • High School: Richfield
  • High School District: Sevier
  • Middle Or Junior School: Red Hills
  • Middle Or Junior School District: Sevier

Exterior Features

  • Exterior Features: Double Pane Windows,Patio: Open
  • Patio And Porch Features: Patio: Open

Floors

  • Flooring: Carpet,Vinyl

Heating

  • Heating: Electric,Heat Pump
  • Heating YN: t

Interior Features

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

Laundry

  • Laundry Features: Electric Dryer Hookup

Listing

  • Listing Id: 2000081
  • Listing Terms: Cash,Conventional
  • List Price: 879000
  • Mls Status: Active
  • Number Of Units Total: 4
  • Standard Status: Active

Lot

  • Lot Features: Curb & Gutter,View: Mountain
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: 0.0x0.0x0.0
  • Lot Size Square Feet: 12196
  • Lot Size Units: Acres
  • Topography: Curb & Gutter, View: Mountain

Garage

  • Open Parking Spaces: 10
  • Open Parking YN: t

Parking

  • Parking Features: Parking: Uncovered
  • Parking Total: 10

Taxes

  • Tax Annual Amount: 1446

Utilities

  • Utilities: Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Water Features

  • Water Source: Culinary

Windows

  • Window Features: Blinds

Property Map

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$879,000 - 270 W 600 S Unit 1, Richfield, UT 84701

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270 W 600 S Unit 1
Richfield, UT 84701
City: Richfield

Nearby Schools

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Danny Kettle