$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
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.
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
Map View
$879,000 - 270 W 600 S Unit 1, Richfield, UT 84701
Street View
Directions
270 W 600 S Unit 1
Richfield, UT 84701
City: Richfield