$899,000
Beds:
8
Sqft:
3,330
Sqft lot:
10,454
Acre lot:
0.24
48 Days On Market -
Courtesy of James Rex, EXP REALTY LLC (RRET) 801-762-7408
Status:
Active
Property Type:
Quadruplex
Year Built:
1976
Neighborhood:
Art City Village Pud
Days On Website:
48
Description
Nestled in the picturesque town of Springville this exceptional residential fourplex presents a golden investment opportunity for savvy buyers. Located in a serene neighborhood, this property offers a rare combination of comfort, convenience, and potential returns. Comprising four individual units, each featuring 2 bedrooms and 1 bathroom, this fourplex caters to the growing demand for affordable yet desirable rental housing. Upon entering any of the units, investors will find well- designed and functional spaces that maximize comfort and utility. The layout caters to a broad tenant demographic. The spacious bedrooms provide ample room for relaxation, while the shared bathroom is tastefully appointed, ensuring both practicality and style. The exterior is well-maintained, boasting a timeless appeal that adds to the property's overall value. For the investment-minded buyer, this fourplex holds promising financial prospects. With four separate units, there's the potential for multiple income streams, diversifying risk and increasing the overall return on investment. The current rental market trends in the area suggest strong demand for 2-bedroom units, making this fourplex a sound investment choice. Unit 1 (photographed) has been remodeled. Units 2, 3, and 4 have not been remodeled.
Features
Building
- Architectural Style: Up And Down
- Building Area Total: 3330
- Construction Materials: Brick
- Living Area: 3330
- Living Area Units: Square Feet
- Year Built: 1976
Bathrooms
- Bathrooms Total Integer: 4
Bedrooms
- Bedrooms Total: 8
Location
- City: Springville
- Country: US
- County Or Parish: Utah
- MLS Area Major: Provo; Mamth; Springville
- Postal City: Springville
- Postal Code: 84663
- State Or Province: UT
- Street Dir Prefix: E
- Street Dir Suffix: S
- Street Name: 535
- Street Number: 465
- Street Number Numeric: 465
- Subdivision Name: ART CITY VILLAGE PUD
- Unit Number: 1-4
- Unparsed Address: 465 E 535 S #1-4
Property
- Current Use: Residential
- Direction Faces: South
- Parcel Number: 34-255-0006
- Property Condition: Blt./Standing
- Property Sub Type: Quadruplex
- Property Type: Residential
- Vegetation: Landscaping: Full
- View: Mountain(s)
- View YN: t
Schools
- Elementary School: Brookside
- Elementary School District: Nebo
- High School: Springville
- High School District: Nebo
- Middle Or Junior School: Springville Jr
- Middle Or Junior School District: Nebo
Floors
- Flooring: Laminate
Heating
- Heating: Forced Air,Gas: Central
- Heating YN: t
Interior Features
- Interior Features: Disposal,Range/Oven: Free Stdng.
Laundry
- Laundry Features: Electric Dryer Hookup
Listing
- Listing Id: 2028776
- Listing Terms: Cash,Conventional
- List Price: 899000
- Mls Status: Active
- Number Of Units Total: 4
- Standard Status: Active
Lot
- Lot Features: Curb & Gutter,Road: Paved,Sidewalks,View: Mountain
- Lot Size Acres: 0.24
- Lot Size Area: 0.24
- Lot Size Dimensions: 0.0x0.0x0.0
- Lot Size Square Feet: 10454
- Lot Size Units: Acres
- Topography: Curb & Gutter, Road: Paved, Sidewalks, View: Mountain
Garage
- Open Parking Spaces: 8
- Open Parking YN: t
Parking
- Parking Features: Parking: Uncovered
- Parking Total: 8
Taxes
- Tax Annual Amount: 3910
Utilities
- Utilities: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Water Features
- Water Source: Culinary
Windows
- Window Features: Blinds,Full
Property Map
Map View
$899,000 - 465 E 535 S Unit 1-4, Springville, UT 84663
Street View
Directions
465 E 535 S Unit 1-4
Springville, UT 84663
City: Springville