Active
465 E 535 S #1-4
Springville UT, 84663
$899,000
$269.97 per sqft
Active
8 Beds
4 Baths
3,330 sqft
Multi-family
Built in 1976
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.
2028776
MLSⓇ ID
October 10, 2024
Listed
October 11, 2024
Updated
Map
465 E 535 S #1-4
Springville UT, 84663
Interior Features
Total Stories
0
Bedrooms
8
Total Bathrooms
4
Interior Features
Disposal, Range/Oven: Free Stdng
Laundry Description
Electric Dryer Hookup
Floor Description
See Remarks, Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air, Gas: Central
Exterior/Building Features
Lot Size
0.24 Acres
Lot Features
Curb Gutter, Road: Paved, Sidewalks, View: Mountain
Architectual Style
Up And Down
Roof
Asphalt
Sewer
Sewer: Connected, Sewer: Public
School Information
School District
Nebo
High School
Springville
Elementary School
Brookside
Other Property Details
Area Name
Provo; Mamth; Springville
Taxes
$3,910
Tax Frequency
Annually
Garage
No
Parking
Parking: Uncovered
Parking Total
8
View
Yes
View Description
Mountain(s)
County
Utah
Water Source
Culinary
Pool
No
Courtesy of EXP REALTY LLC (RRET)
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9:12 PM UTC, 10/11/2024. 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 deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Morkel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Wasatch Front Regional MLS, Inc. All rights reserved.