625 S 200 E, Springville, UT 84663
625 S 200 E, Springville, UT 84663
625 S 200 E, Springville, UT 84663
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$930,000
Est. payment /mo
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11 Beds
5 Baths
4,750 SqFt
Active

625 S 200 E Springville, UT 84663

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Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,750 sqft

Price per Sqft $195

MLS Listing ID 2145361

Bedrooms 11

Construction Status Blt./Standing

HOA Y/N No

Year Built 1938

Annual Tax Amount $2,592

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

MUST-SEE investment opportunity in the heart of Springville! Where else can you find two duplexes, a private cottage, a four-bay garage, and a workshop with full attic storage all on one property? Located just minutes from the freeway and nearly adjacent to an elementary school, this unique multi-unit property offers strong rental appeal. Duplex #1 at 615 S includes Unit A with an upstairs and partial basement totaling 4 bedrooms and 1 bathroom, along with Unit B, a 1-bedroom, 1-bathroom basement unit. Duplex #2 at 625 S includes Unit A with 3 bedrooms and 1 bathroom upstairs along with Unit B, a 1-bedroom, 1-bathroom basement unit. The property also includes a separate cottage at 623 S offering 1 bedroom and 1 bathroom. Additional features include a four-bay garage and a dedicated workshop with attic storage, providing excellent functionality and value. No seller financing will be considered, and the property is not eligible for traditional residential financing. This is a rare opportunity to own a versatile, income-producing property in a prime location. Recent updates have been completed throughout multiple units, including at 625 S where improvements feature a new roof, updated wiring, some new plumbing, a stacked washer and dryer, fresh paint throughout, new laminate flooring, a new range, and added window coverings. The 625 basement unit also includes updated wiring and new light fixtures. The cottage at 623 S has been significantly updated with all new wiring, a new AC unit, fresh paint, LVP flooring, a tankless water heater, and a new sewer line. At 615 S, the basement unit includes a new kitchen counter and sink. The property also features a new driveway, adding to the overall functionality and value. The current rent is $6,000/month which is $72,000/year, there is potential for more. Landlord pays water and sewer, averaging about $290 per month, while tenants are responsible for electricity and gas.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Zoning Multi-Family

Interior

Interior Features Range: Gas, Range/Oven: Free Stdng.

Heating Forced Air, Gas: Central

Flooring Carpet, Laminate, Tile

Inclusions Range, Refrigerator

Fireplace No

Window Features Blinds,Drapes

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows, Out Buildings

Garage Spaces 5.0

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

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Secluded Yard, Sidewalks, Terrain, Flat

Total Parking Spaces 10

Private Pool No

Building

Lot Description Curb & Gutter, Secluded, Sidewalks

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Cherry Creek

Middle Schools Springville Jr

High Schools Springville

School District Nebo

Others

Senior Community No

Tax ID 26-033-0087

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by UtahRealEstate.Net

NEARBY SCHOOL & BUSINESS

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Ambry & Jesse Fisco

Ambry & Jesse Fisco

Agent | License ID: 10726232-SA00

+1(801) 362-5983

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625 S 200 E