270 W 600 S #1 Active Save Request In-Person Tour Request Virtual Tour
Richfield,UT 84701
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $261
MLS Listing ID 2000081
Style Stories: 2
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1978
Annual Tax Amount $1,446
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.0x0.0x0.0
Property 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.
Location
State UT
County Sevier
Area Central Sevier
Zoning Multi-Family
Interior
Interior Features Disposal,Kitchen: Updated,Range/Oven: Free Stdng.
Heating Electric,Heat Pump
Flooring Carpet,Vinyl
Inclusions Ceiling Fan, Range, Refrigerator
Fireplace No
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows,Patio: Open
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, View: Mountain
Handicap Access Accessible Doors,Single Level Living
Porch Patio: Open
Total Parking Spaces 10
Private Pool false
Building
Lot Description Curb & Gutter,View: Mountain
Faces South
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Ashman
Middle Schools Red Hills
High Schools Richfield
School District Sevier
Others
Senior Community No
Tax ID 1-51-95
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional