625 S 200 E

About this home

This home for sale at 625 S 200 E Springville, UT 84663 has been listed at $870,000 and has been on the market for 60 days.

Full 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 storage shed/barn with attic storage. No seller financing will be considered. 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. 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.

Property highlights

• 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. .
• 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 storage shed/barn with attic storage. .
• 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. .

Property details

Property Type

Residential

Sub-type

> 4 Units

Status

Active

Days on Market

60

Bedrooms

11

Bathrooms

5

Year Built

1938

Stories

0

Living Area

4,750 sq ft

Lot Size

0.33 acres

Price/sqft

$183.16

Garage Spaces

5.00

Parking Total

10.00

County

Utah

City

Springville

Zoning

Multi-Family

Tax Annual

$2,592

Preferred Financing

Cash,Conventional

Parcel #

26-033-0087

MLS Area

Provo; Mamth; Springville

Listed By

UtahRealEstate.Net

Inclusions

• Range
• Refrigerator

Interior features

• Range: Gas
• Range/Oven: Free Stdng.

Exterior features

• Double Pane Windows
• Out Buildings

Building & construction

Roof

Asphalt

Construction

Brick

Flooring

Carpet,Laminate,Tile

Garage & parking

Garage spaces

5.00

Parking total

10.00

Open parking

5.00

Covered spaces

5.00

RV parking

0.00

• Parking: Uncovered

Land description

• Curb & Gutter
• Secluded
• Sidewalks

Utilities

• Natural Gas Connected
• Electricity Connected
• Sewer Connected
• Sewer: Public
• Water Connected

Additional features

Schools

Neighborhood

Walk · Transit · Bike

Walk 60 Somewhat Walkable Transit 30 Some Transit Bike 48 Somewhat Bikeable

Some errands can be accomplished on foot. Some transit available. It's convenient to use a bike for a few trips.

Price History

Location

Springville, UT · approximate location