535 N 700 E #1-4 Active Save Request In-Person Tour Request Virtual Tour
Spanish Fork,UT 84660
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,874 sqft
Price per Sqft $238
MLS Listing ID 2020748
Style Stories: 2
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1981
Annual Tax Amount $3,975
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 0.0x0.0x0.0
Property Description
Multi-family investment opportunity! Come discover this awesome 4-plex in a prime location in the heart of Spanish Fork! It's located conveniently close to the major shopping centers, the new IHC hospital, and both major highways I-15 and Highway 6. This property has been well maintained and managed by the same property manager since it was built! Most tenants have stayed for multiple years keeping very low vacancy rates. Property Details: 4 units, each unit has 2 bedrooms and 1 bath and is approximately 900 sq ft. Washer/dryer hookups located in the second bedroom. There is an additional sink/vanity outside of the bathroom. Each unit includes an additional storage closet on the West side of the building. There is a grass section on the East side of the building and a large parking lot on the West side. All units have similar floor plans with different flooring. Rental/Income Details: Due to long-term tenancy the rents are currently well below market value. Most of the leases are currently on month-to-month. There are separate meters for gas and electricity. The owner pays for landscaping, snow removal, water, sewer, and irrigation. There are plenty of opportunities to increase the profitability of this investment! Contact the listing agent to schedule your showing. Unit 4 is available for showings, bottom right. Please do not disturb the other tenants! All units will be available to see with a reasonable offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.
Location
State UT
County Utah
Area Sp Fork; Mapleton; Benjamin
Zoning Multi-Family
Interior
Interior Features Range/Oven: Free Stdng.
Flooring Carpet,Laminate,Linoleum
Inclusions Range, Refrigerator
Fireplace No
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Waterfront No
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Sidewalks, Sprinkler: Auto-Full
Private Pool false
Building
Lot Description Sidewalks,Sprinkler: Auto-Full
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Park
Middle Schools Spanish Fork Jr
High Schools Spanish Fork
School District Nebo
Others
Senior Community No
Tax ID 07-103-0008
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional