445 E 535 S, Springville

$825,000

8 Beds
4 Baths
3,330 Sqft
.24 Acre
0 Garage

MULTIPLE APPRAISALS OF $870,000 FOR THE SAME FOURPLEXES NEIGHBORING THIS PROPERTY 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.

Essential Information
MLS® #1970460
Price$825,000
Bedrooms8
Bathrooms4.00
Square Footage3,330
Acres0.24
Year Built1976
TypeResidential
Sub-TypeQuadruplex
StyleStories: 2
StatusUnder Contract
Community Information
Address445 E 535 S
AreaProvo; Mamth; Springville
SubdivisionART CITY VILLAGE PUD
CitySpringville
CountyUtah
StateUT
Zip Code84663
Amenities
ViewMountain(s)
Utilities

Natural Gas Connected,Electricity Connected

Interior
InteriorCarpet,Laminate,Linoleum
HeatingForced Air,Gas: Central
Interior Features

Disposal,Range/Oven: Free Stdng.

Exterior
WindowsBlinds,Full
RoofAsphalt
ConstructionBrick
Lot Description

Curb & Gutter,Road: Paved,Sidewalks,View: Mountain

School Information
DistrictNebo
ElementaryBrookside
MiddleSpringville Jr
HighSpringville
Additional Information
Date ListedDecember 7th, 2023
Days on Market29
ZoningMulti-Family
Listing Details
AgentJames Rex
OfficeEXP REALTY LLC (RRET)
Contact Details801-762-7408
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