270 W 600 S # 1 Richfield, UT 84701
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountySevier
- Taxes$1,446
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number2000081
- Home Size Source N/A
- Year Built1978
- Lot Size0.28 Acres
- Full Baths4
- Partial BathsN/A
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