270 W 600 S APT 1
RICHFIELD, UT 84701
$879,000
8 Beds
4 Baths
3,360 Sq Ft
Status Active
MLS# 2000081
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.
Details for 270 W 600 S APT 1
Built in 1978
$262 / Sq Ft
10 parking spaces
Electric, Heat Pump
No Info
0.28 acres lot