31
See all 31 photos
$2,100,000
Est. payment /mo
12 Beds
12 Baths
8,957 SqFt
Active
251 E 300 S Springville, UT 84663
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,957 sqft
Price per Sqft $234
MLS Listing ID 2151603
Style Stories: 3
Bedrooms 12
Construction Status Blt./Standing
HOA Y/N No
Year Built 1914
Annual Tax Amount $7,931
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
This is an excellent investment opportunity providing significant immediate cashflow. This 12-unit historic apartment building features eleven 1-bedroom units and one studio apartment, as well as 12 large onsite storage units, producing current monthly income of $12,650. Located in the heart of Springville, this property has consistent occupancy history and high rental demand when units become available. This is an opportunity to acquire a stabilized building in a core location with reliable day-one income and straightforward management. Seller is willing to finance 75% of the purchase price at 3.99% for 3 years.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Interior
Fireplace No
Exterior
View Y/N No
Present Use Residential
Private Pool No
Building
Architectural Style Stories: 3
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Senior Community No
Tax ID 06-015-0003
Listed by Equity Real Estate (Results)
NEARBY SCHOOL & BUSINESS
Mortgage Calculator
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
GET MORE INFORMATION