670 S MAIN ST #1-4 new Save Request In-Person Tour Request Virtual Tour
Springville,UT 84663
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,852 sqft
Price per Sqft $259
MLS Listing ID 2113539
Style Up And Down
Bedrooms 12
Year Built 1970
Annual Tax Amount $4,044
Lot Size 0.370 Acres
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own a fully leased, turn-key fourplex in the heart of Springville. This income-producing property has a history of exceptionally low vacancy, with all four units consistently occupied. Each spacious 3-bedroom, 1-bath unit has been updated in the last three years with new cabinets and flooring, creating durable and attractive interiors for tenants. Major capital improvements include a new roof, new asphalt parking lot, and new furnaces and AC units, reducing future maintenance needs. Professional property maintenance is already in place, offering investors peace of mind and low management demands. With current gross rent over $5,400 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. Located on South Main Street, tenants enjoy easy access to shopping, dining, schools, and freeway connections in one of Utah County's most desirable and fastest-growing communities.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Multi-Family
Interior
Heating Gas: Central
Flooring Carpet
Inclusions Ceiling Fan, Microwave, Range, Refrigerator, Storage Shed(s), Window Coverings
Equipment Storage Shed(s),Window Coverings
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Double Pane Windows
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Available
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Building
Lot Description Curb & Gutter,Fenced: Part,Road: Paved,Sprinkler: Auto-Full,View: Mountain
Sewer Sewer: Connected,Sewer: Public
Structure Type Brick,Cinder Block
New Construction No
Schools
Elementary Schools Meadow Brook
High Schools Springville
School District Nebo
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange