Property Description

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.

Features
: Heat Pump, Electric
: Patio: Open
: Parking: Uncovered
: Stories: 2
: Double Pane Windows, Patio: Open
: Carpet, Vinyl
: Disposal, Kitchen: Updated, Range/Oven: Free Stdng.
: Electric Dryer Hookup
: Sewer: Connected
: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
: Blinds
Address Map
US
UT
Sevier
Richfield
84701
600
270
W113° 54' 37.4''
N38° 45' 35.4''
South
Central Sevier
W
S
1
Multi-Family
Neighborhood
Ashman
Sevier
Richfield
Sevier
Sevier
Red Hills
Additional Information
0.0x0.0x0.0
: Culinary
2024-05-21
4
: Single Level Living, Accessible Doors
: View: Mountain, Curb & Gutter
: Residential
: Brick
3360
Financial
1446.0
Listing Information
87633
71598
Cash,Conventional
Active
2024-09-16T13:06:01Z
WFRMLS
2024-09-16T13:05:44Z

Residential For Sale

270 W 600 S #1, Richfield, Utah 84701

8 Bedrooms
4 Bathrooms
3,360
$879,000
Listing ID #2000081
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2000081
Price : $879,000
View : Mountain(s)
Bedrooms : 8
Bathrooms : 4
Square Footage : 3,360
Year Built : 1978
Lot Area : 0.28 Acre
Status : Active
Office Name : Red Rock Real Estate (Central)
Agent Name : Anne Valae Fillmore
Listing Status : Active
Property Sub Type : Quadruplex
Roof : Asphalt
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