270 W 600 S 1, Richfield

$879,000

8 Beds
4 Baths
3,360 Sqft
.28 Acre
0 Garage

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.

Essential Information
MLS® #2000081
Price$879,000
Bedrooms8
Bathrooms4.00
Square Footage3,360
Acres0.28
Year Built1978
TypeResidential
Sub-TypeQuadruplex
StyleStories: 2
StatusActive
Community Information
Address270 W 600 S 1
AreaCentral Sevier
CityRichfield
CountySevier
StateUT
Zip Code84701
Amenities
ViewMountain(s)
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Interior
InteriorCarpet,Vinyl
HeatingElectric,Heat Pump
Interior Features

Disposal,Kitchen: Updated,Range/Oven: Free Stdng.

Exterior
Lot DescriptionCurb & Gutter,View: Mountain
WindowsBlinds
RoofAsphalt
ConstructionBrick
Exterior Features

Double Pane Windows,Patio: Open

School Information
DistrictSevier
ElementaryAshman
MiddleRed Hills
HighRichfield
Additional Information
Date ListedMay 21st, 2024
Days on Market65
ZoningMulti-Family
Listing Details
AgentAnne Valae Fillmore
OfficeRed Rock Real Estate (Central)
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