251 E 300 S, Springville, UT 84663
251 E 300 S, Springville, UT 84663
251 E 300 S, Springville, UT 84663
31
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$2,100,000
Est. payment /mo
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12 Beds
12 Baths
8,957 SqFt
Active

251 E 300 S Springville, UT 84663

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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. Please reach out with inquiries to Stuart Lewis: 801-717-7444.

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)
Troy Moultrie
Troy Moultrie

Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00

+1(435) 327-5545 | [email protected]

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251 E 300 S