251 E 300 S, Springville, 84663

  • 12 BD
  • 12 BA
  • 8,957 SF
  • $1,250,000
  • Agent: Dave Ruprecht
  • Multi-Unit
  • 8,957 square feet
  • 0.60 acres
  • Approx. $140/sqft
  • MLS# 1676697
  • View Microsite

Historic charm, 12 unit apartment building in downtown Springville. Walking distance to Main Street with shops and restaurants. The building consists of ten 1-bedrooms units and a newly renovated 2 bedroom unit with exposed brick.  and a studio. Building generates over $100K in rental income a year with a 6.22 Cap with a 97% occupancy. New boiler , new exterior paint, new plumbing in much of the building, new electrical in parts of the building, newer roof within the last 5 years, new vinyl double pane windows. 12 additional storage units that rent for $50.00 each a month.  Property is 12 minutes south of BYU and UVU and Silicon Slopes. Please do not disturb tenants. PLEASE DO NOT DISTURB TENANTS. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.

Essential Information

  • MLS® #: 1676697
  • Price: $1,250,000
  • Bedrooms: 12
  • Bathrooms: 12.00
  • Square Footage: 8,957
  • Acres: 0.60
  • Year Built: 1914
  • Type: Multi-Unit
  • Sub-Type: > 4 Units
  • Style: 3 - Story
  • Status: Under Contract

Amenities

  • Amenities: Laundry: Coin
  • Utilities: Sewer: Public, Sewer: Connected, Water: Connected, Gas: Connected, Power: Connected
  • Features: Range, Refrigerator
  • Parking Spaces: 24
  • Garages: Parking: Uncovered

Exterior

  • Exterior: Aluminum/Vinyl, Brick
  • Exterior Features: Out Buildings, Outdoor Lighting, Secured Building
  • Lot Description: Sidewalks, Sprinkler: Auto-Full, Terrain: Flat
  • Windows: Blinds
  • Roof: Asphalt Shingles, Pitched

Additional Information

  • Date Listed: May 26th, 2020
  • Days on Market: 69
  • Zoning: Multi-Family

Community Information

  • Address: 251 E 300 S
  • Area: Provo; Mamth; Springville
  • City: Springville
  • County: Utah
  • State: UT
  • Zip Code: 84663

Interior

  • Interior Features: Range/Oven: Free Stdng., French Doors
  • Heating: Gas: Radiant, Electric: Radiant
  • Has Basement: Yes

School Information

  • District: Nebo
  • Elementary: Cherry Creek
  • Middle: Springville Jr
  • High: Springville

Location Information

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Listing courtesy of Berkshire Hathaway HomeServices Utah - Salt Lake

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Listing information last updated on August 4th, 2020 at 5:28am MDT.