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. Â 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.Â 12 additional storage units that rent for $50.00 each a month. Â Property is 12 minutes south of BYU and UVU and Silicon Slopes. Please do not disturb tenants.Â 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.
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information last updated on August 4th, 2020 at 5:28am MDT.