Homes for sale - 535 N 700 E #1-4, Spanish Fork, UT 84660

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Jaimi Payne

homesbyjaimi@gmail.com +1(435) 359-3356

$ 839,000

Est. payment | -/mo

8 Beds

4 Baths

3,874 SqFt

Save

$ 839,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,874 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,874 sqft

Price per Sqft $216

MLS Listing ID 2020748

Style Stories: 2

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1981

Annual Tax Amount $3,975

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Multi-family investment opportunity! Come discover this awesome 4-plex in a prime location in the heart of Spanish Fork! It's located conveniently close to the major shopping centers, the new IHC hospital, and both major highways I-15 and Highway 6. This property has been well maintained and managed by the same property manager since it was built! Most tenants have stayed for multiple years keeping very low vacancy rates. Property Details: 4 units, each unit has 2 bedrooms and 1 bath and is approximately 900 sq ft. Washer/dryer hookups located in the second bedroom. There is an additional sink/vanity outside of the bathroom. Each unit includes an additional storage closet on the West side of the building. There is a grass section on the East side of the building and a large parking lot on the West side. All units have similar floor plans with different flooring. Rental/Income Details: The rents have been well below market value due to long-term tenancy. The tenants have signed new leases with increased rates through Dec. 2025. There are separate meters for gas and electricity. The owner pays for landscaping, snow removal, water, sewer, and irrigation. There are plenty of opportunities to increase the profitability of this investment! Contact the listing agent to schedule your showing. Please do not disturb the tenants! All units will be available to see with a reasonable offer. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

Location

State UT

County Utah

Area Sp Fork; Mapleton; Benjamin

Zoning Multi-Family

Interior

Interior Features Range/Oven: Free Stdng.

Flooring Carpet, Laminate, Linoleum

Inclusions Range, Refrigerator

Fireplace No

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Metal

Present Use Residential

Topography Sidewalks, Sprinkler: Auto-Full

Private Pool No

Building

Lot Description Sidewalks, Sprinkler: Auto-Full

Sewer Sewer: Connected

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Park

Middle Schools Spanish Fork Jr

High Schools Spanish Fork

School District Nebo

Others

Senior Community No

Tax ID 07-103-0008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by KW WESTFIELD

“The Elite Real Estate Group is here to help you navigate your real estate transaction and provide you with the luxury experience that you deserve.”

+1(435) 359-3356

homesbyjaimi@gmail.com

20 E. 1000 S., Richfield, Utah, 84701

535 N 700 E #1-4 Spanish Fork, UT 84660