251 E 300 S, Springville, UT 84663
- $2,100,000
- 12
- BD
- 12
- BA
- 8,957
- SqFt
- List Price
- $2,100,000
- Status
- ACTIVE
- Days on Market
- 105
- MLS#
- 2151603
- Style
- Stories: 3
- Year Built
- 1914
- Bedrooms
- 12
- Bathrooms
- 12
- Living Area
- 8,957
- Lot Size
- 26,136
- Acres
- 0.60
- MLS Area Major
- Provo; Mamth; Springville
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.
Additional Information
- Taxes
- $7,931
- Property Description
- Stories: 3
- Elementary School
- None/Other
- Middle School
- None/Other
- High School
- None/Other
Mortgage Calculator
Listing courtesy of Equity Real Estate (Results).