535 N 700 E Unit 1-4
Spanish Fork, UT 84660
- 8 beds
- 4 baths
- 3,874 sqft
- ~1/2 acre lot
- $236 per sqft
- 1981 build
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 are currently well below market value due to long-term tenancy. Buyers will be able to increase rent rates immediately. 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. Unit 4 is available for showings, bottom right. Please do not disturb the other 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.
Last checked:
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Last updated Dec 20, 2024
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MLS# 2020748 —
The Building
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Year Built:1981
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New Construction:false
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Construction Status:Blt./Standing
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Construction Materials:Brick
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Architectural Style:Stories: 2
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Roof:Metal
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# of Units Total:4
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Unit Number:1-4
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Building Area Total:3874.0
Interior
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Interior Features:Range/Oven: Free Stdng.
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Flooring:Carpet,Laminate,Linoleum
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Fireplace:false
Room Dimensions
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Living Area:3874.0
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Living Area Units:Square Feet
Location
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Cross Street:700
The Property
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View:false
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Parcel Number:07-103-0008
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Property Type:Residential
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Property Subtype:Quadruplex
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Property Condition:Blt./Standing
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Zoning:Multi-Family
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Current Use:Residential
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Topography:Sidewalks, Sprinkler: Auto-Full
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Waterfront:false
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Vegetation:Landscaping: Full
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Horse:false
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Lot Features:Sidewalks,Sprinkler: Auto-Full
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Lot Size Acres:0.41
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Lot Size Area:0.41
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:17859.6
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:3975.0
Beds
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Bedrooms Total:8
Baths
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Baths:4
Heating & Cooling
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Heating:false
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Cooling:false
Utilities
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Utilities:Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
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Sewer:Sewer: Connected
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Water Source:Culinary
Appliances
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Inclusions:Range, Refrigerator
Schools
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Elementary School:Park
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Elementary School District:Nebo
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Middle Or Junior School:Spanish Fork Jr
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Middle Or Junior School District:Nebo
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High School:Spanish Fork
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High School District:Nebo
The Community
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Senior Community:false
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Pool Private:false
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Spa:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/24
Nov 15, 2024
|
Relisted | WFRMLS | $915,000 | |
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11/8/24
Nov 8, 2024
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Pending | WFRMLS | $915,000 | |
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10/22/24
Oct 22, 2024
|
Price Changed | WFRMLS | $915,000 | -1.1% |
