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339 W 100 S #1-4, Springville, UT 84663
$950,000
339 W 100 S #1-4, Springville, UT 84663View this property at 339 W 100 S #1-4, Springville, UT 84663
339 W 100 S #1-4SpringvilleUT84663
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Property Description
**Request marketing brochure from listing agent for easily printable details - Also, can find attached in documents on the MLS** Property includes 4 units, each 2 bed 1 bath. R1-5 zoning with approval for multi-housing. Scheduled Gross Income is $63,000/year ($1,200/mo per unit for each of 2 units + $1,100/mo for 3rd unit ($100/mo reduction for this tenant helping with landscape/snow removal) + $1,250/mo for 4th unit + assumed $600/mo from garage/storage units, although landlord has not actively sought to find tenants to the units). 4-plex units are 912 SqFt. All units have been completely remodeled. Brand new furnaces, AC Units, water heaters, cabinets, solid surface counters, sinks, fixtures, windows and blinds, refrigerator and oven range, tub/shower, doors, LVP flooring, and new texture and paint. Each unit has a washer/dryer hookup. Each unit comes with a small outside storage shed ..... The property comes with 5, 12' x 29' wide garage storage units, and 1, 19' x 29' unit. Commercial storage us is currently non-conforming, meaning city only approves renting the garages to a tenant living in one of the two on-site 4-plexes. Owner owns the 6 east garage units (Owner of adjacent 4-plex owns the west 4 garage units). Seller estimates rents of $100/mo for smaller units and $150/mo for larger units (For Pro-forma, we are estimating average of $600/mo rent from these - seller has not pushed to rent them because of city guidelines for who can rent them, and only one unit is currently rented at $150/mo), with significant increases is roof is replaced/repaired and power garage openers are added. Owner pays for water & sewer (only one meter for theses). Storage units also only have one meter, so owner has been paying for any minimal electrical on those. Tenant pays for electrical and garbage through Springville City, and gas through Dominion. Each unit is separately metered ..... Landlord just completed remodel, and has 2, almost 3 of the 4 units already leased up. Very easy to show 4th unit - All are the same.
Full Property Details
Full Property Details for 339 W 100 S #1-4
General
- Price: $950,000
- Taxes: $4,048
- Status: Under Contract
- Type: Multi-Family
- MLS ID: 1987789
- Updated: 5/20/2024
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Range/Oven: Free Stdng.
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Garage: Yes
- Garage Spaces: 12
- Covered Spaces: 12
- Total Spaces: 18
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Cross Streets: 100
School Information
- Elem School District: Nebo
- Midd School District: Nebo
- High School District: Nebo
- Elementary School: Westside
- Middle School: Springville Jr
- High School: Springville
Heating & Cooling
- Heating Type: Gas: Central
Utilities
- Sewer: Sewer: Connected
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Property Detached: Yes
- Architectural Style: Stories: 2
- Construction: Brick
- Exterior Const.: Brick
- Roof: Asphalt
- Windows: Blinds
- Square Feet: 3,648
- Living Area: 3,648 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1976
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.39
- Lot Size (Sq. Ft.): 16,988.4
- Lot Size: .39
- Zoning: R1-5
Financial Considerations
- Tax Amount: $4,048
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Inclusions: Range Hood, Refrigerator
- Property ID: 06-024-0026
Listed by Core Utah Real Estate
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Schools
Schools serving 339 W 100 S #1-4
School District:Nebo District
Rating | Name | Grades | Distance |
---|---|---|---|
740 W Center St, Springville, UT 84663 | K-5 | 0.4 mi | |
Spring Canyon Middle
599 W 700 S, Springville, UT 84663 | 6-7 | 0.6 mi | |
189 S 1470 E, Springville, UT 84663 | 8-9 | 1.8 mi | |
1205 E 900 S, Springville, UT 84663 | 10-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 339 W 100 S #1-4
Date
Details
Price
Change
Source
5/15/2024
Price Reduced
$950,000
-9.52%
MLS
3/22/2024
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 339 W 100 S #1-4
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,049
19%
$415,195
-22%
2021
$3,413
-10%
$535,100
40%
2022
$3,799
11%
$382,635
-23%
2021
$3,413
25%
$497,900
125%
2018
$2,729
10%
$221,540
14%
2017
$2,478
-17%
$194,315
-24%
2019
$2,994
11%
$254,760
23%
2016
$2,689
12%
$206,690
10%
2015
$2,391
6%
$187,880
7%
2014
$2,250
-4%
$175,670
—
2013
$2,342
—
$174,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 339 W 100 S #1-4
339 W 100 S #1-4, Springville, UT 84663 (MLS# 1987789) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 339 W 100 S #1-4 is currently listed for $950,000 and was received on March 22, 2024. Want to learn more about 339 W 100 S #1-4? Do you have questions about finding other Multi-Family real estate for sale in Springville? You can browse all Springville real estate or contact a Coldwell Banker agent to request more information.