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270 W 600 S #1, Richfield, UT 84701
$879,000
270 W 600 S #1, Richfield, UT 84701View this property at 270 W 600 S #1, Richfield, UT 84701
270 W 600 S #1RichfieldUT84701
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Property Description
Welcome Investors! Discover the perfect addition to your portfolio in our charming rural college town! This updated 4-plex, conveniently located on the west side near Main Street and all schools is a golden opportunity you don't want to miss. Turnkey Investment: Impeccably maintained property ready for immediate income generation. Versatile Potential: Currently leased to individuals, with easy conversion to highly sought-after student housing. Recent Renovations: The lower two units underwent complete remodels, featuring new kitchens, flooring, paint, cabinets, bathrooms, and energy-efficient mini-split heat pumps. Stable Tenancy: The upper two units boast long-standing tenants of over five years each, ensuring stability and reliability. Enjoy hassle-free management with the landlord covering city water expenses ($220/month for all four units) and landscaping services. Units ensure a steady stream of income. Occupancy: Currently at 100%, except during the remodel period. Market Potential: Strong demand for quality rental properties in our thriving college town ensures high occupancy rates and potential for increased rental income. Secure Your Investment Today! Whether you're a seasoned investor or new to the game, this 4-plex promises solid returns and long-term growth. Act now to capitalize on this exceptional opportunity! Contact us to schedule a viewing and start your journey toward financial success in real estate.
Full Property Details
Full Property Details for 270 W 600 S #1
General
- Price: $879,000
- Taxes: $1,446
- Status: Active
- Type: Multi-Family
- MLS ID: 2000081
- Updated: 5/21/2024
- Added to Site: 25 day(s) ago
Interior
- Interior Features: Disposal, Kitchen: Updated, Range/Oven: Free Stdng.
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Double Pane Windows, Patio: Open
- Porch/Patio/Deck: Patio: Open
Parking
- Total Spaces: 10
- Parking Features: Parking: Uncovered
Location
- Area: Central Sevier
- County: Sevier
- Cross Streets: 600
- Direction Faces: South
School Information
- Elem School District: Sevier
- Midd School District: Sevier
- High School District: Sevier
- Elementary School: Ashman
- Middle School: Red Hills
- High School: Richfield
Heating & Cooling
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Stories: 2
- Construction: Brick
- Exterior Const.: Brick
- Roof: Asphalt
- Windows: Blinds
- Disability Access: Accessible Doors, Single Level Living
- Square Feet: 3,360
- Living Area: 3,360 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1978
- Property Condition: Blt./Standing
Lot Features
- Property View: Mountain(s)
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Lot Size: .28
- Topography: Curb & Gutter, View: Mountain
- Lot Features: Curb & Gutter, View: Mountain
Financial Considerations
- Tax Amount: $1,446
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Inclusions: Ceiling Fan, Range, Refrigerator
- Property ID: 1-51-95
Listed by Red Rock Real Estate (Central)
Get Pre-Approved Today
Schools
Schools serving 270 W 600 S #1
School District:Sevier District
Rating | Name | Grades | Distance |
---|---|---|---|
Ashman School
70 N 200 W, Richfield, UT 84701 | K-3 | 0.6 mi | |
520 N 300 W, Richfield, UT 84701 | 3-5 | 1.1 mi | |
400 S 600 W, Richfield, UT 84701 | 6-8 | 0.4 mi | |
495 W Center St, Richfield, UT 84701 | 9-12 | 0.6 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 270 W 600 S #1
Date
Details
Price
Change
Source
5/21/2024
Listed
$879,000
—
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 270 W 600 S #1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,446
3%
$144,625
13%
2022
$1,402
12%
$128,057
33%
2021
$1,256
-3%
$96,498
—
2020
$1,292
9%
$96,500
15%
2018
$1,185
-5%
$84,000
—
2017
$1,242
—
$84,000
—
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 270 W 600 S #1
270 W 600 S #1, Richfield, UT 84701 (MLS# 2000081) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 270 W 600 S #1 is currently listed for $879,000 and was received on May 21, 2024. Want to learn more about 270 W 600 S #1? Do you have questions about finding other Multi-Family real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.