Property Facts
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: Due to long-term tenancy the rents are currently well below market value. Most of the leases are currently on month-to-month. 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.
Property Features
Interior Features Include
- Range/Oven: Free Stdng.
- Heating:
Exterior Features Include
- Lot: Sidewalks; Sprinkler: Auto-Full
- Landscape: Landscaping: Full
- Roof: Asphalt Shingles
- Exterior: Brick
Other Features Include
- Water: Culinary
- Utilities: Gas: Connected; Power: Connected; Sewer: Connected; Water: Connected
Totals
- Total Units: 4
- Tot SQ Ft: 3,874
- Tot Bedrooms: 8
- Tot Bthrooms: 4
- Acres (Lot): 0.41
Unit Configuration
Unit 1 |
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Schools
Designated Schools
Nearby Schools
| GreatSchools Rating | School Name | Grades | Distance |
|---|---|---|---|
| Spanish Fork Middle Sch Public Middle School |
0.42 mi | ||
| Park School Public Preschool, Elementary |
PK | 0.33 mi | |
| Diamond Fork Junior Hig Public Middle School, High School |
0.46 mi | ||
| American Heritage Schoo Private Preschool, Elementary, Middle School |
0.48 mi | ||
| Larsen School Public Preschool, Elementary |
PK | 0.76 mi | |
| Rees School Public Preschool, Elementary |
PK | 0.81 mi | |
| Spanish Fork Jr High Sc Public Middle School |
0.82 mi | ||
| Nebo District Preschool, Elementary, Middle School |
0.93 mi | ||
| Brockbank School Public Preschool, Elementary |
PK | 0.99 mi | |
| Springville Observation Public High School |
0.99 mi | ||
| Spanish Fork High Schoo Public High School |
9- | 1.12 mi | |
| Landmark High School Public Middle School, High School |
7-12 | 1.20 mi | |
| Sierra Bonita Elementar Public Preschool, Elementary |
1.20 mi | ||
| Nebo Technology Center Public High School |
10-1 | 1.32 mi | |
| Riverview School Public Preschool, Elementary |
PK | 1.45 mi |
School data provided by GreatSchools.
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Contact Agent
Listing Broker
KW WESTFIELD
998 N 1200 W
Orem, UT 84057
801-850-5600