735 E Canyon Rd S

    Spanish Fork, UT 84660
    • $640,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 1639822
    Price Reduced
    UPDATED: 38 min ago
    $640,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,618
      SQFT
    • $177
      $/SQFT
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Updated fourplex with great cash flow, low vacancy and easy to maintain. The exterior had all new windows installed (top units installed October 2019). A full exterior repaint was done in October 2019 including the stairs and stair railings. New exterior lighting was added throughout the property as well. Three of the four units have been updated with Unit #1 having a complete remodel and Luxury Vinyl flooring throughout the entire place (new carpet in the bedrooms). All of the updated units have long term tenants. The month-to-month tenant has been in the property for a long time and is the reason that unit hasn't been remodeled like the others. With all of the exterior updates happening after tenants were in place, rents should be higher for 2020. Gross rents are $3,595/month $43,140/year. Seller will give buyer a $10k credit towards roof or converting last two units to AC. Need minimum of 24 hour notice as all units are occupied by tenants. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement. Seller is Real Estate Broker.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-12T10:35:48.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.rmxequity.com/homes/100435502

    735 E Canyon Rd S Spanish Fork, UT 84660

    • Price: $640,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 1639822
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,618
    SQFT
    $177
    $/SQFT
    1971
    Built
    Neighborhood:
    Sp Fork; Mapleton; Benjamin
    County:
    Utah
    Area:
    Sp Fork; Mapleton; Benjamin
    Elementary School:
    Larsen
    Middle School:
    Spanish Fork Jr
    High School:
    Spanish Fork
    School District:
    Nebo
    Property Description
    Updated fourplex with great cash flow, low vacancy and easy to maintain. The exterior had all new windows installed (top units installed October 2019). A full exterior repaint was done in October 2019 including the stairs and stair railings. New exterior lighting was added throughout the property as well. Three of the four units have been updated with Unit #1 having a complete remodel and Luxury Vinyl flooring throughout the entire place (new carpet in the bedrooms). All of the updated units have long term tenants. The month-to-month tenant has been in the property for a long time and is the reason that unit hasn't been remodeled like the others. With all of the exterior updates happening after tenants were in place, rents should be higher for 2020. Gross rents are $3,595/month $43,140/year. Seller will give buyer a $10k credit towards roof or converting last two units to AC. Need minimum of 24 hour notice as all units are occupied by tenants. Do not disturb tenants. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement. Seller is Real Estate Broker.
    Exterior Features

    Carport Capacity 0 Driveway AsphaltConcrete Exterior Building Materials Brick Exterior Features Double Pane Windows Garage Capacity 0 Garage Parking Features Parking: Uncovered Landscaping Landscaping: Full Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Lot Facts Road: PavedSidewalksSprinkler: Auto-FullTerrain: Flat Parking Capacity 6 Roof Features Asphalt Shingles Style Up And Down

    Interior Features

    Floor Coverings CarpetTileVinyl Heating Features Forced AirGas: Central Interior Features Dishwasher: Built-InDisposalKitchen: UpdatedRange/Oven: Free Stdng. Windows Blinds

    Property Features

    Additional Information Leases: MonthlyLeases: YearlySep. Air ConditioningSep. Gas MetersSep. Power MetersSep. Water HeatersSome Utilities In RentTenant Pays Utilities Amenities Cable Tv AvailableElectric Dryer HookupHome WarrantyLaundry: Hookups Animals Pets < 20 Lbs. Community Pool No Exclusions See Remarks Gross Operating 43140 Hoa No Hoa Fee 0 Inclusions RangeRefrigerator Multifamily Property Type Fourplex Owner Type Owner/Agent Pool No Possession Recording Spa No Taxes 2723 Telecommunications Broadband Cable Terms CashConventionalFha Utilities Gas: ConnectedPower: ConnectedSewer: ConnectedSewer: PublicWater: Connected Water CulinaryIrrigation: Pressure Water Shares 0.00 Year Remodeled 1985 Yearly Occupancy 99 Zoning Multi-Family

    Listing provided courtesy of Vision Real Estate - Provo. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2019 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2019-11-12T10:35:48.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
    RE/MAX Equity
    295 W Center St
    Provo UT, 84601