Rare opportunity to own a fully leased, turn-key fourplex in the heart of Springville. This income-producing property has a history of exceptionally low vacancy, with all four units consistently occupied. Each spacious 3-bedroom, 1-bath unit has been updated in the last three years with new cabinets and flooring, creating durable and attractive interiors for tenants. Major capital improvements include a new roof, new asphalt parking lot, and new furnaces and AC units, reducing future maintenance needs. Professional property maintenance is already in place, offering investors peace of mind and low management demands. With current gross rent over $5, 400 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. Located on South Main Street, tenants enjoy easy access to shopping, dining, schools, and freeway connections in one of Utah County's most desirable and fastest-growing communities.Show Description MLS® Number2113539
Laundry LevelElectric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.37
ExteriorDouble Pane Windows
GarageNo
Approx. Age1970
Basement
DrivewayParking: Uncovered
Garage Spaces
HeatGas: Central
A/C
Heating Fuel
Ceiling Fan, Microwave, Range, Refrigerator, Storage Shed(s), Window Coverings
