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Richfield,UT 84701
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2080816
Year Built 1950
Annual Tax Amount $3,694
Lot Size 5,227 Sqft
Property Sub-Type Retail
Property Description
Beautifully Renovated Mixed-Use Property Ideal Investment Opportunity This fully remodeled property offers a blend of residential and commercial space, designed with both functionality and style in mind. Unit 1 features a high-visibility office space with prominent street frontage, large picture windows, and a convenient half bath - perfect for a boutique business or professional office. Units 2, 3, and 4 are thoughtfully updated residential apartments: Unit 2: Spacious 2-bedroom, bath Unit 3: Cozy 1-bedroom, bath Unit 4: Bright 2-bedroom, bath Each unit includes its own private exterior entrance, energy-efficient mini-split, in-unit washer/dryer hookups, and all major appliances. With projected rental income of approximately $4,000/month, this property offers strong cash flow potential. The landlord currently covers all utilities, simplifying management. Additional features include a 24'x22' detached garage ideal for storage or additional rental income potential. Square footage is approximate for each unit. Don't miss this exceptional opportunity to own a turn-key income property with modern updates and prime versatility.
Location
State UT
County Sevier
Area Central Sevier
Zoning Multi-Family, Commercial
Interior
Heating Electric,Baseboard
Flooring Carpet,Laminate,Tile,Concrete
Exterior
View Y/N No
Roof Type Asbestos Shingle
Building
New Construction No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional