56 E CENTER ST #1 Active

Richfield,UT 84701

$ 599000

5 Beds

4 Baths

4500 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $133

MLS Listing ID 2076282

Style Stories: 2

Bedrooms 5

Year Built 1950

Annual Tax Amount $3,694

Lot Size 5,227 Sqft

Property Sub-Type > 4 Units

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 salon or 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 exceeding $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

Flooring Carpet,Laminate,Tile,Concrete

Inclusions Dryer, Range, Refrigerator, Washer

Exterior

Exterior Feature Patio: Open

Garage Spaces 2.0

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

View Y/N No

Roof Type Asbestos Shingle

Building

Lot Description Curb & Gutter,Fenced: Part,Sidewalks

Sewer Sewer: Connected

Water Culinary

Structure Type Brick,Stone,Stucco

New Construction No

Schools

Elementary Schools Ashman

Middle Schools Red Hills

High Schools Richfield

School District Sevier

Others

Acceptable Financing Cash,Commercial Fin. Req.,Conventional

Listing Terms Cash,Commercial Fin. Req.,Conventional

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