Property
Beds
4
Full Baths
3
1/2 Baths
None
Year Built
1948
Sq.Footage
2,904
Legal, nonconforming duplex with strong in-place income, long-term tenancy, and immediate upside potential. Upper unit rents for $1,400/month on a month-to-month lease with a tenant in place since 2015, and the lower unit rents for $900/month with a recently renewed lease, both including utilities and internet. Current rents are below market and have not been adjusted in a couple of years, offering an immediate opportunity to increase cash flow. Major system updates have already been completed, including roof (2017), A/C (2019), furnace (2023), full repipe (2024), and basement improvements (2023), providing a solid foundation for long-term ownership. Located on Main Street in Springville, the property benefits from consistent rental demand, high visibility, and convenient access to I-15, Provo/Orem employment hubs, and nearby shops and restaurants, all within a growing South Utah County corridor and at an attractive price per square foot. The property is tenant-occupied and in need of cosmetic updates, presenting a clear value-add opportunity for an investor or owner-occupant looking to offset their mortgage with rental income. Ask about renovation loan options that allow buyers to finance improvements into the purchase and accelerate rental upside. No showings, do not disturb tenants, sold as-is with offer subject to inspection, interior photos and additional information available upon request, proof of funds required prior to release, seller financing not available.
Features & Amenities
Interior
-
Other Interior Features
In-Law Floorplan
-
Total Bedrooms
4
-
Bathrooms
3
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Patio and Porch Features
Covered
-
Pool
No
-
View
Mountain(s)
Area & Lot
-
Lot Features
Secluded
-
Lot Size(acres)
0.27
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Rambler/Ranch
Price
-
Sales Price
$399,900
-
Tax Amount
$2,597
-
Sq. Footage
2, 904
-
Price/SqFt
$137
HOA
-
Association
No
School District
-
Elementary School
Nebo
-
Middle School
Springville Jr
-
High School
Springville
Property Features
-
Stories
2
-
Accessibility Features
Therapeutic Whirlpool
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Utah
Elementary School
Nebo
Middle School
Springville Jr
High School
Springville
Listing Courtesy of Stephanie Hoffee , Wasatch Mountain Realty
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President / Real Estate Advisor
Damon Luke
Call Damon today to schedule a private showing.
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