66 N 400 E, Richfield, UT 84701

$494,000
10
BD
4
BA
3,828
SqFt

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List Price
$494,000
Status
ACTIVE
MLS#
2191040
Days on Market
26
Price Change
▼ $25,000 1793679424
Year Built
1940
Bedrooms
10
Bathrooms
4
Square Feet
3,828
Parcel Number
1-37-31 01
Acres
0.36
County
Sevier
Region
Central Sevier

Property Description

Turnkey triplex with a massive $5,000 seller concession included! Buyers can use this generous credit at closing to buy down their interest rate, lowering payments and maximizing day-one cash flow. This property boasts a phenomenal, unbroken 100% occupancy track record for over 8+ years (since 2018!). Current gross income is $2,765/mo with immense built-in upside. Unit A is a highly desirable, massive 4-bedroom, 2-bathroom layout complete with a garage for storage. Unit B is currently discounted to $775 for a family friend but previously rented for $925/mo. All units are on flexible month-to-month leases, offering an incoming investor or owner-occupant the perfect opportunity to house-hack, adjust rents to market, or manage utilities. Located right near the Snow College South campus-this is a stable, recession-proof asset with incredible structural advantages!

Additional Information

Taxes
$2,263
Exterior Features
Basement Entrance
Floor
Carpet, Tile
Heating
Gas: Central
School District
Sevier
Elementary School
Ashman
Middle School
Red Hills
High School
Richfield
Style
Stories: 1
Living Area
3,828

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Calculator source: Real Geeks

Listing courtesy of Green Valley Brokers.

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