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315 W Maple St

Mapleton, UT 84664
  • $735,000
  • STATUS: Active Under Contract
  • ON SITE: 62 Days
  • MLS #: 1831506
Under Contract
UPDATED: 57 min ago
$735,000
  • 4
    BEDS
  • 2.38
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,829
    SQFT
  • $402
    $/SQFT
Type:
Multi-Family
Built:
1968
County:

School Information

Middle School:
High School:
School District:

Description

Offering a rarely available opportunity to buy a fully leased and turnkey multi-family investment property in Mapleton. The main structure is a side-by-side brick duplex, but there are three other leased spaces including a shop, a barn, and a two-acre pasture. The total acreage is 2.381 acres and the total annual gross operating income is $41,038.68. All spaces are fully leased and professional property management is in place. The seller has completed all preliminary engineering work and platted a subdivide proposal to keep or demolish the duplex and create three additional half-acre building lots. The Seller has not yet presented the plat to Mapleton City but will provide the engineered plat to the next Owner to pursue if interested. Also included in the offering are 4.5 shares of Strawberry Irrigation water to keep the pasture green. This would make a great replacement property for your pending 1031 exchange.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-09-29T19:40:22.34. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.lawsonrealestateteam.com/homes/131362780
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315 W Maple St Mapleton, UT 84664

  • Price: $735,000
  • Status: Active Under Contract
  • On Site: 62 Days
  • Updated: 57 min ago
  • MLS #: 1831506
4
Beds
2
Baths
0
½ Baths
2.38
Acres
1,829
SQFT
$402
$/SQFT
1968
Built
Neighborhood:
Sp Fork; Mapleton; Benjamin
County:
Utah
Area:
Sp Fork; Mapleton; Benjamin
Middle School:
Mapleton Jr
High School:
Maple Mountain
School District:
Nebo
Property Description
Offering a rarely available opportunity to buy a fully leased and turnkey multi-family investment property in Mapleton. The main structure is a side-by-side brick duplex, but there are three other leased spaces including a shop, a barn, and a two-acre pasture. The total acreage is 2.381 acres and the total annual gross operating income is $41,038.68. All spaces are fully leased and professional property management is in place. The seller has completed all preliminary engineering work and platted a subdivide proposal to keep or demolish the duplex and create three additional half-acre building lots. The Seller has not yet presented the plat to Mapleton City but will provide the engineered plat to the next Owner to pursue if interested. Also included in the offering are 4.5 shares of Strawberry Irrigation water to keep the pasture green. This would make a great replacement property for your pending 1031 exchange.
Exterior Features

Architectural Style Side By Side Attached Garage YN No Carport Spaces 4 Carport YN Yes Construction Materials Brick Construction Status Blt./Standing Covered Spaces 6 Exterior Features BarnDeck; CoveredHorse PropertyOut BuildingsLightingPorch: OpenSecured ParkingPatio: Open Frontage Length 0.0 Garage YN Yes Horse Property YN Yes Lot Features Fenced: PartSprinkler: Auto-PartView: Mountain Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 20 Open Parking YN Yes Other Equipment Fireplace Insert Parking Features CoveredParking: UncoveredSecuredRv Parking Parking Total 26 Patio And Porch Features Porch: OpenPatio: Open Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Fenced: PartSprinkler: Auto-PartTerrainFlatView: Mountain Vegetation Fruit TreesLandscaping: PartMature Trees View Mountain(S) View YN Yes Waterfront YN No

Interior Features

Accessibility Features Single Level Living Bathrooms Partial 0 Bathrooms Total 2 Building Area Total 1829 Cooling YN No Fireplace Features Insert Fireplace YN No Flooring CarpetTile Heating Forced AirGas: Central Heating YN True Interior Features Range/Oven: Free Stdng. Laundry Features Electric Dryer Hookup Rooms Total 0

Property Features

Association YN No Current Use Residential Exclusions DryerWasher Inclusions Fireplace InsertRangeRefrigerator Irrigation Water Rights Acres 4.5 Lease Considered YN No Listing Terms CashConventional New Construction YN No Ownership Owner/Agent Property Attached YN No Property Condition Blt./Standing Property Sub Type Duplex Senior Community YN No Sewer Sewer: ConnectedSewer: Public Tax Annual Amount 3117 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedSewer: PublicWater Connected Water Source See RemarksCulinaryIrrigationShares Zoning Multi-Family

Listing provided courtesy of Redzone Real Estate: 801-998-8852. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-09-29T19:40:22.34. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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