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495 E Main St

American Fork, UT 84003
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 61 Days
  • MLS #: 1830706
Under Contract
UPDATED: 88 min ago
$1,300,000
  • 14
    BEDS
  • 0.61
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 5,499
    SQFT
  • $236
    $/SQFT
Type:
Multi-Family
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Fantastic investment opportunity in the heart of American Fork with this SEVEN unit- 2 bedroom,1 bathroom apartment complex! 6 units are about 800 square feet and 1 unit is larger- around 900 square feet. Single level living and plenty of parking for all tenants in the community. Owners have taken great care over the many years they've had it. Located close to downtown American Fork and just minutes away from I-15 this is a great place for anyone looking to live in Utah Valley. The property was built in 1972 and has a boiler system for heat that is cared for professionally and well maintained. The complex has a shared coin operated laundry room and each tenant is responsible for their own window A/C unit if they would like it. All 32 windows in the complex were replaced in 2012 and each unit has been updated at different times throughout the years. Fully occupied but rented below market values at this time. CAN EASILY RENT FOR MORE $$! Six tenants are on month to month lease contracts and one tenant has a lease ending in January 2023. Property is being sold As-Is. Square footage figures are provided as a courtesy estimate only and were obtained from COUNTY RECORDS and seller estimate per unit. Buyer is advised to obtain an independent measurement.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-09-25T12:39:03.103. 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/131232988
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495 E Main St American Fork, UT 84003

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 61 Days
  • Updated: 88 min ago
  • MLS #: 1830706
14
Beds
7
Baths
0
½ Baths
0.61
Acres
5,499
SQFT
$236
$/SQFT
1972
Built
Neighborhood:
Am Fork; Hlnd; Lehi; Saratog.
County:
Utah
Area:
Am Fork; Hlnd; Lehi; Saratog.
Elementary School:
Forbes
Middle School:
American Fork
High School:
American Fork
School District:
Alpine
Property Description
Fantastic investment opportunity in the heart of American Fork with this SEVEN unit- 2 bedroom,1 bathroom apartment complex! 6 units are about 800 square feet and 1 unit is larger- around 900 square feet. Single level living and plenty of parking for all tenants in the community. Owners have taken great care over the many years they've had it. Located close to downtown American Fork and just minutes away from I-15 this is a great place for anyone looking to live in Utah Valley. The property was built in 1972 and has a boiler system for heat that is cared for professionally and well maintained. The complex has a shared coin operated laundry room and each tenant is responsible for their own window A/C unit if they would like it. All 32 windows in the complex were replaced in 2012 and each unit has been updated at different times throughout the years. Fully occupied but rented below market values at this time. CAN EASILY RENT FOR MORE $$! Six tenants are on month to month lease contracts and one tenant has a lease ending in January 2023. Property is being sold As-Is. Square footage figures are provided as a courtesy estimate only and were obtained from COUNTY RECORDS and seller estimate per unit. Buyer is advised to obtain an independent measurement.
Exterior Features

Architectural Style Stories: 1 Attached Garage YN No Carport YN No Construction Materials Brick Construction Status Blt./Standing Covered Spaces 0 Frontage Length 0.0 Garage YN No Horse Property YN No Lot Features Corner LotCurb & GutterSidewalksSprinkler: Auto-Full Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking Spaces 16 Open Parking YN Yes Parking Features Parking: Uncovered Parking Total 16 Pool Private YN No Roof Asphalt RVParking Dimensions 0.00 Spa YN No Topography Corner LotCurb & GutterSidewalksSprinkler: Auto-FullTerrainFlat Vegetation Landscaping: FullMature Trees View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Bathrooms Total 7 Building Area Total 5499 Cooling YN No Fireplace YN No Flooring CarpetLaminateTile Heating Hot Water Heating YN True Rooms Total 0 Window Features Blinds

Property Features

Association YN No Current Use Residential Exclusions See Remarks Inclusions RangeRange HoodRefrigerator Irrigation Water Rights Acres 0 Lease Considered YN No Listing Terms CashConventional New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type > 4 Units Senior Community YN No Sewer Sewer: Connected Tax Annual Amount 4730 Utilities Natural Gas ConnectedElectricity ConnectedSewer ConnectedWater Connected Water Source CulinaryIrrigation: Pressure Zoning Multi-Family

Listing provided courtesy of Equity Real Estate (Results): 801-855-6370. 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 2022-09-25T12:39:03.103. 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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