28 W 300 S, Springville, UT 84663
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
28 W 300 S,Springville, UT 84663
$1,700,000
- 29 Beds
- 14 Baths
- 11,805 sq. ft.
- Multi-family
- Active
Listed by: lisa a fluty
Office: homes international
MLS#:2189137
Source:SL
Price summary
- Price:$1,700,000
- Price per sq. ft.:$144.01
About this home
Seller is motivated and has reduced the price. Making this rare opportunity more affordable to own "The Cottages" of Springville, Utah. 100% occupied, 12-unit property conveniently located just off Main Street in the heart of Springville, Utah. Springville is strategically located between southern Provo and Spanish Fork, providing a convenient base for residents who work, study, or spend time in the surrounding area. This parcel consists of 3 duplexes, 6 single family homes, 9 individual garages. 29 total bedrooms, 14 baths. With current gross rents over $11,300 per month, an attractive cap rate, and projected long-term returns, this property is ideally positioned for both immediate cash flow and appreciation. All leases are monthly, except two units, giving the new owner an opportunity to evaluate adjustments as leases allow since rents have not been increased in several years. Buyers should independently verify market rent potentials, garage rent potentials, pet rent potentials and review the current leases. All units come with washer, dryer, refrigerator, range, dishwasher, window AC unit. Excluded items: Tenant personal property including but not limited to all microwaves, all curtain rods and drapes, all ring doorbells, all cameras. Buyer to verify with city all possible uses of this property including but not limited to hotel/motel, short term rental, bed and breakfast Inn all uses are subject to city approval and buyer to verify. Seller has adjacent parcel for sale see MLS #2189099. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement....
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Home facts
- Year built:1935
- Subdivision & Development:THE COTTAGES
- Listing ID #:2189137
- Added:17 day(s) ago
- Updated:October 21, 2026 at 12:05 PM
Rooms and interior
- Bedrooms:29
- Total bathrooms:14
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher: Built-In, Kitchen: Updated, Range/Oven: Free Stdng.
- Living area:11,805 sq. ft.
Heating and cooling
- Heating:Gas: Radiant
Structure and exterior
- Roof:Asbestos Shingle, Asphalt, Membrane
- Year built:1935
- Building area:11,805 sq. ft.
- Lot area:0.52 Acres
- Lot Features:Curb & Gutter, Fenced: Partial, Flat, Sidewalks
- Construction Materials:Brick, Cinder Block, Stucco
- Exterior Features:Patio: Open, Porch: Open
Schools
- High school:Springville
- Elementary school:Westside
Utilities
- Water:Culinary, Water Connected
- Sewer:Sewer Connected, Sewer: Connected
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$144.01
- Tax amount:$8,345
Parking
- Total parking spaces:21
- Parking description:8-11 Car, Covered, Detached, Parking: Uncovered
- Garage spaces:9
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