Beautifully Renovated Mixed-Use Property Ideal Investment Opportunity This fully remodeled property offers a blend of residential and commercial space, designed with both functionality and style in mind. Unit 1 features a high-visibility office space with prominent street frontage, large picture windows, and a convenient half bath - perfect for a boutique business or professional office. Units 2, 3, and 4 are thoughtfully updated residential apartments: Unit 2: Spacious 2-bedroom, bath Unit 3: Cozy 1-bedroom, bath Unit 4: Bright 2-bedroom, bath Each unit includes its own private exterior entrance, energy-efficient mini-split, in-unit washer/dryer hookups, and all major appliances. With projected rental income of approximately $4,000/month, this property offers strong cash flow potential. The landlord currently covers all utilities, simplifying management. Additional features include a 24'x22' detached garage ideal for storage or additional rental income potential. Square footage is approximate for each unit. Don't miss this exceptional opportunity to own a turn-key income property with modern updates and prime versatility.
For sale
Price cut: $90K (5/19)
$599,000
56 E Center St #1, Richfield, UT 84701
5beds
4baths
4,500sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$561,600 Zestimate®
$133/sqft
$-- HOA
What's special
Energy-efficient mini-splitAll major appliancesPrivate exterior entranceProminent street frontageLarge picture windowsConvenient half bath
- 98 days
- on Zillow |
- 96 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 01:20pm
Listed by:
Freida Keisel 435-896-5550,
Coldwell Banker Preferred Properties,
Karly Freeborn 435-979-7737,
Coldwell Banker Preferred Properties
Source: UtahRealEstate.com,MLS#: 2076282

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Rooms
- Room types: Updated Kitchen
Heating
- Electric
Features
- Flooring: Carpet, Laminate, Tile, Concrete
- Windows: Blinds, Drapes
- Has fireplace: No
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Open
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Fully Accessible, Customized Wheelchair Accessible
Features
- Levels: Two
- Patio & porch: Patio, Open Patio
- Fencing: Partial
- Frontage length: 53
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 53.0 x 100.0 x 0.0
- Features: Curb & Gutter
- Residential vegetation: Landscaping: Full
Details
- Parcel number: 12114 +
- Zoning description: Multi-Family, Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone, Stucco
- Roof: Asbestos Shingle
Condition
- Blt./Standing
- New construction: No
- Year built: 1950
Utilities & green energy
- Water: Culinary
- Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
HOA
- Has HOA: No
Location
- Region: Richfield
Financial & listing details
- Price per square foot: $133/sqft
- Annual tax amount: $3,694
- Date on market: 4/9/2025
- Listing terms: Cash,Commercial Fin. Req.,Conventional
- Inclusions: Dryer, Range, Refrigerator, Washer
- Acres allowed for irrigation: 0
- Electric utility on property: Yes
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