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For sale
  • Price cut: $90K (5/19)
    $599,000

    56 E Center St #1, Richfield, UT 84701

    5beds
    4baths
    4,500sqft
    : 
    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
    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.
    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#: 2076282MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 56 E Center St #1.

    Next available tour time:Tomorrow at 11am

    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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