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1412 E CENTER ST, Springville, UT 84663
$525,000
1412 E CENTER ST, Springville, UT 84663
Type
SFR
List Price
$525,000
Price/Sqft
$177
Est Gross Yield
4.9%
$25,872/yr est.
Property Details
Description
PRICE IMPROVEMENT! An incredible investment or owner-occupant opportunity awaits right in the heart of Springville, complete with a rare financial advantage: a phenomenal 4.9% assumable FHA loan! With an existing loan balance of $275K available to take over, qualified buyers can lock in this exceptional below-market interest rate and simply bring the difference with a loan+ the down payment. Recent appraisal in hand for asking price. Nestled along the highly sought-after corridor of East Center Street-framed by sweeping, unobstructed views of the Wasatch Mountains-lies a property offering something virtually impossible to duplicate in today's market: a charming, light-filled primary residence paired with the expansive, dedicated land parcel directly behind it. Opportunities of this scale and versatility rarely surface in Springville. Step inside to discover a thoughtful, welcoming layout designed for both quiet everyday living and effortless entertaining. Sun-drenched living spaces welcome you home, while every window frame offers a reminder of Springville's iconic mountain backdrop. But the true crowning jewel lies just past the back door. Tankless water heater only 2 years old. Furnace is 5 years old. The inclusion of the vast rear lot unlocks a level of freedom and privacy that standard residential homes simply cannot match. Envision your dream setup: The Ultimate Hobbyist's Haven: Space to construct a massive detached workshop, custom RV garage, or artist studio. An Outdoor Paradise: Room for a resort-style swimming pool, pickleball court, sprawling organic gardens, or an expansive outdoor kitchen and fire pit pavilion. Future Land Utility: Long-term land retention, buffer-space privacy, or exploring potential future development options. Perfectly positioned just moments from Hobble Creek Canyon, top-tier schools, local parks, and Springville's historic downtown, this home combines serene mountain-bench living with urban convenience. Whether you are looking for room to breathe, space to build, or a wise real estate investment, this double-parcel offering is an absolute must-see.
Listed by Tiffany Barnes · Presidio Real Estate (South Valley)
Location
1412 E CENTER ST, Springville, UT 84663
Proforma
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Cap Rate
3.28%
Cash-on-Cash
-3.73%
Cash Flow
-$612/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/24/2026, 4:44:17 PM. 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. Listing data provided by UtahRealEstate.com.