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171 N 700 E, Richfield, UT 84701
$374,000Single Family at 171 N 700 E, Richfield, UT
171 N 700 E, Richfield, UT 84701
Type
SFR
List Price
$374,000
Price/Sqft
$166
Est Gross Yield
6.4%
$24,000/yr est.
Property Details
Description
Welcome to this beautifully updated Richfield property offering two attached homes with incredible income-producing potential! Situated on a spacious 0.29-acre lot in a desirable neighborhood near schools, shopping, dining, and parks, this unique property combines modern upgrades, comfortable living, and an excellent investment opportunity. The 1,395-square-foot main home features 3 bedrooms, 2 bathrooms, and an inviting open floor plan with numerous recent improvements. Updates include brand-new stucco, new windows, fresh carpet, and upgraded kitchen appliances. The spacious living area flows seamlessly into the kitchen, while double sliding glass doors open to a large covered patio, perfect for entertaining or relaxing. Step outside to a beautiful, fully fenced backyard featuring mature trees, plenty of green space, and a peaceful setting to enjoy Utah's beautiful seasons. Whether you're hosting summer barbecues, spending time with family, or simply enjoying the outdoors, this backyard offers the perfect retreat. What truly sets this property apart is the second attached home, offering 856 square feet of additional living space and excellent income-producing potential! Featuring 1 bedroom, 1 bathroom, a full kitchen, beautiful hardwood floors, a cozy fireplace, and updated interior finishes, this additional home provides an incredible opportunity for rental income, multigenerational living, or accommodating extended family and guests. With two separate living spaces under one roof, the possibilities are endless! Additional highlights include a covered two-car carport with attached storage, providing convenient parking and extra space for your belongings. Live in one home and explore the opportunity to generate income from the other! Whether you're looking for a primary residence with added financial flexibility, a multigenerational living arrangement, or an investment opportunity, this property offers versatility and value that's hard to find. Two attached homes, modern updates, a beautiful backyard, and income-producing potential--all in a fantastic Richfield location!
Listed by Jaimi Carrie Payne · Red Rock Real Estate LLC (Central)
Location
171 N 700 E, Richfield, UT 84701
Proforma
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Cap Rate
4.27%
Cash-on-Cash
-1.09%
Cash Flow
-$128/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 11/15/2026, 2:04:58 AM. 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.