

Two Story Twin - Richfield
Multifamily | 2 Units | $499,900/unit
Marketing description
Versatile ownership opportunity located in Richfield City under RM-11 zoning. This beautifully maintained twin home offers flexibility for both owner-occupants and investors. Currently operating as a licensed short-term rental with established performance, the property may continue as an income-producing asset (subject to local regulations & buyer verification) or transition seamlessly into a primary residence or second home. Interior upgrades include an upscale kitchen, black windows, upgraded garage door, three-tone interior paint, quality carpet, higher-end laminate flooring, & ceiling fans throughout. Exterior features include attractive landscaping and a nearly fully fenced yard, enhancing both everyday living and guest appeal. Financial performance is based on approximately eight months of actual 2025 short-term rental operations and has been annualized to reflect stabilized performance. Detailed financials available upon request. The sale includes furnishings currently used in rental operations, allowing for a smooth, turnkey transition. Personal property to transfer via a separate bill of sale at closing. The property may be purchased individually or together with a second nearby income-producing property with a separate tax ID, creating a unique portfolio expansion opportunity.
Investment highlights
Properties have separate tax IDs and independent income streams. Seller preference is for a simultaneous sale with a companion short-term rental, though properties may be purchased separately. Detailed income documentation available upon request. Subject to sellers 1031 Exchange
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