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55 E 400 N, Nephi, UT 84648
$439,000
55 E 400 N, Nephi, UT 84648
Type
SFR
List Price
$439,000
Price/Sqft
$199
Est Gross Yield
5.2%
$23,040/yr est.
Property Details
Description
Welcome home to this beautifully maintained all-brick rambler offering 5 bedrooms, 2 bathrooms, and a property that has been lovingly cared for inside and out. The backyard is truly a standout, featuring a large garden area, inviting covered patio, and a cozy fire pit gathering space that is included with the sale. An existing concrete pad is already in place, providing the perfect spot for a future gazebo, pergola, or hot tub to create your own backyard retreat. Inside, you'll find spacious living areas with a fireplace, wood-burning heat options, and three generously sized bedrooms on the main level. The basement offers its own exterior entrance, creating endless possibilities for a home-based business, private office, hobby space, or multi-use area. With a few modifications, it also offers excellent potential for a future basement apartment. The basement includes two additional bedrooms, one currently being used as a kitchenette area, along with a large storage and utility room. Additional amenities include RV parking, a 10x20 storage shed, carport, a wood-burning stove hookup ready for the stove of your choice, and one share of Nephi Irrigation for pressurized irrigation. Located just minutes from schools, shopping, and the commercial district, you'll also love being within walking distance of Nephi City Park and the community swimming pool. Enjoy easy access to playgrounds, open green space, sports fields, community events, and summer days at the pool-all just a short stroll from your front door. Whether you're looking for room to grow, space to entertain, or the opportunity to combine home and business, this well-cared-for property is one you won't want to miss.
Listed by Meadow Perides · The Agency Salt Lake City (Nephi)
Location
55 E 400 N, Nephi, UT 84648
Proforma
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Cap Rate
3.49%
Cash-on-Cash
-3.16%
Cash Flow
-$434/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 7/29/2026, 8:08:32 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.