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$ 765,000
Est. payment /mo
New
270 N 400 W Provo, UT 84601
5 Beds
4 Baths
2,660 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,660 sqft
Price per Sqft $287
MLS Listing ID 2125972
Style Stories: 3
Bedrooms 5
Construction Status Blt./Standing
HOA Y/N No
Year Built 1911
Annual Tax Amount $4,055
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Quadruplex
Property Description
Provo 4 Plex, 5 total bedrooms, 4 total bathrooms. 2 Studios, a 1 bedroom, and a 2 bedroom apartment. This Provo multifamily property presents a unique opportunity for investors and house-hackers alike. A prime location in Provo with easy access to amenities, close proximity to BYU, an attainable price point, and recent upgrades in the form of a new roof, fascia, soffit, and gutter system all of which will benefit new ownership for years to come. Not sold yet? This 4-unit apartment building checks all the boxes: 5% Cap Rate with room to increase profitability Ideal location just a few blocks away from BYU Purchase price under 800K and a price per door of just 191K Charming curb appeal and ample off street parking Unit & Financial Details: The 2 bedroom apartment is not currently rented and will be delivered vacant at closing. Rent it out to maximize rental income, or take advantage of this awesome multi-unit house hack by moving in yourself! The other 3 units are being rented for a total income of $2,550 per month with room to increase rents (Studio 1: $800 per month, Studio 2: $850 per month, 1 Bedroom Apartment: $900 per month). The owner currently pays gas, water, and sewer.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Asphalt
Present Use Residential
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Timpanogos
Middle Schools Dixon
High Schools Provo
School District Provo
Others
Senior Community No
Tax ID 04-087-0009
Listed by ERA Brokers Consolidated (Ogden)