Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1911
Sq.Footage
2,660
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.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
NO
-
Heating
None
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.18
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Stories: 3
Price
-
Sales Price
$765,000
-
Tax Amount
4055.0
-
Sq. Footage
2, 660
-
Price/SqFt
$287
HOA
-
Association
No
School District
-
Elementary School
Provo
-
Middle School
Dixon
-
High School
Provo
Property Features
-
Senior Community YN
NO
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Location
County
Utah
Elementary School
Provo
Middle School
Dixon
High School
Provo
Listing Courtesy of Benjamin W Ostler , ERA Brokers Consolidated (Ogden)
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