270 400, Provo, UT 84601
5BD/—BA Residential in Provo, UT 84601. 2,660 sqft. Built 1911. Listed at $735,000. MLS #2125972.
5BD/—BA Residential in Provo, UT 84601. 2,660 sqft. Built 1911. Listed at $735,000. MLS #2125972.
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.
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 3
County
Utah
Lot Size
0.18 sq ft
Condition
Blt./Standing
MLS #
2125972
Property Type
Residential
Property Style
Quadruplex
Architectural Style
Stories: 3
County
Utah
Lot Size
0.18 sq ft
Condition
Blt./Standing
MLS #
2125972
List Price
$735,000
Original Price
$765,000
Annual Taxes
$4,055
Home Warranty
No
List Price
$735,000
Original Price
$765,000
Annual Taxes
$4,055
Home Warranty
No
Roof
Asphalt
Roof
Asphalt
Covered Spaces
0
Total Parking
5
Covered Spaces
0
Total Parking
5
$475,000
+55% vs median
62 days
182
$189,900 – $43,000,000
$4,055
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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