441 500, Provo, UT 84606
7BD/—BA Residential in Provo, UT 84606. 4,388 sqft. Built 1925. Listed at $999,000. MLS #2136905.
7BD/—BA Residential in Provo, UT 84606. 4,388 sqft. Built 1925. Listed at $999,000. MLS #2136905.
SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 7%-cap potential (if self managed), simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Check out the pictures: NOT your "average" 6-plex. Tenants enjoy use of a secure, free laundry area in basement. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Front And Rear
County
Utah
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2136905
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Front And Rear
County
Utah
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2136905
List Price
$999,000
Original Price
$1,050,000
Annual Taxes
$3,444
Home Warranty
No
List Price
$999,000
Original Price
$1,050,000
Annual Taxes
$3,444
Home Warranty
No
Roof
Asphalt
Water Source
Culinary
Roof
Asphalt
Water Source
Culinary
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Elementary
Provo PeaksMiddle School
CentennialHigh School
TimpviewSchool District
Provo
$475,000
+110% vs median
52 days
218
$179,900 – $43,000,000
$3,444
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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