720 E 1720 S

Orem, UT 84097
  • $935,000

    Price
  • 8

    Bed
  • 6

    Bath
  • 4,000

    SqFt

About the Listing 58358 - 97466,0

Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.

Listing Highlights

Status Active
Days on Site 34
Property Type Residential
MLS ® 2174532
Year Built 1967
Total Square Footage 4,000
Lot/Acreage 0.27
County Utah
Neighborhood Dream Meadow
School District Alpine
Elementary School Centennial
Middle School Lakeridge
High School Orem

Interior Details

  • Bedrooms: 8
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Gas: Central
  • Fireplaces:
  • Floor: Carpet,Laminate,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Culinary

Exterior Details

  • Lot Description: Cul-De-Sac
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 0.0x0.0x0.0
  • Zoning: Multi-Family
  • Roof: Asphalt
  • Others: Blt./Standing
  • Sewer: Sewer: Connected
  • Parking Features: Parking: Uncovered

Financial Details

  • Tax Amount: $3,906
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 37-022-0002
  • Tax Year: N/A

Payment Calculator

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Questions About..

720 E 1720 S Orem, UT 84097

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Originating MLS: UtahRealEstate.com

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