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About the Listing 99000132 - 92748,4022703
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
2160818
Year Built
1925
Total Square Footage
4,388
Lot/Acreage
0.19
County
Utah
School District
Provo
Elementary School
Provo Peaks
Middle School
Centennial
High School
Timpview
Interior Details
- Bedrooms: 7
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Kitchen: Updated
- Water: Culinary
Exterior Details
- Lot Description: Curb & Gutter,Road: Paved
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 0.0x0.0x0.0
- Roof: Asphalt
- Others: Blt./Standing
- Sewer:
Financial Details
- Tax Amount: $3,444
- Taxes w/Assessments: N/A
- Tax/Property ID: 05-048-0007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
441 S 500 E Provo, UT 84606
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