270 N 400 W, Provo, UT 84601 - MLS#2125972 - Jerome Bennett

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Jerome Bennett

jerome@utahhomelistings.com +1(801) 913-1385

$765,000

Est. payment - /mo

5 Beds

4 Baths

2,660 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,660 sqft

Price per Sqft $287

MLS Listing ID 2125972

Style Stories: 3

Bedrooms 5

Construction Status Blt./Standing

HOA Y/N No

Year Built 1911

Annual Tax Amount $4,055

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

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.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Interior

Fireplace No

Exterior

View Y/N No

Roof Type Asphalt

Present Use Residential

Private Pool No

Building

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Timpanogos

Middle Schools Dixon

High Schools Provo

School District Provo

Others

Senior Community No

Tax ID 04-087-0009

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Listed by ERA Brokers Consolidated (Ogden)

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Jerome Bennett

+1(801) 913-1385

Principal Broker | License ID: 5451352-PB00

Principal Broker License ID: 5451352-PB00

270 N 400 W Provo, UT 84601

Jerome Bennett

Key Details

Location

Interior

Exterior

Building

Schools

Others

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