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,… Read More 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 725K and a price per door of just 178.5K Charming curb appeal and ample off street parking. As far as unit & financial details are concerned, 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. Read Less
Courtesy of Benjamin W Ostler, ERA Brokers Consolidated (Ogden) 801-627-6500
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
5
Square Ft.
2,660
Lot Size
0.18 Acres
Year Built
1911
MLS Number
2165561
Additional Details
Building
Architectural Style: Stories: 3, Building Area Total: 2660, Living Area: 2660, Living Area Units: Square Feet, Year Built: 1911
Property
Current Use: Residential, Direction Faces: West, Parcel Number: 04-087-0009, Property Condition: Blt./Standing, Property Sub Type: Quadruplex, Property Type: Residential
Lot
Lot Size Acres: 0.18, Lot Size Area: 0.18, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 7840, Lot Size Units: Acres
Taxes
Tax Annual Amount: 4055
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