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Provo, UT 84606
Property Facts | Property Features | Schools | 71 days on UtahRealEstate.com |
Discover this exceptional 4-plex nestled in a prime location just moments from downtown. Situated a mere three blocks east of the city center temple, this property offers unparalleled convenience to the heart of the city's vibrant attractions and amenities. Perfectly positioned near the UVX Bus Stop, commuting is a breeze for residents. Boasting a remarkable gross rental income exceeding $60,000 per year, this investment opportunity is truly lucrative. The 4-plex features two shared laundry rooms for added convenience, two covered parking spots for tenants' vehicles, and multiple large storage areas. With the potential to increase rent for long-term tenants, this property presents an enticing prospect for savvy investors looking to maximize returns in an unbeatable downtown location. New roof installed 6 years ago. There have been many other updates, such as new appliances, new and/or refinished floors, new paint, new lights, and a new water heater all within the past 5 years. The exterior paint is peeling in spots, but the metal siding is in great shape and just needs to be power washed and repainted. Seller is offering $10,000 concession to allow buyer to refinish the exterior (quote was under $8k). SHARED GAS/ELECTRIC METERS FOR THE FRONT TWO UNITS & THE BACK TWO UNITS. SHARED LAUNDRY FOR THE FRONT TWO UNITS & THE BACK TWO UNITS.
2.0% - The listing broker's offer of compensation is made only to participants of UtahRealEstate.com.
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View School Ratings by Utah Dept. of Education
GreatSchools Rating | School Name | Grades | Distance |
---|---|---|---|
6 |
Provo Peaks School Public Preschool, Elementary |
PK | 0.39 mi |
NR |
East Bay Post High School Public Middle School, High School |
7-12 | 0.75 mi |
NR |
The Journey: Blazing New Trails LLC Impact Ranch Public High School |
9-12 | 2.03 mi |
NR |
Willow Creek School Private High School |
10-12 | 0.26 mi |
NR |
Cornerstone Christian Academy Private Elementary, Middle School |
1-8 | 0.41 mi |
5 |
Provost School Public Elementary |
K-6 | 0.79 mi |
NR |
Discovery Academy Private Middle School, High School |
8-12 | 0.83 mi |
2 |
Franklin School Public Preschool, Elementary |
PK | 0.92 mi |
4 |
Timpanogos School Public Elementary |
K-6 | 0.94 mi |
NR |
Provo District Preschool, Elementary, Middle School, High School |
0.99 mi | |
NR |
Eschool@Provo School District Public Elementary, Middle School, High School |
K-12 | 0.99 mi |
2 |
Dixon Middle School Public Middle School |
7-8 | 1.07 mi |
7 |
Wasatch School Public Elementary |
K-6 | 1.17 mi |
NR |
Sterling Heights Montessori Private Preschool, Elementary |
PK | 1.29 mi |
NR |
Freedom Academy Preschool, Elementary, Middle School, High School |
1.67 mi |
School data provided by GreatSchools.
For information about radon testing for homes in the state of Utah click here.
Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.
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