$939,000

Multi Family In Provo

  • 7 Beds
  • 6 Baths
  • 4,388 Sqft
  • 8,277 Sqft lot
  • Updated: August 2
  • Source:
    UtahRealEstate (Wasatch Front)  MLS#2160818

About the Property

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! Chec
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.
  • Property type

    Other

  • Year built

    1925

  • Price/sqft

    $213

Explore the Area

441 S 500 E, Provo, Utah, United States View on Google Maps
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Prime Real Estate Experts (Founders) - Lehi

Joined 9 months ago
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Prime Real Estate Experts (Founders) - Lehi
Utah, United States
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4
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2025
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Prime Real Estate Experts (Founders) - Lehi
Lehi, Utah, United States
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Last updated
August 2
First listed
May 28
Listing reference
2160818
Listing status
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