350 S 900 E new Save Request In-Person Tour Request Virtual Tour
Provo,UT 84606
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 16,562 sqft
Price per Sqft $196
MLS Listing ID 2085105
Style Stories: 2
Bedrooms 45
Year Built 1964
Annual Tax Amount $11,328
Lot Size 0.740 Acres
Property Sub-Type > 4 Units
Property Description
Great investment opportunity south of BYU, providing positive cashflow from day one! This truly unique twelve-plex boasts large four-bedroom two-bathroom units, generating total annual gross rents of $249,600. (Based on actual current rents.) Current owner has experienced very low tenant turnover and has always had high demand for these large, family friendly units. All tenants are on a month-to-month contract. Major improvements made in the last 10 years include a metal roof and new water lines from the city meter to the buildings. Each unit has a wood burning fireplace in addition to a furnace. Large parking lot provides ample parking for tenants. Seller is motivated. Do not disturb tenants. Make offers subject to inspection. All information is provided as a courtesy - Buyer is advised to independently verify all information.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Multi-Family
Interior
Heating Gas: Central
Flooring Carpet,Laminate,Tile
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Metal
Building
Lot Description Fenced: Part,Sprinkler: Auto-Full,View: Mountain
Sewer Sewer: Connected
Water Culinary
Structure Type Cinder Block,Stone,Stucco
New Construction No
Schools
Elementary Schools Provost
Middle Schools Centennial
High Schools Timpview
School District Provo
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional