PEARSON & ASSOCIATES

Up And Down

1785 N 550 W

Provo, UT 84604

MLS#: 2166075

$575,000

Status: Active
Listing number: 2166075
Listing provided by: KW WESTFIELD
Listing agent phone: None
Last update: 3 hours ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1944

Sq.Footage

1,692

What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. If you'd like to rent the basement as well it hasn't had any issues pulling in $1,300- $1,400 a month in rent. Upstairs is on a lease till end of Summer 2026 at $1,700. Tenants pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits. Basement is vacant and easy to show, please do NOT disturb the upstairs tenants until offer time. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Lighting

  • Parking

    Covered

  • Patio and Porch Features

    Covered

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.17

  • Lot Size(square feet)

    7405.2

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Up And Down

Price

  • Sales Price

    $575,000

  • Tax Amount

    $2,502

  • Zoning

    RC

  • Sq. Footage

    1, 692

  • Price/SqFt

    $339

HOA

  • Association

    No

School District

  • Elementary School

    Provo

  • Middle School

    Centennial

  • High School

    Timpview

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

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Location

County

Utah

Elementary School

Provo

Middle School

Centennial

High School

Timpview

Listing Courtesy of Carl Spencer , KW WESTFIELD

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Agent Micah Pearson

Principal Broker

Micah Pearson

Call Micah today to schedule a private showing.

(801) 225-7272

micahpearson@gmail.com


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What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. If you'd like to rent the basement as well it hasn't had any issues pulling in $1,300- $1,400 a month in rent. Upstairs is on a lease till end of Summer 2026 at $1,700. Tenants pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits. Basement is vacant and easy to show, please do NOT disturb the upstairs tenants until offer time. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

1785 N 550 W

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