PEARSON & ASSOCIATES

Front And Rear

441 S 500 E

Provo, UT 84606

MLS#: 2160818

$939,000

Status: Active
Listing number: 2160818
Listing provided by: Prime Real Estate Experts (Founders)
Listing agent phone: None
Last update: an hour ago
On site: 2 months ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

4,388

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.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.19

  • Lot Size(square feet)

    8,276

  • Property Type

    Residential

  • Property Sub Type

    Multi Family

  • Architectural Style

    Front And Rear

Price

  • Sales Price

    $939,000

  • Tax Amount

    $3,444

  • Sq. Footage

    4,388

  • Price/SqFt

    $213

HOA

  • Association

    No

Property Resources

  • Horse Property

    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 Darrin Webster , Prime Real Estate Experts (Founders)

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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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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.

441 S 500 E

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