842 S 50 E, Orem, UT 84058
842 S 50 E, Orem, UT 84058
842 S 50 E, Orem, UT 84058
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The Perry Group

The Perry Group

+1(801) 871-5259
$959,000
Est. payment /mo
8 Beds
6 Baths
4,131 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,131 sqft

Price per Sqft $232

Subdivision Holly Lane

MLS Listing ID 2145835

Style Front And Rear

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1976

Annual Tax Amount $4,054

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

Excellent investment opportunity in one of Orem's strongest rental corridors - just minutes from UVU, Frontrunner, and everyday amenities. This 4-plex features four spacious 2 bed | 1.5 bath units on a generous 0.30-acre lot with 8 covered carports & an enclosed garage. Three units are currently rented to long-term, reliable tenants. *Existing cash flow from stabilized tenants *Proven rental demand near 2 Universities *Room to build significant equity in a tight rental market. New carpet to be installed in 842 next week. Whether you're looking for steady monthly income or a solid value-added project with upside, this 4-plex checks every box. Add this to your investment portfolio today. Click link for Matterport tour - https://property-website.droneandvirtualtours.com/order/f2eecd49-cec8-4105-a710-08de85b24b23

Location

State UT

County Utah

Area Orem; Provo; Sundance

Zoning Multi-Family

Interior

Interior Features Disposal, Range/Oven: Free Stdng.

Heating Electric

Flooring Carpet, Vinyl

Inclusions Dishwasher: Portable, Range, Refrigerator, Window Coverings

Equipment Window Coverings

Fireplace false

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Lighting

Garage Spaces 1.0

Carport Spaces 8

Utilities Available Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain

Accessibility Accessible Electrical and Environmental Controls

Total Parking Spaces 9

Private Pool false

Building

Lot Description Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain

Faces East

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Front And Rear

Structure Type Aluminum,Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Westmore

Middle Schools Lakeridge

High Schools Mountain View

School District Alpine

Others

Senior Community No

Tax ID 41-054-0007

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Virtual Tour https://property-website.droneandvirtualtours.com/order/f2eecd49-cec8-4105-a710-08de85b24b23

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Listed by Advantage Management & Real Estate Services LLC

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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842 S 50 E