441 S 500 E, Provo, UT 84606
441 S 500 E, Provo, UT 84606
441 S 500 E, Provo, UT 84606
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The Perry Group

The Perry Group

+1(801) 871-5259
$949,000
Est. payment /mo
7 Beds
6 Baths
4,388 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,388 sqft

Price per Sqft $216

MLS Listing ID 2160818

Style Front And Rear

Bedrooms 7

Construction Status Blt./Standing

HOA Y/N No

Year Built 1925

Annual Tax Amount $3,444

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

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.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Interior

Interior Features Kitchen: Updated

Fireplace false

Exterior

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Road: Paved, Terrain, Flat

Private Pool false

Building

Lot Description Curb & Gutter, Road: Paved

Faces West

Water Culinary

Architectural Style Front And Rear

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Provo Peaks

Middle Schools Centennial

High Schools Timpview

School District Provo

Others

Senior Community No

Tax ID 05-048-0007

Acceptable Financing Cash, Commercial Fin. Req., Conventional

Horse Property No

Listing Terms Cash, Commercial Fin. Req., Conventional

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Listed by Prime Real Estate Experts (Founders)

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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441 S 500 E