$921,700
$949,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,444 SqFt
SOLD DATE : 11/18/2022
Key Details
Sold Price $921,700
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,444 sqft
Price per Sqft $267
Subdivision Royal Gem
MLS Listing ID 1846234
Sold Date 11/18/22
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1969
Annual Tax Amount $3,050
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.0x0.0x0.0
Property Description
Be sure to check out the 3D and first-person fly through tours by clicking on the tour button. This all brick four-plex is located in a highly sought after multi-unit area of Orem with excellent and tidy long term tenants. This building is in excellent condition and has had tons of updates. All four units have new cabinets, countertops, appliances, paint, and flooring. Brand new roof, landing and stairway. Many of the windows and shower surrounds are new. The upper two units have central air. Many of the furnaces and water heaters are new. The rents are low for the area and could be raised to around $1,500 per month if desired. The owner pays the garbage ($55 per month) and the water and sewer ($170 per month). The units are all under lease agreements through the end of July at $1,100 per month with a $50 discount if paid on time. The location is very convenient with close access to shopping and dining, as well as UVU and BYU.
Location
State UT
County Utah
Area Pl Grove; Lindon; Orem
Zoning Multi-Family
Interior
Interior Features Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Forced Air, Gas: Central
Flooring Carpet, Tile
Fireplace false
Window Features Blinds
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Double Pane Windows
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
Parking Type Parking: Uncovered
Total Parking Spaces 8
Private Pool false
Building
Lot Description Sidewalks, Sprinkler: Auto-Full, View: Mountain
Faces South
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Sharon
Middle Schools Canyon View
High Schools Orem
School District Alpine
Others
Senior Community No
Tax ID 51-050-0001
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Cash
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Bought with Old Mill Realty