168 S 300 E PROVO, UT 84606

Features

• Price/sqft: $341
• Lot Size: 7841 sq. ft.
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Stories: 150
• Roof Type: GABLE
• Heating: Central Furnace,Space Heater
• Exterior Walls: Metal

Facts

• Year Built: 01/01/1942
• Property ID: 860851918
• MLS Number: 1993162
• Parcel Number: 05-018-0005
• Property Type: Single Family Home
• County: UTAH
• Legal Description: COM. 50 FT S OF NE COR OF LOT 1, BLK 18, PLAT B, PROVO CITY SURVEY; S 56 FT; W 140.38 FT; N 56 FT; E 140.38 FT TO BEG
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Discover this exceptional 4-plex nestled in a prime location just moments from downtown. Situated a mere three blocks east of the city center temple, this property offers unparalleled convenience to the heart of the city's vibrant attractions and amenities. Perfectly positioned near the UVX Bus Stop, commuting is a breeze for residents. Boasting a remarkable gross rental income exceeding $60,000 per year, this investment opportunity is truly lucrative. The 4-plex features two shared laundry rooms for added convenience, two covered parking spots for tenants' vehicles, and multiple large storage areas. With the potential to increase rent for long-term tenants, this property presents an enticing prospect for savvy investors looking to maximize returns in an unbeatable downtown location. New roof installed 6 years ago. There have been many other updates, such as new appliances, new and/or refinished floors, new paint, new lights, and a new water heater all within the past 5 years. The exterior paint is peeling in spots, but the metal siding is in great shape and just needs to be power washed and repainted. Seller is offering $10,000 concession to allow buyer to refinish the exterior (quote was under $8k). SHARED GAS/ELECTRIC METERS FOR THE FRONT TWO UNITS & THE BACK TWO UNITS. SHARED LAUNDRY FOR THE FRONT TWO UNITS & THE BACK TWO UNITS.