Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1969
Sq.Footage
4,158
This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame
-
Pool
No
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Stories: 2
Price
-
Sales Price
$1,150,000
-
Tax Amount
3969.0
-
Zoning
MULTI
-
Sq. Footage
4, 158
-
Price/SqFt
$276
HOA
-
Association
No
School District
-
Elementary School
Alpine
-
Middle School
Canyon View
-
High School
Orem
Property Features
-
Accessibility Features
Accessible Doors, Accessible Hallway(s)
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Utah
Elementary School
Alpine
Middle School
Canyon View
High School
Orem
Listing Courtesy of Kian Torimi , Selling Salt Lake
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