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Property Description

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.

Features
: Gas: central, Space heater
: 6
: 2
: Blinds, Drapes
: Basketball standard
: Basement entrance, Lighting
: Alarm: fire, Dishwasher: built-in, Range/oven: built-in, Basement apartment
: Carpet, Tile, Hardwood
: Range, Refrigerator, Ceiling fan, Dryer, Microwave, Washer, Range hood, Window coverings
: Aluminum, Asphalt
: Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
: Sewer: Connected
Additional Information
4120
Single-Family, Multi-Family
Provo Peaks
KW South Valley Keller Williams
$0
Timpview
Provo
Provo
Centennial
Provo
$999,999
48
05-018-0005
0.00
Fenced: Part, Road: Paved, Sidewalks, View: Mounta
East
Fenced: Full,secluded,sidewalks,sprinkler: Auto-full

Residential For sale

168 S 300 E, Provo, Utah 84606

8 Bedrooms
4,716 Sqft
$995,000
Listing ID #1993162
Basic Details
Status : Active
Property Type : Residential
Property sub-type : Quadruplex
Listing Type : For sale
Listing ID : 1993162
Price : $995,000
Bedrooms : 8
Sqft : 4,716 Sqft
Year Built : 1942
Lot Area : 0.18 Acre
Country : US
State : UT
County : Utah
City : Provo
Zipcode : 84606
DOM : 58
Neighborhood : Provo
Contact Agent
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