270 N 400 W

Provo, UT 84601

Stories: 3

Provo, UT 84601

270 N 400 W

$715,000

MLS#: 2165561

Status: Active

Listing provided by: ERA Brokers Consolidated (Ogden)

Listing agent phone: None

Last update: 4 hours ago

New on site today

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About

Provo 4 Plex, 5 total bedrooms, 4 total bathrooms. 2 Studios, a 1 bedroom, and a 2 bedroom apartment. This Provo multifamily property presents a unique opportunity for investors and house-hackers alike. A prime location in Provo with easy access to amenities, close proximity to BYU, an attainable price point, and recent upgrades in the form of a new roof, fascia, soffit, and gutter system all of which will benefit new ownership for years to come. Not sold yet? This 4-unit apartment building checks all the boxes: 5% Cap Rate with room to increase profitability Ideal location just a few blocks away from BYU Purchase price under 725K and a price per door of just 178.5K Charming curb appeal and ample off street parking. As far as unit & financial details are concerned, The 2 bedroom apartment is not currently rented and will be delivered vacant at closing. Rent it out to maximize rental income, or take advantage of this awesome multi-unit house hack by moving in yourself! The other 3 units are being rented for a total income of $2,550 per month with room to increase rents (Studio 1: $800 per month, Studio 2: $850 per month, 1 Bedroom Apartment: $900 per month). The owner currently pays gas, water, and sewer.

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

1911

Sq.Footage

2,660

Features

Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.18

  • Lot Size(square feet)

    7840.8

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 3

Price

  • Sales Price

    $715,000

  • Tax Amount

    $4,055

  • Sq. Footage

    2, 660

  • Price/SqFt

    $268

HOA

  • Association

    No

School District

  • Elementary School

    Provo

  • Middle School

    Dixon

  • High School

    Provo

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Utah

  • Elementary School

    Provo

  • Middle School

    Dixon

  • High School

    Provo

Listing Courtesy of Benjamin W Ostler , ERA Brokers Consolidated (Ogden)

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270 N 400 W

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