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Kristopher Larson

info@bestutahrealestate.com +1(435) 773-3942

$ 1,399,999

Est. payment -/mo

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Active

1531 S 450 ST E Orem, UT 84058

12 Beds

4 Baths

4,152 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,152 sqft

Price per Sqft $337

MLS Listing ID 2117810

Style Up And Down

Bedrooms 12

Construction Status Blt./Standing

HOA Y/N No

Year Built 1984

Annual Tax Amount $4,149

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Quadruplex

Property Description

WHAT YEAR IS IT?!?! 4.25% seller financing rate!!! HOLY COW!!! $400k down and balloon payment due 06/30/2027. Take advantage of this low introductory rate and get ahead on your end-game, ready to go 4-plex! Location, location, location! Step into one of the best investment opportunities Orem has to offer. This stunningly remodeled 4-plex places tenants right in the center of the action, mere minutes from the vibrant University Place shopping center and offering unparalleled convenience to both BYU and UVU campuses. This isn't your average rental property. Over the last few years, the entire building has been transformed with modern, attractive features that tenants love, including sleek quartz countertops, durable LVP flooring, and sparkling stainless steel appliances. Comfort is guaranteed with brand-new windows and a one-year-old HVAC system in all four units. For the savvy investor, this property delivers maximum value: no HOA fees, high rental income driven by its coveted position, and separate meters for streamlined management. Stop looking at overpriced, high-HOA properties; your profitable, turnkey investment is right here!

Location

State UT

County Utah

Area Orem; Provo; Sundance

Zoning Multi-Family

Interior

Interior Features Disposal, Kitchen: Updated, Oven: Gas, Range/Oven: Free Stdng., Dishwasher: Built-In

Heating Forced Air, Gas: Central

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Carport Spaces 4

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks

Faces West

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Structure Type Aluminum

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Cherry Hill

Middle Schools Lakeridge

High Schools Mountain View

School District Alpine

Others

Senior Community No

Tax ID 40-039-0008

Acceptable Financing Cash, Conventional, Seller Finance

Listing Terms Cash, Conventional, Seller Finance

Listed by NRE

SCHOOLSPROPERTIES

Elementary Schools 20

10

Canyon Crest School

Public | KG - 6
9

Rock Canyon School

Public | KG - 6
8

Foothill Elementary

Public | KG - 6
7

Lakeview School

Public | KG - 6
7

Edgemont School

Public | KG - 6
7

Wasatch School

Public | KG - 6
6

Hillcrest Elementary

Public | PK - 6
6

Cascade Elementary

Public | KG - 6
6

Provo Peaks School

Public | KG - 6
6

Provost School

Public | KG - 6
5

Orem Elementary

Public | PK - 6
5

Westmore Elementary

Public | PK - 6
5

Noah Webster Academy

Public | KG - 8
5

Westridge School

Public | KG - 6
5

Scera Park Elementary

Public | KG - 6
4

Geneva Elementary

Public | PK - 6
4

Amelia Earhart School

Public | KG - 6
4

Sharon Elementary

Public | PK - 6
4

Freedom Academy

Public | KG - 10
4

Franklin School

Public | KG - 6

Middle Schools 9

7

Lakeridge Junior High

Public | 7 - 9
7

Centennial Middle School

Public | 7 - 8
6

Provo High School

Public | 7 - 12
5

Dixon Middle School

Public | 7 - 8
3

Orem Junior High

Public | 7 - 9
0

Telos Academy

Private | 8 - 12
0

Discovery Academy

Private | 8 - 12
0

Provo Canyon School-Provo Campus

Private | 8 - 12
0

Heritage Schools

Private | 8 - 12

High Schools 5

9

Utah County Academy of Science (Ucas)

Public | 10 - 12
8

Mountain View High School

Public | 10 - 12
8

Timpview High School

Public | 9 - 12
7

Orem High School

Public | 10 - 12
0

Provo Adult Education

Public | 9 - 12

School and business data provided by Attom Data.