457 S 500 E, Provo, UT 84606
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457 S 500 E, Provo, UT 84606
457 S 500 E, Provo, UT 84606
457 S 500 E, Provo, UT 84606
457 S 500 E, Provo, UT 84606
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$ 900,000
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Price Dropped by $50K

457 S 500 E Provo, UT 84606

7 Beds

6 Baths

3,278 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,278 sqft

Price per Sqft $274

MLS Listing ID 2136914

Style Front And Rear

Bedrooms 7

Construction Status Blt./Standing

HOA Y/N No

Year Built 1925

Annual Tax Amount $5,802

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

SIGNIFICANT VALUE-ADD 6-PLEX OPPORTUNITY in Provo, BYU market with an approximate 6% cap rate simply by increasing rents (which are BELOW MARKET)! UPDATED: kitchens, bathrooms, flooring, fixtures, etc! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Interior

Interior Features Kitchen: Updated, Range/Oven: Free Stdng.

Fireplace No

Exterior

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Terrain, Flat

Private Pool No

Building

Faces West

Water Culinary

Architectural Style Front And Rear

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Provo Peaks

Middle Schools Centennial

High Schools Timpview

School District Provo

Others

Senior Community No

Tax ID 05-048-0010

Acceptable Financing Cash, Commercial Fin. Req., Conventional

Listing Terms Cash, Commercial Fin. Req., Conventional


Listed by Prime Real Estate Experts
Kristopher Larson
Kristopher Larson

Agent | License ID: 11235858-SA

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

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457 S 500 E