1785 N 550 W

About this home

This home for sale at 1785 N 550 W Provo, UT 84604 has been listed at $575,000.

Full description

What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. If you'd like to rent the basement as well it hasn't had any issues pulling in $1,300- $1,400 a month in rent. Upstairs is on a lease till end of Summer 2026 at $1,700. Tenants pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits. Basement is vacant and easy to show, please do NOT disturb the upstairs tenants until offer time. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Property highlights

• This is a great investment property close to BYU and UVU. .
• Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. .
• Tenants pay for gas and electric utilities, as they are separate meters. .
• Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. .
• Each apartment has their own storage place in the carport, and both units have double entrance/exits. .
• Spacious 4 bedroom home perfect for comfortable living.

Property details

Property Type

Residential

Sub-type

Duplex

Status

Active

Days on Market

0

Bedrooms

4

Bathrooms

2

Year Built

1944

Effective Year

2018

Stories

0

Living Area

1,692 sq ft

Lot Size

0.17 acres

Price/sqft

$339.83

Parking Total

6.00

County

Utah

City

Provo

Zoning

Multi-Family

Tax Annual

$2,502

Preferred Financing

Cash,Conventional,FHA,VA Loan

Parcel #

19-066-0007

MLS Area

Orem; Provo; Sundance

Listed By

KW WESTFIELD

Inclusions

• Dryer
• Refrigerator
• Washer

Interior features

• Basement Apartment
• Disposal
• Range/Oven: Free Stdng.
• Dishwasher: Built-In

Exterior features

• Basement Entrance
• Lighting
• Patio: Covered

Building & construction

Roof

Asphalt

Flooring

Hardwood,Tile,Vinyl

Garage & parking

Parking total

6.00

Open parking

4.00

Covered spaces

2.00

RV parking

0.00

• Covered
• Parking: Uncovered

Land description

• Corner Lot
• Curb & Gutter
• Road: Paved
• Sidewalks
• View: Mountain

Utilities

• Natural Gas Connected
• Electricity Connected
• Sewer Connected
• Water Connected

Additional features

Schools

Neighborhood

Walk · Transit · Bike

Walk 67 Somewhat Walkable Transit 47 Some Transit Bike 89 Very Bikeable

Some errands can be accomplished on foot. Some transit available. Most trips are convenient by bike.

Price History

Location

Provo, UT · approximate location