270 N 400 W

About this home

This home for sale at 270 N 400 W Provo, UT 84601 has been listed at $715,000.

Full description

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 highlights

• Rent it out to maximize rental income, or take advantage of this awesome multi-unit house hack by moving in yourself!
• Provo 4 Plex, 5 total bedrooms, 4 total bathrooms. 2 Studios, a 1 bedroom, and a 2 bedroom apartment. .
• 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. .
• 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. .
• 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). .
• This Provo multifamily property presents a unique opportunity for investors and house-hackers alike. .

Property details

Property Type

Residential

Sub-type

Quadruplex

Status

Active

Days on Market

0

Bedrooms

5

Bathrooms

4

Year Built

1911

Stories

0

Living Area

2,660 sq ft

Lot Size

0.18 acres

Price/sqft

$268.80

Parking Total

0.00

County

Utah

City

Provo

Tax Annual

$4,055

Preferred Financing

Cash,Conventional,Exchange

Parcel #

04-087-0009

MLS Area

Provo; Mamth; Springville

Listed By

ERA Brokers Consolidated (Ogden)

Garage & parking

Parking total

0.00

Covered spaces

0.00

RV parking

0.00

Additional features

Schools

Neighborhood

Walk · Transit · Bike

Walk 90 Walker's Paradise Transit 46 Some Transit Bike 72 Very Bikeable

Daily errands do not require a car. Some transit available. Most trips are convenient by bike.

Price History

Location

Provo, UT · approximate location