PROPERTY DETAILS
About This Property
This home for sale at 339 S 600 W Provo, UT 84601 has been listed at $1,795,000 and has been on the market for 338 days.
Full Description
Fully Leased Turnkey Opportunity! The property is 100% occupied, providing immediate cash flow in a prime Provo location. This investment includes two buildings (339 & 347) with 11 total units generating $12,320/month gross rent (339: Unit 1 - $1,100, Unit 2 - $1,090, Unit 3 - $1,095, Unit 4 - $1,235, Unit 5 - $1,085, Unit 6 - $1,000; 347: Unit 1 - $1,100, Unit 2 - $1,250, Unit 3 - $1,095, Unit 4 - $1,200, Unit 5 - $1,070). Two units are fully renovated, with all others in good condition. Tenants pay their own utilities through the property manager, and on-site laundry provides a great amenity to the tenants with revenue going to the vendor. If interested, Seller financing is available for up to 1 year with 20% down, 6% interest-only payments ($7,180), 0.5% origination fees at 6 and 9 months, and a 12-month balloon. Sale is lender-approved and not part of a 1031 exchange. Seller is motivated due to an unrelated financial obligation to the aforementioned lender. Showings: Interior tours are not available due to full occupancy unless under contract. Exterior tours are welcome at your convenience (please do not disturb tenants--no interior walkthroughs until after under contract), and a video walkthrough from June is available here (https://youtu.be/MDr0znhmsLg). This is a rare, fully leased investment property offering strong turnkey income in a desirable Provo location.
Property Highlights
- Fully Leased Turnkey Opportunity!
- This is a rare, fully leased investment property offering strong turnkey income in a desirable Provo location. .
- The property is 100% occupied, providing immediate cash flow in a prime Provo location. .
- This investment includes two buildings (339 & 347) with 11 total units generating $12,320/month gross rent (339: Unit 1 - $1,100, Unit 2 - $1,090, Unit 3 - $1,095, Unit 4 - $1,235, Unit 5 - $1,085, Unit 6 - $1,000; 347: Unit 1 - $1,100, Unit 2 - $1,250, Unit 3 - $1,095, Unit 4 - $1,200, Unit 5 - $1,070). .
- Two units are fully renovated, with all others in good condition. .
- Tenants pay their own utilities through the property manager, and on-site laundry provides a great amenity to the tenants with revenue going to the vendor. .
Let me assist you on purchasing a house and get a FREE home Inspection!
General Information
-
Price
$1,795,000 55.0k
-
Days on Market
338
-
Area
Provo; Mamth; Springville
-
Total Bedrooms
11
-
Total Bathrooms
11
-
House Size
6105 Sq Ft
-
Address
339 S 600 W Provo, UT 84601
-
Listed By
KW WESTFIELD
-
HOA
NO
-
Lot Size
0.43
-
Price/sqft
294.02
-
Year Built
1970
-
MLS
2051311
-
Status
Under Contract
-
City
-
Term Of Sale
Cash,Conventional,Seller Finance
Inclusions
- Freezer
- Range
- Washer
Interior Features
- Range/Oven: Free Stdng.
Building and Construction
- Roof: Asphalt
- Exterior:
- Construction: Brick
- Foundation Basement:
Garage and Parking
- Garage Type: No
- Garage Spaces: 0
- Carport: 1
Land Description
- Fenced: Part
- Road: Paved
- Sidewalks
Price History
Jul 25, 2025
$1,795,000
Price decreased:
-$55,000
$294.02/sqft
Feb 28, 2025
$1,850,000
Price decreased:
-$150,000
$303.03/sqft
Dec 10, 2024
$2,000,000
Price decreased:
-$295,000
$327.60/sqft
Nov 20, 2024
$2,295,000
Just Listed
$375.92/sqft
Mortgage Calculator
Estimated Monthly Payment
$0
Principal & Interest
$0
Property Tax (est)
$0
Home Insurance
$0
Loan Amount:
$0
Total Interest Paid:
$0
Total Amount Paid:
$0
Other Property Info
- Area: Provo; Mamth; Springville
- Zoning: Multi-Family
- State: UT
- County: Utah
- This listing is courtesy of:: Clay Winder KW WESTFIELD.
Utilities
Natural Gas Connected
Electricity Connected
Sewer Connected
Sewer: Public
Water Connected
Based on information from UtahRealEstate.com as of 2024-11-20 09:38:24. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
MORE Communities
SIMILAR HOMES
