270 400, Provo, UT

270 400, Provo, UT, 84601

$765,000
5 Bedrooms
2,660 sq. ft. Square Feet
1911 Year Built

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 800K and a price per door of just 191K Charming curb appeal and ample off street parking Unit & Financial Details: 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 Details

Bedrooms 5
Square Footage 2,660 sq. ft.
Lot Size 7,841 sq ft
Year Built 1911
MLS # 2125972
Property Type Residential

Features & Amenities

  • Fixer Upper
  • New Roof