232 N 250 E
Property Description
Central Orem 4-plex on a quarter acre, fully occupied with all four units month-to-month. Each unit is 2 bed / 1.5 bath with its own gas meter, power meter, water heater and air conditioning, so tenants pay their own gas and power. Three of the four units have been renovated with quartz counters, farmhouse sinks, new appliances, LVP flooring, updated lighting and paint. Recent building work includes a new furnace, a new water heater, electrical and plumbing updates and refreshed landscaping. The fourth unit has a long-term tenant at $1,300 a month and original finishes, which leaves room to add value. Current rent is $6,100 a month (easily potential to increase to $6400+). Eight off-street parking spaces. A marketing brochure and financial package are attached.
Broker Details
GateHouse Real Estate Co DBA Selling Salt Lake (801) 792-2010
MLS ID: 4019741
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,095,000 |
| No. of Units: | 4 |
| Year Built: | 1969 |
| Lot Size: | 4,160.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $273,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 6 |
ID: 3yd-WFRMLSUT-2189188
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
349/351 E Stardust Dr
Pueblo West, ColoradoBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout