$1,850,000
bedrooms
11
bathrooms
0
square feet
0
Acreage
0.43
Open Houses
-
year built
1970
Full Baths
0
Half Baths
0
This rare and lucrative investment opportunity features two buildings: one with 5 units and another with 6 units, all 1-bedroom, 1-bath apartments. Easy to keep occupied with incredible rental stability, current rents range from $1,000 to $1,250-highly competitive for the growing Provo market. Several units have undergone extensive remodeling, ensuring modern living spaces that attract and retain quality tenants. Key upgrades include a new roof on one building, new windows, irrigation sprinklers, updated flooring, and new water heaters throughout. On-site laundry is conveniently operated via a code system and is tenant-paid, adding additional revenue potential. Some units are separately metered for gas and electricity, while others share utilities. The property also boasts 8 covered parking stalls and ample additional parking-an uncommon amenity in Provo that sets this property apart from others. With its prime location in the heart of downtown Provo, this property offers easy access to shopping, dining, transportation, and employment hubs. Don't miss this rare chance to own a well-maintained, high-performing multi-family property in one of Utah's fastest-growing cities!
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MLS number: 2051311
Listing agent:
Clay Winder
Listing broker:
Keller Williams Westfield Real Estate
Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, February 28 2025 at 7:51 p.m. EST
Kotohomes National
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