1129 W 650 N, Provo, UT 84601
- $789,900
- 8
- BD
- 4
- BA
- 2,832
- SqFt
- List Price
- $789,900
- Status
- ACTIVE
- MLS#
- 2183468
- Days on Market
- 6
- Year Built
- 1979
- Bedrooms
- 8
- Bathrooms
- 4
- Square Feet
- 2,832
- Zoning
- Multi-Family
- Acres
- 0.18
- Terms
- Cash, Conventional, FHA
- County
- Utah
- Region
- Provo; Mamth; Springville
- Subdivision
- Rivergrove
Property Description
An exceptional investment opportunity just minutes from BYU, this well-located duplex is currently priced at a 5.8% cap rate, offering an attractive combination of current income and flexibility in one of Provo's consistently in-demand rental corridors. Two spacious 4-bedroom, 2-bath units provide 8 bedrooms and 4 baths total, giving investors multiple options for generating income. Rent each unit as a whole to families or groups, or maximize rental income by leasing room by room. Both units are currently occupied with leases in place, providing income from day one. Separate gas, power, and water heaters help simplify utilities, with tenants responsible for their own gas and electric. Each unit also features its own laundry, fireplace, deck, and full kitchen with appliances included. Five uncovered parking spaces provide convenient on-site parking. With strong rental demand, existing tenants, and a current 5.8% cap rate, this is an opportunity worth a closer look for investors seeking an established income-producing property near BYU.
Additional Information
- Taxes
- $3,191
- Exterior Features
- Porch: Open, Sliding Glass Doors
- Interior Features
- Range/Oven: Free Stdng., Dishwasher: Built-In
- Floor
- Carpet, Laminate
- Heating
- Forced Air
- Roof
- Asphalt
- School District
- Provo
- Elementary School
- Edgemont
- Middle School
- Dixon
- High School
- Provo
- Style
- Side By Side
- Living Area
- 2,832
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Listing courtesy of Atlas Real Estate, LLC.
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