232 N 250 E, Orem, UT 84057

$1,095,000
8
BD
6
BA
4,160
SqFt
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List Price
$1,095,000
Status
COMING SOON
MLS#
2189188
Days on Market
0
Year Built
1969
Bedrooms
8
Bathrooms
6
Square Feet
4,160
Parcel Number
47-037-0002
Acres
0.23
Terms
Cash, Conventional, FHA, VA Loan
County
Utah
Region
Pl Grove; Lindon; Orem
Subdivision
North View
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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.

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Additional Information

Taxes
$3,969
Exterior Features
Double Pane Windows
Heating
Forced Air, Gas: Central
Roof
Asphalt
School District
Alpine
Elementary School
Sharon
Middle School
Canyon View
High School
Orem
Style
Stories: 2
Living Area
4,160
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