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Duplex

$29,000 reduction

Active

56Days on Market

$569,000

$285/sqft+3.1%/yrHome values in the 84606 zip code have grown an average of 3.1% per year over the last 5 years.

$598,000↓$29,000 (5%)Aug 4

Mountain ViewCorner Lot

Price history — protected

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About This Property

Thoughtfully updated legal up and down duplex in the heart of Provo, ideally located within walking distance to BYU and downtown area. Incredible investment opportunity with this duplex currently tenant-occupied with 1 active year lease in place and other tenants month to month; offering immediate rental income from day one. Strong rental history with few vacancies. Recent updates include windows, Lighting, water heater, upstairs bathroom, refurbished historic floor, water lines, electrical boxes and paint. All appliances stay, including both washer and dryers. Recognized by Provo city as a legal duplex this home can be rented as 2 units or a single family home. Whether looking to expand an investment portfolio or begin generating passive income through real estate, this property presents an outstanding opportunity. Don't miss your chance to own an income-producing property in one of Utah County's most desirable rental markets. Please be respectful to the tenants-do not bother them. 24 hour notice is required to see inside the home. Buyer/Buyer Agent to verify all information, including square footage, leases, rents, occupancy, zoning, and all other information deemed material.

Property Features

Heating

Forced Air

Flooring

Carpet,Hardwood,Laminate,Tile

Laundry

Electric Dryer Hookup

Interior Features

Basement Apartment,Great Room,Range/Oven: Built-In

Exterior Features

Basement Entrance,Entry (Foyer),Out Buildings

Parking

Parking: Uncovered

Unit Breakdown

Type 1

3 bed · 1 bath · Square Feet: 1278

$1,200/mo

Type 2

2 bed · 1 bath · Square Feet: 720

$1,200/mo

Total Actual Rent(2 units)

$2,400/mo

Location

Estimated Monthly Payment

$3,215/mo

Down Payment$113,800 (20%)

Principal & Interest$2,886

Property Tax$222/mo

Insurance (est.)$107/mo

Est. Total$3,215/mo

Based on 20% down, 6.529% rate, 30-yr fixed. For estimation only.

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MLS# 2169114• Tax ID: 38-004-0006

Courtesy of Barbi Schramm, Presidio Real Estate · barbischramm91@gmail.com

Property data from UtahRealEstate.com. Home value index from Zillow Research (zillow.com/research/data). Walkability data from Walk Score. Rent estimates from Rentometer. Public records (owner + loan) from the Salt Lake County Recorder; loan rate estimated from FRED's 30-yr average at origination month, balance assumes a 30-yr fixed with no extra payments. Property valuations by Rocco Value. Information deemed reliable but not guaranteed.