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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,440 sqft
Price per Sqft $190
Subdivision Ridge Stone
MLS Listing ID 2060722
Style Side By Side
Bedrooms 12
Year Built 1981
Annual Tax Amount $3,915
Lot Size 9,583 Sqft
Property Sub-Type Duplex
Property Description
This fully-leased duplex offers a rare investment opportunity with a gross monthly rental income of $5,495! Each spacious unit includes 6 bedrooms and 3 bathrooms, and is highlighted by vaulted ceilings and exposed wood beams, adding character. Unit 2017 received a full remodel in 2021, including new low-e windows and appliances. This unit also includes a fenced grass backyard, offering a private outdoor space for tenants. Unit 2015 was partially remodeled in 2024 and includes central air, and a partially converted garage to add 2 additional bedrooms to the unit. The conversion allows flexibility for the new owner to leave it as is, complete the bedroom configuration, or revert it back to a garage. Each unit features a fireplace to enhance the main living space and is host to ample parking for tenants and guests-a rare convenience in this area. Being centrally located between BYU & UVU, with proximity to UTA and BYU bus stops and other local restaurants and amenities, this duplex enjoys consistent rental demand with strong occupancy rates. City Occupancy Approved for 1 family or 4 singles per unit. U2017 tenants pay all utilities except water, U2015 utilities are covered by the landlord. Don't miss the chance to own a fully leased, well-maintained duplex in an unbeatable Provo location. Schedule your private tour today! Buyer/Buyer's Agent to verify all information.
Location
State UT
County Utah
Area Orem; Provo; Sundance
Zoning Multi-Family
Interior
Heating Forced Air, Gas: Central
Flooring Carpet, Laminate, Linoleum, Vinyl
Fireplaces Type Fireplace Equipment
Equipment Fireplace Equipment, Window Coverings
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Double Pane Windows, Lighting, Porch: Open, Sliding Glass Doors
Garage Spaces 4.0
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Building
Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Stone,Stucco,Clapboard
New Construction No
Schools
Elementary Schools Edgemont
Middle Schools Centennial
High Schools Timpview
School District Provo
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Eric Prince
Associate Broker | License ID: 9837844-AB00
Associate Broker License ID: 9837844-AB00