Residential

379 500, Provo

$699,900.00

Bedroom 6 bedrooms
Bathroom 2 baths

  • MLS #: 2027397
  • Address: 379 500, Provo, UT 84606
  • Date Listed: 10/4/2024
  • Days on Market: 599
  • SQFT: 2510
  • Acres: 0.17

Location Location

Agent Comments Agent Comments
Exceptional investment opportunity! This property is fully approved for 6 singles and currently rented to 6 men, ensuring consistent revenue. Fully furnished, turnkey rental. It boasts three 1 car garages plus an additional carport, and lots of covered bike or motorcycle parking catering to tenants' parking needs. The outdoor living space is enhanced by a 240 sq ft covered patio, a delightful bonus not included in the reported square footage. Recent upgrades include a new cabinets, countertops and new dishwasher, adding to the property's value and appeal. New HVAC, updated paint, & updated electrical. Each private room is rented at $600/month, contributing to an approximate Net Operating Income (NOI) of $47,171.52. There's so much potential with this property.

Amenities Amenities
  • Dryer
  • Range Hood
  • Refrigerator
  • Washer

Interior Features Interior Features
  • Cool System: Central Air
  • Heat System: Forced Air, Gas: Central
  • Floors: Carpet, Hardwood
  • Interior: Basement Apartment, Disposal, Kitchen: Updated, Range: Gas, Range/Oven: Free Stdng.

Exterior Features Exterior Features
  • Parking: Covered
  • Siding: Brick, Composition
  • Roof: Asphalt
  • Pool: false
  • Exterior: Entry (Foyer), Porch: Open

Additional Features Additional Features
  • County: Utah
  • Property Type: Single Family Residence
  • Tax Number: 05-063-0021
  • Water/Sewer: Sewer: Connected
  • Stories: 2
  • Year Built: 1923