Location
Agent Comments
LOCATION * LOCATION * LOCATION: Nestled in a charming and convenient neighborhood in the heart of Provo, this legal duplex is just two blocks from two beautiful parks, three blocks from the local elementary school and one mile from BYU campus. Enjoy easy access to I-15, shopping, and everyday essentials, all within minutes. With housing affordability top of mind, this property presents a fantastic opportunity to offset your mortgage. The FHA assumable loan allows the next owner to apply rental income from one unit toward half the mortgage payment. Rented continuously for 4 years, it is not currently rented due to the sale, the most recent tenant paid below-market rent of $1,200-highlighting additional income potential. The basement unit is fully renovated, while the upstairs unit offers plenty of room for cosmetic updates and future value-add improvements. Even more enticing: this property is located in a designated Opportunity Zone. Eligible buyers who invest through a Qualified Opportunity Fund (QOF) may benefit from capital gains tax deferral and, if held for 10+ years, tax-free appreciation on the property's future value. (Buyers are encouraged to consult with a CPA for full details on potential tax benefits.) Whether you're an owner-occupant or investor, this Provo duplex offers flexibility, upside, and long-term potential in a location that truly checks all the boxes. The basement fridge is negotiable
Interior Features
- Heat System: Gas: Radiant
- Floors: Carpet, Hardwood, Laminate
- Interior: Basement Apartment, Closet: Walk-In, Kitchen: Second, Range: Gas, Dishwasher: Built-In
Exterior Features
- Siding: Brick, Composition
- Roof: Asphalt
- Pool: false
- Exterior: Porch: Open
Additional Features
- County: Utah
- Property Type: Duplex
- Tax Number: 38-004-0020
- Water/Sewer: Sewer: Connected, Sewer: Public
- Stories: 0
- Year Built: 1926