339 S 600 W Active

Provo,UT 84601

$ 2000000

11 Beds

11 Baths

6105 SqFt


Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,105 sqft

Price per Sqft $327

MLS Listing ID 2051311

Style Up And Down

Bedrooms 11

Year Built 1970

Annual Tax Amount $6,801

Lot Size 0.430 Acres

Property Description

This rare and lucrative investment opportunity features two buildings: one with 5 units and another with 6 units, all 1-bedroom, 1-bath apartments. Easy to keep occupied with incredible rental stability, current rents range from $1,000 to $1,250-highly competitive for the growing Provo market. Several units have undergone extensive remodeling, ensuring modern living spaces that attract and retain quality tenants. Key upgrades include a new roof on one building, new windows, irrigation sprinklers, updated flooring, and new water heaters throughout. On-site laundry is conveniently operated via a code system and is tenant-paid, adding additional revenue potential. Some units are separately metered for gas and electricity, while others share utilities. The property also boasts 8 covered parking stalls and ample additional parking-an uncommon amenity in Provo that sets this property apart from others. With its prime location in the heart of downtown Provo, this property offers easy access to shopping, dining, transportation, and employment hubs. Don't miss this rare chance to own a well-maintained, high-performing multi-family property in one of Utah's fastest-growing cities!

Location

State UT

County Utah

Area Provo; Mamth; Springville

Zoning Multi-Family

Interior

Heating Gas: Central

Flooring Carpet,Laminate

Inclusions Freezer, Range, Washer

Exterior

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

View Y/N No

Roof Type Asphalt

Building

Lot Description Fenced: Part,Road: Paved,Sidewalks

Sewer Sewer: Connected,Sewer: Public

Water Culinary

Structure Type Brick

New Construction No

Schools

Elementary Schools Franklin

Middle Schools Dixon

High Schools Provo

School District Provo

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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