1785 N 550 W, Provo, UT 84604
- $575,000
- 4
- BD
- 2
- BA
- 1,692
- SqFt
- List Price
- $575,000
- Status
- ACTIVE
- MLS#
- 2166075
- Days on Market
- 39
- Year Built
- 1944
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,692
- Parcel Number
- 19-066-0007
- Acres
- 0.17
- Terms
- Cash, Conventional, FHA, VA Loan
- County
- Utah
- Region
- Orem; Provo; Sundance
Property Description
What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. If you'd like to rent the basement as well it hasn't had any issues pulling in $1,300- $1,400 a month in rent. Upstairs is on a lease till end of Summer 2026 at $1,700. Tenants pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back. 2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits. Basement is vacant and easy to show, please do NOT disturb the upstairs tenants until offer time. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
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Additional Information
- Taxes
- $2,502
- Exterior Features
- Basement Entrance, Lighting, Patio: Covered
- Interior Features
- Basement Apartment, Disposal, Range/Oven: Free Stdng., Dishwasher: Built-In
- Floor
- Hardwood, Tile, Vinyl
- Heating
- Forced Air, Gas: Central
- Roof
- Asphalt
- School District
- Provo
- Elementary School
- Edgemont
- Middle School
- Centennial
- High School
- Timpview
- Style
- Up And Down
- Living Area
- 1,692
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Listing courtesy of KW WESTFIELD.
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