Four townhouse-style unitsDriveway asphalt replacedCentral heatingWasher and dryer hookupsTwo units with dishwashers
Well-maintained, fully leased fourplex in one of Orem's most desirable and convenient rental locations. Fourplex featuring four townhouse-style units, each offering 1,000 square feet with 2 bedrooms and 1.5 bathrooms. Each unit includes washer and dryer hookups, central A/C, and central heating, with numerous updates completed throughout the property. Improvements include A/C installation, a roof replaced in 2018, driveway asphalt replaced, updated countertops in multiple units, two units with dishwashers, new carpet in one unit, and a new tub and shower surround in another unit. Current monthly rental income is $5,550, with rents of $1,350, $1,300 (month-to-month), $1,450, and $1,450 (month-to-month). Tenants pay their own gas and electricity, while the owner covers water, sewer, and trash. Situated on a 0.268-acre cul-de-sac lot with ample space behind the building, the property is conveniently located near University Place Mall and within 10 minutes of UVU, BYU, and I-15. Combining strong property condition with a prime Orem location, this fourplex presents an excellent long-term investment opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the county records. Buyer is advised to obtain an independent measurement.
26 days
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271
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29
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Zillow last checked:
Listing updated:
Listed by:
Joshua Spackman385-309-7824,
Rock Canyon Real Estate LLC
Source: UtahRealEstate.com,MLS#: 2174532
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Heating
Central
Features
Flooring: Carpet, Laminate, Tile
Has fireplace: No
Interior area
Total structure area: 4,000
Total interior livable area: 4,000 sqft
Property
Parking
Total spaces: 8
Parking features: Open
Uncovered spaces: 8
Features
Levels: Two
Lot
Size: 0.27 Acres
Features: Cul-De-Sac
Details
Parcel number: 370220002
Zoning description: Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Brick
Roof: Asphalt
Condition
Blt./Standing
New construction: No
Year built: 1967
Utilities & green energy
Water: Culinary
Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.