466 E 400 S, Provo, UT 84606

Property Description

TRI-PLEX APPARTMENT COMPLEX IN PROVO: Showings subject to an accepted offer. Excellent investment opportunity in the heart of Provo. This fully occupied triplex offers a desirable layout and strong rental history. Built in 1979 and managed by one owner, this property features three spacious, townhome-style units designed for comfortable living. Each of the three two-story units feature main floor living with a welcoming family room, a half bath with washer/dryer hookups, and an eat-in kitchen equipped with a microwave and dining space. A private back deck extends off the kitchen. The second floor has two generous sized bedrooms with closets, and one full bathroom featuring a tub/shower combo. Each unit has two dedicated parking spots directly in front of it. The property has asphalt shingles, and aluminum siding. Additionally, a side parcel offers versatility to be utilized for extra parking, outdoor community space, or storage potential. Currently three storage sheds sit on the property with lawn surrounding them. This property offers turnkey revenue with 100% occupancy. Current monthly rents are steady and at least one unit is below market and rented on a month to month basis. This unit would be perfect for an owner occupant! The townhome feel is a great fit for anyone looking for an urban experience. Situated in a central pocket of Provo, this property is close to Brigham Young University, downtown dining and shopping, and is minutes from the Provo FrontRunner Station. Driveway is an official easement shared with the home in front of the triplex units. Buyer and buyer's agent to independently verify all MLS marketing remarks, features, zoning permissions, and usability of all utilities and systems during due diligence. The triplex can be sold in a bundle with the single family home (Parcel: 05:47:0008) for a price of $960k.