Rare opportunity to own an up/down duplex in the heart of South Provo (6 blocks from BYU campus). This unicorn property is legally zoned for 10 individuals with 10 private bedrooms and 10 off-street parking stalls generating over $44K in annual rental income, with 100% rental occupancy history and 100% rented out through August 2020. Major improvements/renovations made within the last 3 years: basement unit rebuilt from studs out with 5 bedrooms and 2 bathrooms; upstairs unit has renovated kitchen, bathrooms, new paint, new carpet, new appliances with 5 bedrooms and 1.5 bathrooms. New roof installed this summer, new hot water heater in early 2019. There is inside laundry for both up and down with 2 washers and 2 dryers. Sale includes large shed in backyard, providing a convenient storage location for a property management 'home base'. Motivated seller offering property at a 6.2% cap rate. Seller financing available to qualified buyer - terms are negotiable. This property is not BYU approved.
Gas: Connected, Power: Connected, Sewer: Connected, Water: Connected
Microwave, Range, Refrigerator, Storage Sheds, Washer, Ceiling Fan, Dryer
Dishwasher: Built-In, Disposal, Range/Oven: Free Stdng., Alarm: Fire, Kitchen: Second, Basement Apartment
Patio: Covered, Entry (Foyer), Porch: Open, Awnings, Basement Entrance, Deck: Covered
Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain: Flat, Fenced: Full
Utah Home Central.
Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
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