$700,000
Active
2 Days Online
6 Beds2 Baths2,510 SQFT
Active

379 N 500 E Provo, UT 84606

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Exceptional investment opportunity! This property is fully approved for 6 singles and currently rented to 6 men, ensuring consistent revenue. Fully furnished, turnkey rental. It boasts three 1 car garages plus an additional carport, and lots of covered bike or motorcycle parking catering to tenants' parking needs. The outdoor living space is enhanced by a 240 sq ft covered patio, a delightful bonus not included in the reported square footage. Recent upgrades include a new cabinets, countertops and new dishwasher, adding to the property's value and appeal. Each private room is rented at $560/month, contributing to an approximate Net Operating Income (NOI) of $37, 920. There's potential for increased revenue, with plans to raise rents to $600/month, making this an even more lucrative investment.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyUtah
  • Taxes$2,560
  • HOA/Condo/Coop Fees$0
  • Days on Site1 Day
  • MLS StatusActive
  • MLS ID Number2027397
  • Home Size Source N/A
  • Year Built1923
  • Lot Size0.17 Acres
  • Full Baths2
  • Partial BathsN/A

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Schools

School District
Provo
Elementary School
Franklin Elementary School
Middle School
Farrer Middle School
High School
Timpview High School

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Monthly Payment (Est.)

$3,401
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