379 N 500 E Provo, UT 84606
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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