168 S 300 E, Provo

$995,000

8 Beds
4 Baths
4,716 Sqft
.18 Acre
2 Garages

Discover this exceptional 4-plex nestled in a prime location just moments from downtown. Situated a mere three blocks east of the city center temple, this property offers unparalleled convenience to the heart of the city's vibrant attractions and amenities. Perfectly positioned near the UVX Bus Stop, commuting is a breeze for residents. Boasting a remarkable gross rental income exceeding $60,000 per year, this investment opportunity is truly lucrative. The 4-plex features two shared laundry rooms for added convenience, two covered parking spots for tenants' vehicles, and multiple large storage areas. With the potential to increase rent for long-term tenants, this property presents an enticing prospect for savvy investors looking to maximize returns in an unbeatable downtown location. New roof installed 6 years ago. There have been many other updates, such as new appliances, new and/or refinished floors, new paint, new lights, and a new water heater all within the past 5 years. The exterior paint is peeling in spots, but the metal siding is in great shape and just needs to be power washed and repainted. Seller is offering $10,000 concession to allow buyer to refinish the exterior (quote was under $8k). SHARED GAS/ELECTRIC METERS FOR THE FRONT TWO UNITS & THE BACK TWO UNITS. SHARED LAUNDRY FOR THE FRONT TWO UNITS & THE BACK TWO UNITS.

Essential Information
MLS® #1993162
Price$995,000
Bedrooms8
Bathrooms4.00
Square Footage4,716
Acres0.18
Year Built1942
TypeResidential
Sub-TypeQuadruplex
StyleUp And Down
StatusActive
Community Information
Address168 S 300 E
AreaProvo; Mamth; Springville
CityProvo
CountyUtah
StateUT
Zip Code84606
Amenities
# of Garages2
ViewMountain(s)
Utilities

Natural Gas Available,Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Interior
InteriorCarpet,Hardwood,Tile
HeatingGas: Central,Space Heater
Interior Features

Alarm: Fire,Basement Apartment,Range/Oven: Built-In,Dishwasher: Built-In

Exterior
Exterior FeaturesBasement Entrance,Lighting
WindowsBlinds,Drapes
RoofAluminum,Asphalt
ConstructionAluminum
Lot Description

Fenced: Part,Road: Paved,Sidewalks,View: Mountain

School Information
DistrictProvo
ElementaryProvo Peaks
MiddleCentennial
HighTimpview
Additional Information
Date ListedApril 18th, 2024
Days on Market73
ZoningSingle-Family, Multi-Family
Listing Details
AgentRandy Tyler Carlisle
Contact Details801-676-5700
Office

KW South Valley Keller Williams

Property History
Price Reduced from $999,999 to $995,000
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