This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.

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Signature Real Estate Utah (Cottonwood Heights)

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Property Details of 232 N 250 E

Property Details

Basic Information

Building

Location

Interior Features

Bedrooms

Bathrooms

Laundry

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Area

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

Signature Real Estate Utah (Cottonwood Heights)