$850,000
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271 300 Orem, UT 84057
Fourplex
Residence
Beds
Baths
3,126
Sq. Ft.
0.52
Acre
Lot
Property Activity
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Be sure to check out all the units with the 3D tour by clicking on the tour button. This four plex is in a nice area of Orem, is on a half acre lot, and has been well maintained. Brand new roof being installed next week. Three of the four units all have new laminate flooring, countertops, moldings ...and paint throughout. Many of the doors, hardware, and tub surrounds are new. The windows have all been replaced and one water heater is new. Each unit has an outdoor storage space. One unit is vacant for showings and the rent for that unit is estimated at $1,500 per month. The other three units actual rents are as listed. Three of the four units are on month to month lease agreements and the other unit has a lease through 8/31/25. One unit has been there for 15 years so that unit could use a remodel and the rents are low for the area. The landlord pays the water and trash which averages at $234 per month. The heating is radiant electric and the tenants electric bills are low with an average of only around $75 total per month (the tenants obviously pay this though). The location is perfect on a quiet street with quick access to UVU, BYU, freeway access and tons of dining and shopping options.
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MLS#
2029698
Property Type
Fourplex
Square Feet
3,126
sq. ft
Lot Size
0.52
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