1062 N 150 W new Save Request In-Person Tour Request Virtual Tour
Orem,UT 84057
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,104 sqft
Price per Sqft $233
MLS Listing ID 2116976
Style Up And Down
Bedrooms 8
Year Built 1970
Annual Tax Amount $3,874
Lot Size 0.260 Acres
Property Sub-Type Quadruplex
Property Description
Absolutely perfect turnkey income producing CASHFLOWING fourplex located in the heart of Orem. Conveniently located and rarely available, this beautifully remodeled Townhouse Style Four-plex is in pristine condition (including but not limited to) NEW roof, NEW heating/cooling systems, NEW kitchens (2-tone cabinets/upgraded counter tops), NEW bathrooms, NEW stainless-steel appliances, NEW paint, NEW LVP flooring, NEW upgraded light fixtures, etc. Featuring a modern and stylish look each unit has 2 spacious bedrooms, 1 bath, kitchen, family room and laundry with tenant owned washers and dryers. The large parking area in the back and sides of the building provide plenty of off-street parking. All units are rented. Current rents $5,450 (2 units could easily be raised $125 (at lease renewal) to match the other 2 at $1,425 - increasing monthly total rents to $5,700). One 12-month lease ends in January 2026 could work for owner occupants if desired or you can renew the lease with the current great tenants! Whether you're looking to live in one unit and rent the others or add a prime investment to your portfolio, this four-plex is exceptional and a rare find. Don't wait...unique opportunities like this don't last long! Pre-approval or proof of funds required before showings will be scheduled (allow 48 hours notice for showings) or you can drive by and make offer subject to walk through inspection. Please do not disturb tenants. No sign on property. Call agent for more information.
Location
State UT
County Utah
Area Pl Grove; Lindon; Orem
Zoning Multi-Family
Interior
Heating Electric
Flooring Carpet
Inclusions Microwave, Range, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Building
Lot Description Sidewalks,Sprinkler: Auto-Full,View: Mountain
Sewer Sewer: Connected
Water Culinary
Structure Type Brick
New Construction No
Schools
Elementary Schools Windsor
Middle Schools Orem
High Schools Timpanogos
School District Alpine
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan