4Plex Investment Property
Sold

4Plex Investment Property

1475 South 50 East, Orem, UT 84058

$995,000

There are only 755 fourplexes in Utah county, and this is your opportunity to acquire the ONLY active 3 bed 1 bath unit fourplex on the market. Boasting a 6.04% cap rate, this 100% leased investment property is the most lucrative and stabilized property on the market in Utah. In the past three months, the owner invested over $67, 000 in capital improvements performed by licensed professionals (no lipstick on a pig). On the exterior, the following work was just completed: 4 new A/C units, new sprinkler system and sod, new Tuff sheds in the parking lot, and a fresh coat of paint around the entire property. All but one of the four units have undergone extensive renovations consisting of new stainless-steel appliances (fridges, ovens, and dishwashers), luxury vinyl flooring, new quartz countertops in the kitchens and bathrooms, stainless-steel farmhouse kitchen sinks, new lighting, and new paint throughout. If you're looking for a hassle-free and cash flowing investment property, this is it! Check out the 3D Virtual Tour!c

12
beds

4
baths

3,988 Sq.Ft. LIVING AREA

Features & Amenities

Interior

  • total bedrooms12
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status Sold
  • Living Area3,988 Sq.Ft.
  • TypeMulti-Family
  • YEAR BUILT1974

Financial

  • Sales Price$995,000

Work With Mike

His unprecedented professionalism, skill, and attention to detail has allowed him to set sales records for the past years. Mike will ensure your buying or selling experience exceeds your expectations. Contact him today to start your home searching journey.

Follow Me on Instagram