1475 S 50 E, Orem, UT 84058
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! *** https://matterport.com/discover/space/4z7DHusR1f1
12
beds
3,988 Sq.Ft. LIVING AREA
0.27 Acres lot
If you're looking for a hassle-free and cash-flowing investment property, this is it!
– Mike Gooch
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.