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