16 E 1450 S Active Save Request In-Person Tour Request Virtual Tour
Orem,UT 84058
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $191
Subdivision Balsam
MLS Listing ID 2000506
Style Up And Down
Bedrooms 8
Construction Status Blt./Standing
HOA Y/N No
Year Built 1974
Annual Tax Amount $4,372
Lot Size 0.880 Acres
Acres 0.88
Lot Dimensions 0.0x0.0x0.0
Property Description
***Will be marketed this Sunday at 4:30pm on ABC 4 don't miss it!!*** LOCATION, LOCATION, LOCATION!! Welcome to this unique and rare investment opportunity! This non-conforming 4-plex is located in the vibrant heart of Orem, offering unparalleled convenience and access to everything the city has to offer!! Less than 10 minutes away from 2 major universities and 1 block away from public transport, allows this property to maintain a 100% occupancy rate and great cash flow! Units are condominimized with separate tax IDs and a non-functioning HOA is in place. Leaving plenty of headroom for a savvy buyer to revive the HOA and sell the units as individual condos! The possibilities are endless with this incredible investment opportunity! Don't miss it! Buyer is responsible for verifying all listing information to buyer's own satisfaction prior to closing and agree to hold the seller and/or listing agent blameless.
Location
State UT
County Utah
Area Orem; Provo; Sundance
Zoning Multi-Family
Interior
Heating Forced Air
Flooring Carpet,Linoleum
Inclusions Dishwasher: Portable, Range, Range Hood, Refrigerator
Fireplace No
Window Features Blinds,Drapes
Exterior
Garage Spaces 1.0
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Waterfront No
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain
Parking Type Covered,Parking: Uncovered
Total Parking Spaces 3
Private Pool false
Building
Lot Description Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
Sewer Sewer: Connected
Water Culinary
Structure Type Brick,Metal Siding
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Cherry Hill
Middle Schools Lakeridge
High Schools Mountain View
School District Alpine
Others
Senior Community No
Tax ID 35-090-0001
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan