UT > Orem > Balsam
Orem, UT 84058,16 E 1450 S
Orem, UT 84058,16 E 1450 S
Orem, UT 84058,16 E 1450 S
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$925,000
Est. payment /mo
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8 BD
4 BA
4,840 SqFt
Active

16 E 1450 S Orem, UT 84058

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Utah Best Real Estate Presidio

Utah Best Real Estate Presidio

+1(801) 214-0990

UPDATED:

10/22/2024 07:44 PM

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

Listed by Real Estate Essentials

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Utah Best Real Estate Presidio

Realtor, Team Lead, Owner Utah Best Real Estate Team | License ID: 6074617

+1(801) 214-0990

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16 E 1450 S