16 E 1450 S, Orem

$925,000

8 Beds
4 Baths
4,840 Sqft
.88 Acre
1 Garage

***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.

Essential Information
MLS® #2000506
Price$925,000
Bedrooms8
Bathrooms4.00
Square Footage4,840
Acres0.88
Year Built1974
TypeResidential
Sub-TypeQuadruplex
StyleUp And Down
StatusUnder Contract
Community Information
Address16 E 1450 S
AreaOrem; Provo; Sundance
SubdivisionBALSAM
CityOrem
CountyUtah
StateUT
Zip Code84058
Amenities
# of Garages1
ViewMountain(s)
Utilities

Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

Interior
InteriorCarpet,Linoleum
HeatingForced Air
Exterior
WindowsBlinds,Drapes
RoofAsphalt
ConstructionBrick,Metal Siding
Lot Description

Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain

School Information
DistrictAlpine
ElementaryCherry Hill
MiddleLakeridge
HighMountain View
Additional Information
Date ListedMay 23rd, 2024
Days on Market33
ZoningMulti-Family
Listing Details
AgentJena Hunt
OfficeReal Estate Essentials
Contact Details801-400-7787
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