271 N 300 W Pending

Orem,UT 84057

$ 850000

8 Beds

4 Baths

3126 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,126 sqft

Price per Sqft $271

MLS Listing ID 2029698

Style Up And Down

Bedrooms 8

Construction Status Blt./Standing

HOA Y/N No

Year Built 1971

Annual Tax Amount $3,398

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 0.0x0.0x0.0

Property Description

Be sure to check out all the units with the 3D tour by clicking on the tour button. This four plex is in a nice area of Orem, is on a half acre lot, and has been well maintained. Brand new roof was just installed this year. Three of the four units all have new laminate flooring, countertops, moldings and paint throughout. Many of the doors, hardware, and tub surrounds are new. The windows have all been replaced and one water heater is new. Each unit has an outdoor storage space. One unit is vacant for showings and the rent for that unit is estimated at $1,500 per month. The other three units actual rents are as listed. Three of the four units are on month to month lease agreements and the other unit has a lease through 8/31/25. One unit has been there for 15 years so that unit could use a remodel and the rents are low for the area. The landlord pays the water and trash which averages at $234 per month. The heating is radiant electric and the tenants electric bills are low with an average of only around $75 total per month (the tenants obviously pay this though). The location is perfect on a quiet street with quick access to UVU, BYU, freeway access and tons of dining and shopping options.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Multi-Family

Interior

Interior Features Range/Oven: Free Stdng.,Dishwasher: Built-In

Heating Electric

Flooring Carpet,Laminate

Inclusions Refrigerator

Fireplace No

Window Features Blinds

Exterior

Exterior Feature Double Pane Windows

Utilities Available Electricity Connected,Sewer Connected,Sewer: Public,Water Connected

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Present Use Residential

Topography Fenced: Part, Sidewalks, Terrain, Flat, Terrain: Mountain, View: Mountain

Private Pool No

Building

Lot Description Fenced: Part,Sidewalks,Terrain: Mountain,View: Mountain

Faces East

Sewer Sewer: Connected,Sewer: Public

Water Culinary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Parkside Elementary

Middle Schools Orem

High Schools Mountain View

School District Alpine

Others

Senior Community No

Tax ID 51-034-0002

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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