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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,628 sqft
Price per Sqft $275
MLS Listing ID 1979272
Sold Date 04/17/24
Style Bungalow/Cottage
Bedrooms 4
Full Baths 2
Construction Status Blt./Standing
HOA Y/N No
Abv Grd Liv Area 814
Year Built 1920
Annual Tax Amount $1,715
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Single Family Residence
Property Description
MULTIPLE OFFERS RECEIVED: Please have your offer submitted to dallinfarnsworth.realtor@gmail.com by Sunday at 12pm MST. Welcome to your next lucrative investment in Provo, Utah! This versatile property offers not only a comfortable residence but also an additional income-generating opportunity with a well-appointed and separately metered mother-in-law basement apartment, equip with it's own address, entrance, furness, water heater, and laundry room. Property Highlights: 4 Bedrooms, 2 Bathrooms: With 2 bedrooms for yourself, and 2 for your tenants, there's plenty of room for everyone to enjoy their own private space. Mother-in-law Basement Apartment: Take advantage of the additional income stream from the fully-equipped basement apartment. Perfect for students or tenants looking for a separate living arrangement and for you to get into the market for a reasonable monthly expense before the market increase again. Proximity to Universities: Located in close proximity to both Brigham Young University (BYU) and Utah Valley University (UVU), this property is strategically positioned to attract tenants from the academic community. Beautiful Backyard: The property boasts a charming backyard, providing a serene retreat for residents. Whether it's for relaxation, BBQs, yard games, or outdoor gatherings, the backyard is a key feature that adds to the overall appeal of the home. Current Rents: The property is currently generating $1000/month in basement rent, offering a solid foundation for your investment. With utilities covered by tenants, this is an attractive proposition for potential investors. Ideal Investment Property: Whether you're a seasoned investor or just starting, this property presents a fantastic opportunity to capitalize on the demand for rental housing in the Provo area or to simply afford to enter the housing market. Don't miss out on this chance to own a property that combines comfortable living with a smart investment strategy. Schedule a showing today to explore the full potential of this Provo gem! Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement. Open house scheduled for Saturday February 10th, 10am-1pm
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Single-Family
Rooms
Other Rooms Workshop
Basement Entrance
Main Level Bedrooms 2
Interior
Interior Features Accessory Apt, Basement Apartment, Mother-in-Law Apt., Range: Gas, Range/Oven: Free Stdng.
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Hardwood, Laminate
Equipment Gazebo, Storage Shed(s)
Fireplace false
Window Features Blinds
Appliance Ceiling Fan, Dryer, Microwave, Range Hood, Refrigerator, Washer
Exterior
Exterior Feature Basement Entrance, Out Buildings, Porch: Open, Walkout
Carport Spaces 2
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Single Family
Topography Fenced: Full, Sprinkler: Auto-Full, View: Mountain
Porch Porch: Open
Total Parking Spaces 2
Private Pool false
Building
Lot Description Fenced: Full, Sprinkler: Auto-Full, View: Mountain
Faces East
Story 2
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Franklin
Middle Schools Dixon
High Schools Provo
School District Provo
Others
Senior Community No
Tax ID 04-049-0001
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property No
Listing Terms Cash, Conventional, FHA, VA Loan
Financing FHA
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Bought with SURV REAL ESTATE INC