Listed price in listed location currency (USD).
$799,900

760

MLS® 2179050

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3278 sqft
Garage 
Taxes $5,802
Days Active 3
Lot Size 0.17 Acres
Approx. Age 1925
Avg. Price Per Sqft $244
MLS® Number 2179050

Property Address: 457 S 500 E, Provo, UT, 84606-4845

Average square foot calculated using Size range provided by listing agent.

Description

SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market, with a solid 6.18% cap (as is!) with easy 7%-cap potential simply by increasing rents (which are BELOW MARKET)! Recent rate increase validates the pro forma rent assumptions! Increase the cap to mid or upper 7's by self managing. UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.
MLS® Number2179050
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
DrivewayParking: Uncovered
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 15, 2026List Date
$799,900List Price
  • Commute

Commute

Starting Address
Destination Address
457 S 500 E, Provo, UT

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