$3,250,000
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45 Beds
24 Baths
16,562 SqFt
SOLD DATE : 07/31/2025
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 16,562 sqft
Price per Sqft $196
MLS Listing ID 2085105
Sold Date 07/31/25
Style Stories: 2
Bedrooms 45
Construction Status Blt./Standing
HOA Y/N No
Year Built 1964
Annual Tax Amount $11,328
Lot Size 0.740 Acres
Acres 0.74
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type > 4 Units
Property Description
*** SELLER FINANCING with 3.5% interest rate for 2 years! *** Rare investment opportunity with significant immediate cashflow! This truly unique twelve-plex boasts large four-bedroom two-bathroom units, generating total monthly gross rents of $20,800. Current owner has experienced very low tenant turnover and has always had high demand for these large, family friendly units. All tenants are on a month-to-month contract. Major improvements made in the last 10 years include a metal roof and new water lines from the city meter to the buildings. Each unit has a wood burning fireplace in addition to a furnace. Large parking lot provides ample parking for tenants. Do not disturb tenants. Make offers subject to inspection. All information is provided as a courtesy - Buyer is advised to independently verify all information.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Multi-Family
Interior
Heating Gas: Central
Flooring Carpet, Laminate, Tile
Fireplace false
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Metal
Present Use Residential
Topography Fenced: Part, Sprinkler: Auto-Full, View: Mountain
Private Pool false
Building
Lot Description Fenced: Part, Sprinkler: Auto-Full, View: Mountain
Faces East
Sewer Sewer: Connected
Water Culinary
Structure Type Cinder Block,Stone,Stucco
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Provost
Middle Schools Centennial
High Schools Timpview
School District Provo
Others
Senior Community No
Tax ID 22-030-0090
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Seller Financing
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Bought with Equity Real Estate (Prosper Group)