$1,070,000
1026 N 150 W, Orem, UT
8 bd · 6 ba · 4,624 sq ft · 0.25 acres · Built 1974 · Residential
Status: Active
$6295 GROSS INCOME!!! Fully renovated, fully occupied Orem 4-plex. A 2022 top-to-bottom update of roughly $210K brought a new roof, siding, fascia and gutters, double-pane windows, exterior lighting and low-maintenance xeriscape, plus new central HVAC, water heaters, kitchens, baths, LVP flooring, fixtures and blackout window coverings in every unit. Four two-story townhome-style units, each 2 bed / 1.5 bath with bedrooms and full bath upstairs; half bath, kitchen, living area and washer/dryer hookups on the main level. Separate gas and power meters and water heaters; tenants pay gas and electric plus a flat monthly water/sewer/trash reimbursement. All four units on staggered annual leases with professional management in place. Off-street parking for 8. Minutes to State Street, 800 North, I-15 and UVU. Tenant-occupied: please do not disturb tenants; showings by appointment with notice. Square footage per county records; buyer to verify all information.
Listing courtesy of Selling Salt Lake, Kian Torimi, 801-998-8568.
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