Property
Beds
20
Full Baths
None
1/2 Baths
None
Year Built
1977
Sq.Footage
7,062
Rare Fourplex Investment Opportunity in Orem Don't miss this unique opportunity to own a cash-flowing fourplex in the heart of Orem, located on a desirable residential street surrounded by well-maintained, attractive properties and convenient shopping, dining, schools, and everyday amenities. This spacious and well-positioned investment offers strong rental potential in a consistently high-demand area. Each of the four units features approximately 1765 square feet, with a generous 5-bedroom, 2-bathroom layout-an uncommon and highly desirable configuration that attracts long-term tenants and maximizes rental income potential. The property sits on a spacious lot with ample parking flexibility, making it convenient for tenants and enhancing overall appeal. With all four units currently rented, this is a true turnkey income-producing property. Rents are positioned for increase to match market value, offering additional upside for investors. Ideal for both seasoned investors and owner-occupants looking to offset their mortgage-live in one unit and rent out the others while building long-term wealth. Please do not disturb tenants. Interior showings will be arranged after an accepted offer.This is a rare opportunity to secure a high-performing multi-unit property in one of Utah County's most desirable rental markets. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.
Features & Amenities
Interior
-
Total Bedrooms
20
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Clapboard
-
Pool
No
-
View
Mountain(s)
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.27
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Front And Rear
Price
-
Sales Price
$1,250,800
-
Tax Amount
$5,194
-
Zoning
R-3
-
Sq. Footage
7, 062
-
Price/SqFt
$177
HOA
-
Association
No
School District
-
Elementary School
Alpine
-
Middle School
Lakeridge
-
High School
Mountain View
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Utah
Elementary School
Alpine
Middle School
Lakeridge
High School
Mountain View
Listing Courtesy of Amber Cox , Century 21 Lifestyle Real Estate
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Principal Broker | Realtor®
Summer Luke
Call Summer today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.