Active
339 S 600 W
Provo UT, 84601
$2,000,000
$327.60 per sqft
Active
11 Beds
11 Baths
6,105 sqft
Residential
Built in 1970
This rare and lucrative investment opportunity features two buildings: one with 5 units and another with 6 units, all 1-bedroom, 1-bath apartments. Easy to keep occupied with incredible rental stability, current rents range from $1,000 to $1,250-highly competitive for the growing Provo market. Several units have undergone extensive remodeling, ensuring modern living spaces that attract and retain quality tenants. Key upgrades include a new roof on one building, new windows, irrigation sprinklers, updated flooring, and new water heaters throughout. On-site laundry is conveniently operated via a code system and is tenant-paid, adding additional revenue potential. Some units are separately metered for gas and electricity, while others share utilities. The property also boasts 8 covered parking stalls and ample additional parking-an uncommon amenity in Provo that sets this property apart from others. With its prime location in the heart of downtown Provo, this property offers easy access to shopping, dining, transportation, and employment hubs. Don't miss this rare chance to own a well-maintained, high-performing multi-family property in one of Utah's fastest-growing cities!
2051311
MLSⓇ ID
November 20, 2024
Listed
December 10, 2024
Updated
Map
339 S 600 W
Provo UT, 84601
Interior Features
Total Stories
0
Bedrooms
11
Total Bathrooms
11
Interior Features
Range/Oven: Free Stdng
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas: Central
Exterior/Building Features
Lot Size
0.43 Acres
Lot Features
Fenced: Part, Road: Paved, Sidewalks
Architectual Style
Up And Down
Roof
Asphalt
Sewer
Sewer: Connected, Sewer: Public
School Information
School District
Provo
High School
Provo
Elementary School
Franklin
Other Property Details
Area Name
Provo; Mamth; Springville
Taxes
$6,801
Tax Frequency
Annually
Days on Market
20
Garage
No
Parking
Covered, Parking: Uncovered
Parking Total
26
View
No
County
Utah
Water Source
Culinary
Pool
No
Zoning
Multi-Family
Listing History
Date | Event | Price |
---|---|---|
12/10/2024 | Price change | $2,000,000 -13% |
Courtesy of KW WESTFIELD
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 5:10 PM UTC, 12/10/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Morkel shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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