232 N 250 E

Orem, UT 84057

Stories: 2

Orem, UT 84057

232 N 250 E

$1,149,998

MLS#: 2125535

Status: Active

Listing provided by: Selling Salt Lake

Listing agent phone: None

Last update: 25 days ago

On site: 6 months ago

NORTH VIEW - Residential

About

This well cared for 4-plex has seen over $80,000 in recent capital improvements by licensed contractors. Three of the four units were extensively renovated with new stainless steel appliances, luxury vinyl flooring, quartz countertops in the kitchens and bathrooms, stainless steel farmhouse sinks, updated lighting, and fresh paint throughout. All units have AC. Since purchasing the property, the current owner has continued to improve and maintain the building. Recent upgrades include a new washer and dryer, new water heater, a new furnace, electrical updates, plumbing updates, new bath and shower, and refreshed landscaping. New excellent tenants have been placed since the purchase. The property is fully leased to great tenants at a combined rent of $6,100 per month. Units in this location lease in under ten days due to strong demand in Orem. This is a turn key, low maintenance asset in a highly desirable area. If you are looking for a clean, updated, and easy to manage investment with strong rent performance, this is an excellent option.

Property

Beds

8

Full Baths

None

1/2 Baths

None

Year Built

1969

Sq.Footage

4,158

Features

Features & Amenities

Interior

  • Total Bedrooms

    8

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Frame

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Mountain(s)

Area & Lot

  • Lot Size(acres)

    0.23

  • Lot Size(square feet)

    10018.8

  • Property Type

    Residential

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Stories: 2

Price

  • Sales Price

    $1,149,998

  • Tax Amount

    $3,969

  • Zoning

    MULTI

  • Sq. Footage

    4, 158

  • Price/SqFt

    $276

HOA

  • Association

    No

School District

  • Elementary School

    Alpine

  • Middle School

    Canyon View

  • High School

    Orem

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors, Accessible Hallway(s)

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule

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Location

  • County

    Utah

  • Elementary School

    Alpine

  • Middle School

    Canyon View

  • High School

    Orem

Listing Courtesy of Kian Torimi , Selling Salt Lake

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Damon Luke

President / Real Estate Advisor

Call Damon today to schedule a private showing.


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232 N 250 E

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