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About This Home

This 12-bedroom, 4-bathroom residential multi family at 1531 S 450 St E in Orem, UT is listed for $1,399,999 ($337 per sqft). Built in 1984, the home offers 4,152 sqft of living space on a 0.30 acres lot.

Agent Description

WHAT YEAR IS IT?!?! 4.25% seller financing rate!!! HOLY COW!!! $400k down and balloon payment due 06/30/2027. Take advantage of this low introductory rate and get ahead on your end-game, ready to go 4-plex! Location, location, location! Step into one of the best investment opportunities Orem has to offer.

This stunningly remodeled 4-plex places tenants right in the center of the action, mere minutes from the vibrant University Place shopping center and offering unparalleled convenience to both BYU and UVU campuses. This isn't your average rental property.

Over the last few years, the entire building has been transformed with modern, attractive features that tenants love, including sleek quartz countertops, durable LVP flooring, and sparkling stainless steel appliances. Comfort is guaranteed with brand-new windows and a one-year-old HVAC system in all four units.

For the savvy investor, this property delivers maximum value: no HOA fees, high rental income driven by its coveted position, and separate meters for streamlined management. Stop looking at overpriced, high-HOA properties; your profitable, turnkey investment is right here!

Key Features

  • Built in 1984
  • 0.30 acre lot
  • 8 parking spaces

Property Details

4 full
8 spaces
1984

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

1531 S 450 St E

Orem, UT 84058

Features & Amenities

Interior Features

DisposalKitchen: UpdatedOven: GasRange/Oven: Free Stdng.Dishwasher: Built-In

Property Details

Construction

Aluminum

Parking

Covered

Heating

CentralNatural GasForced Air

Questions & Answers

This 12-bedroom, 4-bathroom residential multi family at 1531 S 450 St E is listed at $1,399,999 ($337/sqft). The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.

Key features include: Built in 1984, 0.30 acre lot, 8 parking spaces. Interior Features: Disposal, Kitchen: Updated, Oven: Gas.

This property is listed by Alex Hansen and can be reached at 8012437273 or bigalrealty@gmail.com.

AH

Alex Hansen

Agent at NRE

(801) 243-7273

Listed by NRE · View on Broker Site

MLS# 2117810· Source: listhub· Updated 180 days ago

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1531 S 450 St E, Orem, UT 84058

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