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About This Home

This 4-bedroom, 2-bathroom residential multi family at 1785 N 550 W in Provo, UT is listed for $575,000 ($340 per sqft). Built in 1944, the home offers 1,692 sqft of living space on a 0.17 acres lot.

Agent Description

What a great legal duplex with a usual 5.7% CAP rate! Currently top floor is still occupied, basement was emptied out for new flooring and preparing for a new owner. If you'd like to rent the basement as well it hasn't had any issues pulling in $1,300- $1,400 a month in rent.

Upstairs is on a lease till end of Summer 2026 at $1,700. Tenants pay for gas and electric utilities, as they are separate meters. Wifi (google fiber) is paid by owner but reimbursed by tenants, easily an option to have tenants swap the system to their names, but it was easier to leave it running in the owner names and having tenants pay it back.

2024 it got a NEW roof, as well as a new swamp cooler for upstairs. Basement has a nice little AC unit in the window, but you will see it stays nice and cool. Each apartment has their own storage place in the carport, and both units have double entrance/exits.

Basement is vacant and easy to show, please do NOT disturb the upstairs tenants until offer time. This is a great investment property close to BYU and UVU. Call agent for any questions. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Key Features

  • Built in 1944
  • 0.17 acre lot
  • 6 parking spaces

Property Details

2 full
6 spaces
1944

Amenities

Hardwood

Monthly Cost Estimate

$3,075/mo

20% down · 6.5% · 30 years

Principal$416
Interest$2,492
Insurance$168

Estimates only. Actual payments may vary.

Location

1785 N 550 W

Provo, UT 84604

Features & Amenities

Interior Features

Basement ApartmentDisposalRange/Oven: Free Stdng.Dishwasher: Built-In

Exterior Features

Basement EntranceLightingPatio: Covered

Property Details

Flooring

VinylTileHardwood

Pool Features

Patio

Parking

Covered

Heating

Forced AirNatural GasCentral

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 1785 N 550 W is listed at $575,000 ($340/sqft). The estimated monthly payment is $2,492 based on 20% down at 6.5% interest.

Key features include: Built in 1944, 0.17 acre lot, 6 parking spaces. Interior Features: Basement Apartment, Disposal, Range/Oven: Free Stdng.. Exterior Features: Basement Entrance, Lighting, Patio: Covered.

This property is listed by Carl Spencer and can be reached at 8016161244 or spencersre@gmail.com.

CS

Carl Spencer

Agent at KW WESTFIELD

(801) 616-1244

Listed by KW WESTFIELD

MLS# 2166075· Source: listhub· Updated 3 days ago

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1785 N 550 W, Provo, UT 84604

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