About This Home

This 19-bedroom, 14-bathroom residential multi family at 306 E 1600 S in Orem, UT is listed for $1,800,000 ($342 per sqft). Built in 1997, the home offers 5,260 sqft of living space on a 0.46 acres lot.

Key Features

  • Built in 1997
  • 0.46 acre lot
  • 16 parking spaces

Property Details

14 full
16 spaces
1997
Listing Description

Rare opportunity to acquire a 7-unit property in a strong Orem rental market! Seven income-producing units provide immediate cash flow with excellent long-term investment and appreciation potential. Prime central location near UVU, BYU, major employment, shopping, dining, and I-15. Hard-to-find multifamily asset offering scale, diversified rental income, and a great addition to any investment portfolio. Buyer to verify all information.

Monthly Cost Estimate

$9,627/mo

20% down · 6.5% · 30 years

Principal$1,302
Interest$7,800
Insurance$525

Estimates only. Actual payments may vary.

Location

306 E 1600 S

Orem, UT 84058

Features & Amenities

Interior Features

DisposalRange/Oven: Free Stdng.

Exterior Features

Double Pane WindowsOut BuildingsLighting

Property Details

Flooring

CarpetLinoleumTile

Construction

Aluminum Brick Stucco

Parking

Covered

Heating

Forced AirNatural GasCentral

Questions & Answers

This 19-bedroom, 14-bathroom residential multi family at 306 E 1600 S is listed at $1,800,000 ($342/sqft). The estimated monthly payment is $9,627 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1997, 0.46 acre lot, 16 parking spaces. Interior Features: Disposal, Range/Oven: Free Stdng.. Exterior Features: Double Pane Windows, Out Buildings, Lighting.

This property is listed by Aaron McIntire.

AM

Aaron McIntire

Agent at Influence Real Estate LLC Utah County

Listed by Influence Real Estate LLC Utah County · Broker phone: (801) 836-4042 · View on Broker Site

MLS# 2185386· Source: UtahRealEstate.com· 42 days on PropertySimple

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306 E 1600 S, Orem, UT 84058

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