330 S 150 W, Orem, UT 84058

  • $1,125,000
  • $1,125,000
330 S 150 W, Orem, UT 84058
For Sale

330 S 150 W, Orem, UT 84058

330 S 150 W, Orem, UT 84058
  • $1,125,000
  • $1,125,000

Overview

Property ID: HZ9892856
  • Residential
  • Property Type
  • 8
  • Bedrooms
  • 3264.0
  • Square Feet
  • 1976
  • Year Built

Description

330 S 150 W is a 3,264 SF turnkey, yet still value-add fourplex consisting of four 2BD/1BA units that are roughly 816 SF. The property was built in 1976 and has been very well-maintained by the current owner. Three of the 4 units have been updated, and each unit has above average rents. The property boasts central heating and air conditioning, above range microwaves, tile or new plank flooring in the kitchen and bathroom, washer and dryers that are included, faux wood blinds in 2 units, newer oak or hickory cabinets and newer laminate counter tops. All units except unit 1 have dish washers. The property also has a sprinkler system, double pane windows and 8 parking spaces in the rear of the property. The average rent for a 2BD/1BA in the Orem area is $1,316. This property averages $1,373. There is also a $50 charge for water/sewer/trash and another $55 charge for internet service, making the actual rental amount closer to an average of $1,478, or 12.3% higher than the average. 330 S 150 W is part of four fourplexes that are currently on the market from the same seller. The others are 342 S 150 W, 352 S 150 W and 372 S 150 W. An investor therefore has the opportunity to purchase 16 units that are all adjacent to one another. These fourplexes have top of market rents for a reason. The units have been taken care of and managed by a professional company that takes pride in having the best-in-class multifamily units. Other MLS Listings: 2023266, 2023265, 2023264

  • Address 330 S 150 W
  • City Orem
  • State/county UT
  • Zip/Postal Code 84058
  • Area SUMMERTREE
  • Country United States

Details

Updated on September 13, 2024 at 10:12 pm
  • Property ID: HZ9892856
  • Price: $1,125,000
  • Property Size: 3264.0 Square Feet
  • Land Area: 0.24 Acres
  • Bedrooms: 8
  • Year Built: 1976
  • Property Type: Residential
  • Property Status: For Sale
  • Living Area: 3264.0
  • MLS#: 2023263
  • Office Name: PATHWAY PROPERTIES, LLC
  • Agent Name: David A Galant
  • MLS Status: Active
  • Living Area Prefix: Square Feet

Additional details

  • Tax Annual: 359264
  • County: Utah
  • Property SubType: Quadruplex
  • Elementary School: None/Other
  • Middle/Junior School: None/Other
  • High School: None/Other

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