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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
19
Photos
6
beds
2
baths
2,510
sqft
Built in
1923
Exceptional investment opportunity! This property is fully approved for 6 singles and currently rented to 6 men, ensuring consistent revenue. Fully furnished, turnkey rental. It boasts three 1 car garages plus an additional carport, and lots of covered bike or motorcycle parking catering to tenants' parking needs. The outdoor living space is enhanced by a 240 sq ft covered patio, a delightful bonus not included in the reported square footage. Recent upgrades include a new cabinets, countertops and new dishwasher, adding to the property's value and appeal. Each private room is rented at $560/month, contributing to an approximate Net Operating Income (NOI) of $37,920. There's potential for increased revenue, with plans to raise rents to $600/month, making this an even more lucrative investment.
Features & Amenities
Interior
- General:
- Basement Apartment,Disposal,Kitchen: Updated,Range: Gas,Range/Oven: Free Stdng.
- Appliances:
- Dryer,Range Hood,Refrigerator,Washer
- Basement:
- Full
- Flooring:
- Carpet,Hardwood
- A/C:
- Evaporative Cooling
- Heating:
- Forced Air,Gas: Central
Exterior
- General:
- Entry (Foyer),Porch: Open
- Style:
- Rambler/Ranch
- Parking:
- Covered, Parking spaces: 10
Construction
- Roofing:
- Asphalt
- Windows:
- Blinds
- General:
- Blt./Standing
Location
- Originating MLS:
- UtahRealEstate.com
- School District:
- Provo
- County:
- Utah
Lot
- Topography:
- Curb & Gutter, Fenced: Part, Road: Paved, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
- Zoning:
- Single-Family, 05-063-0021
- View:
- Mountain(s), View
- Current Use:
- Single Family
Utilities
- Utilities:
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
- Water:
- Culinary
- Sewer:
- Sewer: Connected
Financial
- Source:
- UtahRealEstate.com
- Exclusions:
- Dryer, Range, Range Hood, Refrigerator, Window Coverings, Workbench
This listing courtesy of:
Alliance Real Estate, PLLC, Christine Alleman
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Provo, UT
Housing
- Number of Units
- 37,132
- Median Home Value
- $328,763
- Median Rent
- $894
59.00% of housing units are renter occupied.
5.89% are vacant.
Commute
- Car
-
53.26%
- Public Transportation
-
3.60%
- Walk to Work
-
10.66%
- Work from Home
-
30.04%
- Other
-
0.57%
The median travel time to work is 14 minutes.
People
- Population
- 117,916
- Median Age
- 26.20
- Median Household Size
- 3.23
Education
- High School
-
15.26%
- Associate’s Degree
-
9.20%
- Bachelor’s Degree
-
29.96%
- Graduate Degree
-
13.14%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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