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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1129 W 650 N , Provo, UT 84601
$789,900
Est. Payment: $1,755.33/mo
8 Bed
4 Bath
2832 Sqft
Status: Active | Days on site: 7
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71537 - 1320956,4021263
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House Description

An exceptional investment opportunity just minutes from BYU, this well-located duplex is currently priced at a 5.8% cap rate, offering an attractive combination of current income and flexibility in one of Provo's consistently in-demand rental corridors. Two spacious 4-bedroom, 2-bath units provide 8 bedrooms and 4 baths total, giving investors multiple options for generating income. Rent each unit as a whole to families or groups, or maximize rental income by leasing room by room. Both units are currently occupied with leases in place, providing income from day one. Separate gas, power, and water heaters help simplify utilities, with tenants responsible for their own gas and electric. Each unit also features its own laundry, fireplace, deck, and full kitchen with appliances included. Five uncovered parking spaces provide convenient on-site parking. With strong rental demand, existing tenants, and a current 5.8% cap rate, this is an opportunity worth a closer look for investors seeking an established income-producing property near BYU.

Highlights

Listed by Christopher Nehren , 801-450-2675 and Michael Hills , 801-450-2675 Atlas Real Estate, LLC , 801-450-2675.

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1979

County

Utah

Area

Provo; Mamth; Springville

Neighborhood

Rivergrove

School District

Provo

Listing ID

2183468

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Floor:Carpet,Laminate
Other:
  • Range/Oven:Free Stdng.
  • Dishwasher:Built-In
Water:Culinary

Exterior Features

Lot:Curb & Gutter,Road: Paved,Sidewalks,View: Mountain
Lot Dimensions:0.0x0.0x0.0
Garage Capacity:5
Zoning:Multi-Family
Roof:Asphalt
Others:
  • Porch:Open
  • Additional:Sliding Glass Doors, Blt./Standing
Sewer:Sewer: Connected,Sewer: Public
Parking Features:Parking: Uncovered
Principal Interest
$1,755
Taxes
$266

Home Price

$789,900

Loan Details

30 yrs
%

Down Payment

20%
$157,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,755.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,755.33 $265.92 $0.00 $2,021.25
Yearly $21,064.00 $3,191.00 $0.00 $24,255.00
Total $631,920.00 $95,730.00 $0.00 $727,650.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Provo, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.