16 E 1450 S
Orem, UT 84058
- 8 beds
- 4 baths
- 4,840 sqft
- ~1 acre lot
- $191 per sqft
- 1974 build
***Will be marketed this Sunday at 4:30pm on ABC 4 don't miss it!!*** LOCATION, LOCATION, LOCATION!! Welcome to this unique and rare investment opportunity! This non-conforming 4-plex is located in the vibrant heart of Orem, offering unparalleled convenience and access to everything the city has to offer!! Less than 10 minutes away from 2 major universities and 1 block away from public transport, allows this property to maintain a 100% occupancy rate and great cash flow! Units are condominimized with separate tax IDs and a non-functioning HOA is in place. Leaving plenty of headroom for a savvy buyer to revive the HOA and sell the units as individual condos! The possibilities are endless with this incredible investment opportunity! Don't miss it! Buyer is responsible for verifying all listing information to buyer's own satisfaction prior to closing and agree to hold the seller and/or listing agent blameless.
Listing courtesy of WFRMLS / Real Estate Essentials
Last checked:
Checking…
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Last updated Jun 14, 2024
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MLS# 2000506 —
The Building
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Year Built:1974
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New Construction:false
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Construction Status:Blt./Standing
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Construction Materials:Brick,Metal Siding
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Architectural Style:Up And Down
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Roof:Asphalt
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Window Features:Blinds,Drapes
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# of Units Total:4
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Building Area Total:4840.0
Interior
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Flooring:Carpet,Linoleum
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Fireplace:false
Room Dimensions
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Living Area:4840.0
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Living Area Units:Square Feet
The Property
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View:Mountain(s)
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View:true
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Parcel Number:35-090-0001
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Property Type:Residential
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Property Subtype:Quadruplex
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Property Condition:Blt./Standing
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Zoning:Multi-Family
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Current Use:Residential
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Topography:Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Mountain
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Waterfront:false
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Vegetation:Landscaping: Full,Mature Trees
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Horse:false
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Lot Features:Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Mountain
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Lot Size Acres:0.88
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Lot Size Area:0.88
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:38332.8
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:4372.0
Beds
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Bedrooms Total:8
Baths
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Baths:4
The Listing
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Virtual Tour Unbranded:
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Buyer's Brokerage Compensation:2%
Heating & Cooling
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Heating:true
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Heating:Forced Air
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Cooling:false
Utilities
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Utilities:Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
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Sewer:Sewer: Connected
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Water Source:Culinary
Appliances
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Inclusions:Dishwasher: Portable, Range, Range Hood, Refrigerator
Schools
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Elementary School:Cherry Hill
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Elementary School District:Alpine
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Middle Or Junior School:Lakeridge
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Middle Or Junior School District:Alpine
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High School:Mountain View
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High School District:Alpine
The Community
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Subdivision Name:BALSAM
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Senior Community:false
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Pool Private:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:1.0
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Carport:false
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Covered Spaces:1.0
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Open Parking:true
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Open Parking Spaces:2.0
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Parking Total:3.0
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Parking Features:Covered,Parking: Uncovered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/23/24
May 23, 2024
|
Listed / Active | WFRMLS | $925,000 |