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Provo,UT 84606
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,721 sqft
Price per Sqft $312
MLS Listing ID 2090640
Style Up And Down
Bedrooms 3
Construction Status Blt./Standing
HOA Y/N No
Year Built 1926
Annual Tax Amount $2,613
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Duplex
Property Description
LOCATION * LOCATION * LOCATION: Nestled in a charming and convenient neighborhood in the heart of Provo, this legal duplex is just two blocks from two beautiful parks, three blocks from the local elementary school and one mile from BYU campus. Enjoy easy access to I-15, shopping, and everyday essentials, all within minutes. With housing affordability top of mind, this property presents a fantastic opportunity to offset your mortgage. The FHA assumable loan allows the next owner to apply rental income from one unit toward half the mortgage payment. Rented continuously for 4 years, it is not currently rented due to the sale, the most recent tenant paid below-market rent of $1,200-highlighting additional income potential. The basement unit is fully renovated, while the upstairs unit offers plenty of room for cosmetic updates and future value-add improvements. Even more enticing: this property is located in a designated Opportunity Zone. Eligible buyers who invest through a Qualified Opportunity Fund (QOF) may benefit from capital gains tax deferral and, if held for 10+ years, tax-free appreciation on the property's future value. (Buyers are encouraged to consult with a CPA for full details on potential tax benefits.) Whether you're an owner-occupant or investor, this Provo duplex offers flexibility, upside, and long-term potential in a location that truly checks all the boxes. The basement fridge is negotiable
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Single-Family
Interior
Interior Features Basement Apartment,Closet: Walk-In,Kitchen: Second,Range: Gas,Dishwasher: Built-In
Heating Gas: Radiant
Flooring Carpet,Hardwood,Laminate
Inclusions Ceiling Fan, Dryer, Range, Refrigerator, Washer, Window Coverings
Equipment Window Coverings
Fireplace No
Exterior
Exterior Feature Porch: Open
Garage Spaces 1.0
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Sprinkler: Auto-Full, View: Mountain
Porch Porch: Open
Total Parking Spaces 1
Private Pool No
Building
Lot Description Curb & Gutter,Fenced: Part,Sprinkler: Auto-Full,View: Mountain
Faces North
Sewer Sewer: Connected,Sewer: Public
Water Culinary
Structure Type Brick,Composition
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Provo Peaks
Middle Schools Centennial
High Schools Timpview
School District Provo
Others
Senior Community No
Tax ID 38-004-0020
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA