Provo, UT 84606,796 E 50 S
Provo, UT 84606,796 E 50 S
Provo, UT 84606,796 E 50 S
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$538,000
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3 Beds
2 Baths
1,721 SqFt
New

796 E 50 S Provo, UT 84606

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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


Listed by Kasby Real Estate Group PLLC

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agent

Hollie Christiansen

Principal Broker | License ID: 10700256-PB00

+1(801) 603-0623

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796 E 50 S

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