457 S 500 E Provo UT 84606
Price Reduced

MLS# 2136914 • 96 Days on Market • Residential

457 S 500 E Provo, UT 84606

$900,000

$-50,000 (36 Days Ago)

$275/SF • $/month |

Sundance
Ski Resort
Provo, UT
Town

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Listed By Prime Real Estate Experts, Niki R Worthington, 801-948-0796. | Data Source: © 2026 Wasatch Front Regional Multiple Listing Service, Inc.

Description

SIGNIFICANT VALUE-ADD 6-PLEX OPPORTUNITY in Provo, BYU market with an approximate 6% cap rate simply by increasing rents (which are BELOW MARKET)! UPDATED: kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Tenants currently enjoy use of a secure, free laundry area in basement of neighboring 6-plex. Additional income opportunity also available through managing utilities differently (units metered separately!). LOCATION: near BYU, with quick access to I-15 & Provo downtown entertainment, restaurants, & shopping. Purchase the neighboring 6-plex (same seller) for operational efficiencies! 5 1-bed units; 1 2-bed unit. Square footage per county records. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection.

Property Details

Water/Sewer Culinary
Year Built 1925
Style Front And Rear
Taxes $5,802

Schools

Provo Peaks Elementary

Centennial Jr. High

Timpview High School

$900,000

$-50,000 (36 Days Ago)

$275/SF • $/month

Sundance
Ski Resort
Provo, UT
Town

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Point of Interest Map

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