Provo, UT 84606,245 S 500 E
Provo, UT 84606,245 S 500 E
Provo, UT 84606,245 S 500 E
38
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$215,000
Est. payment /mo
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3 Beds
2 Baths
1,840 SqFt
New

245 S 500 E Provo, UT 84606

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,840 sqft

Price per Sqft $116

MLS Listing ID 2125688

Style Rambler/Ranch

Bedrooms 3

Full Baths 2

Construction Status Blt./Standing

HOA Y/N No

Abv Grd Liv Area 1,152

Year Built 1924

Annual Tax Amount $2,487

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Single Family Residence

Property Description

Welcome Home! Whether you are looking for a delightful house that you can transform into your very own home complete with basement mother-in-law apartment or a reliable source of generating rental income to assist with the financial dynamics of ownership. Or perhaps you're investment minded and looking to generate lasting wealth by curating this profitable investment asset complete with immense value and untapped potential to launch or fortify your growing portfolio. located less than 5 minutes away from the BYU Campus providing a virtual unending supply of potential tenants. No matter if You, or Your Tenants are looking to live in a warm and inviting home environment indoors, or taking in a private moment to kick the ball, throw the frisbee, play with the dog, or even immerse yourself in the tranquility of creativity by taking time to paint or throw pottery in the Art Shed nestled within the confines of the secluded back yard. Then when it's time to get out for an evening on the town you or your tenants are only 3 minutes away from the vibrant culture of Downtown Provo replete with numerous restaurants to satisfy any taste and numerous activities that are sure to invigorate the mind. With all the foregoing it is easy to see that this property is amply prepared to provide memories to last a lifetime. If this is the type of environment you are looking for personally or are hoping to provide for your valued tenants then you are hereby invited to consider taking the opportunity to make this ideal residence your very own.. As far as the facts go this property has boasted a solid history of quality tenants. Currently, combined rent rolls for the entire property come in at $2,450. With rents ranging from $1600 to $1800 upstairs and $850 downstairs, there is certainly the capacity to increase the performance of this asset. Leases expire in January and February of 2026. However both tenants get along wonderfully together and have a desire to remain if at all possible well into the future. This property has been pre-inspected by one of the very best Home Inspectors in the entire State of Utah to ensure that this property is in excellent condition, free of any surprises, which report will gladly be shared with any valid accepted offer with a desire to help any ready willing and able buyer make a more informed decision in the purchasing process. What is more, the roof has recently been replaced, and the owner has continued to invest in considerable improvements in the property which are detailed in the supplementary paperwork. As the Property is currently 100% occupied please do not disturb tenants. Kindly provide 24-48 hour notice prior to any showing requests. However, don't let that stop you from reaching out to arrange an easy, convenient and private showing today. All information herein is deemed reliable but is not guaranteed. Buyer is therefore responsible to verify all listing information, including square footage/acreage, to Buyer's own satisfaction.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Zoning Single-Family

Rooms

Basement Partial

Main Level Bedrooms 2

Interior

Interior Features Kitchen: Second, Mother-in-Law Apt., Range/Oven: Free Stdng.

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplace Yes

Window Features Drapes,Part

Exterior

Exterior Feature Basement Entrance, Patio: Covered

Carport Spaces 1

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 Single Family

Topography Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Manual-Part, Terrain, Flat, View: Mountain

Porch Covered

Total Parking Spaces 3

Private Pool No

Building

Lot Description Curb & Gutter, Fenced: Full, Sidewalks, Sprinkler: Manual-Part, View: Mountain

Story 2

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Finished Basement 100

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Provo Peaks

Middle Schools Centennial

High Schools Provo

School District Provo

Others

Senior Community No

Tax ID 05-052-0027

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


Listed by Berkshire Hathaway HomeServices Elite Real Estate

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Todd Carpenter

Todd Carpenter

Realtor® | License ID: 8550683-SA00

+1(435) 767-8343

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245 S 500 E