441 S 500 E, Provo, UT 84606
Local realty services provided by:Better Homes and Gardens Real Estate Momentum
441 S 500 E,Provo, UT 84606
$899,900
- 7 Beds
- 6 Baths
- 4,388 sq. ft.
- Multi-family
- Pending
Listed by: niki r worthington
Office: prime real estate experts
MLS#:2179047
Source:SL
Price summary
- Price:$899,900
- Price per sq. ft.:$205.08
About this home
SIGNIFICANT VALUE-ADD, CASH COW 6-PLEX OPPORTUNITY in Provo, BYU market. NO BETTER DEAL than this: solid 6.55% cap (as is!) and near 7-cap pro forma simply by increasing rents (which are BELOW MARKET)! New 1-bed lease just signed at $1200/mo - already exceeding the conservative $1100 pro forma! **Upper 7-cap if self managed** UPDATED: roof (approximately 6 years ago), kitchens, bathrooms, flooring, fixtures, with recent exterior improvements to paint, siding, & window sealing! Check out the pictures: NOT your "average" 6-plex. Tenants enjoy use of a secure, free laundry area in basement. 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. Total square footage per county records; unit square footages per appraisal. Buyer/agent to verify all. Do not disturb tenants; offer subject to inspection....
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Home facts
- Year built:1925
- Listing ID #:2179047
- Added:45 day(s) ago
- Updated:September 29, 2026 at 09:40 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Kitchen Description:Kitchen: Updated
- Living area:4,388 sq. ft.
Structure and exterior
- Roof:Asphalt
- Year built:1925
- Building area:4,388 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Curb & Gutter, Flat, Road: Paved
- Architectural Style:Front And Rear
Schools
- High school:Timpview
- Middle school:Centennial
- Elementary school:Provo Peaks
Utilities
- Water:Culinary
Finances and disclosures
- Price:$899,900
- Price per sq. ft.:$205.08
- Tax amount:$3,444
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