2042 S NEVADA AVE Active Save Request In-Person Tour Request Virtual Tour
Provo,UT 84606
Key Details
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,164 sqft
Price per Sqft $223
Subdivision Mansion House Condo
MLS Listing ID 2026309
Style Stories: 2
Bedrooms 15
Construction Status Blt./Standing
HOA Y/N No
Year Built 1978
Annual Tax Amount $7,800
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 0.0x0.0x0.0
Property Description
Incredible investment opportunity generating an impressive $9,205 in gross monthly rental income! This well-maintained 7-plex boasts strong tenant occupancy and includes 6 spacious 2-bed, 1-bath units, plus an upgraded 3-bed, 2&1/2-bath unit featuring a private balcony deck for indoor/outdoor living and direct private garage access. Each unit has its own gas and power meters. Several units have received recent upgrades, including new flooring, kitchen cabinets, appliances, windows, fresh paint, and updated bathrooms. Residents enjoy private interior garages, with an additional 10 guest parking spaces available. Ideally situated for students and young professionals, the property offers a prime location with a quick 9-minute commute to BYU and 15 minutes to UVU, as well as a short distance to a variety of major employers and businesses including those at East Bay Tech Park, Noorda College of Osteopathic Medicine, Nestle, Vanderhall and Little Giant Ladders. Nestled against the mountains, tenants can also take advantage of nearby outdoor recreation, with the Bonneville Shoreline Trail and Weatherman's Lookout just minutes away. Additionally, with convenient access to State Street and a 5 minute commute to I-15, residents benefit from a variety of nearby shopping, dining, and entertainment options. Don't miss out on this exceptional investment opportunity, Reach out for more details today! Buyer/Buyer's Agent to verify all information.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Zoning Multi-Family
Interior
Interior Features Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In
Heating Forced Air,Gas: Central
Flooring Carpet,Laminate,Tile
Inclusions Range, Refrigerator
Fireplace false
Laundry Electric Dryer Hookup
Exterior
Garage Spaces 7.0
Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
View Y/N Yes
View Lake,Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain
Total Parking Spaces 17
Private Pool false
Building
Lot Description Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Lake,View: Mountain
Faces Northeast
Sewer Sewer: Connected,Sewer: Public
Water Culinary,Irrigation
Structure Type Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Spring Creek
Middle Schools Centennial
High Schools Timpview
School District Provo
Others
Senior Community No
Tax ID 46-162-0001
Acceptable Financing Cash,Commercial Fin. Req.,Exchange
Horse Property No
Listing Terms Cash,Commercial Fin. Req.,Exchange