Active

2042 S NEVADA AVE

Provo UT, 84606

$1,699,900


$237.28 per sqft

Active

15 Beds

8 Baths

7,164 sqft

Residential

Built in 1978

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.

2026309

MLS ID

September 30, 2024

Listed

October 1, 2024

Updated

Map

2042 S NEVADA AVE
Provo UT, 84606

Interior Features

Total Stories

0


Bedrooms

15


Total Bathrooms

8


Interior Features

Disposal, Kitchen: Updated, Range/Oven: Free Stdng, Dishwasher: Built-In


Laundry Description

Electric Dryer Hookup


Floor Description

Carpet, Laminate, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Gas: Central

Exterior/Building Features

Lot Size

0.44 Acres


Lot Features

Corner Lot, Curb Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain


Architectual Style

Stories: 2


Roof

Asphalt


Sewer

Sewer: Connected, Sewer: Public

School Information

School District

Provo


High School

Timpview


Elementary School

Spring Creek

Other Property Details

Area Name

Provo; Mamth; Springville


Taxes

$7,800


Tax Frequency

Annually


Garage

Yes


Garage Spaces

7


Parking

Covered, Parking: Uncovered


Parking Total

17


View

Yes


View Description

Lake, Mountain(s)


County

Utah


Water Source

Culinary, Irrigation


Pool

No


Zoning

Multi-Family

Courtesy of Woodley Real Estate

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 8:17 PM UTC, 10/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Stern Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

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