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.
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