379 N 500 E

Provo, UT 84606

Exceptional investment opportunity! This property is fully approved for 6 singles and currently rented to 6 men, ensuring consistent revenue. Fully furnished, turnkey rental. It boasts three 1 car garages plus an additional carport, and lots of covered bike or motorcycle parking catering to tenants' parking needs. The outdoor living space is enhanced by a 240 sq ft covered patio, a delightful bonus not included in the reported square footage. Recent upgrades include a new cabinets, countertops and new dishwasher, adding to the property's value and appeal. Each private room is rented at $560/month, contributing to an approximate Net Operating Income (NOI) of $37,920. There's potential for increased revenue, with plans to raise rents to $600/month, making this an even more lucrative investment.

This is an Active listing.

Broker Office Phone Number: 801-687-6596

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