$1,599,000
Beds:
15
Sqft:
7,164
Sqft lot:
19,166
Acre lot:
0.44
55 Days On Market -
Courtesy of John Woodley, Woodley Real Estate 801-855-5900
Status:
Active
Property Type:
> 4 Units
Year Built:
1978
Neighborhood:
Mansion House Condo
Days On Website:
55
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.
Features
Building
- Architectural Style: Stories: 2
- Building Area Total: 7164
- Construction Materials: Brick
- Living Area: 7164
- Living Area Units: Square Feet
- Year Built: 1978
Bathrooms
- Bathrooms Total Integer: 8
Bedrooms
- Bedrooms Total: 15
Location
- City: Provo
- Country: US
- County Or Parish: Utah
- MLS Area Major: Provo; Mamth; Springville
- Postal City: Provo
- Postal Code: 84606
- State Or Province: UT
- Street Dir Prefix: S
- Street Name: NEVADA
- Street Number: 2042
- Street Number Numeric: 2042
- Street Suffix: AVE
- Subdivision Name: MANSION HOUSE CONDO
- Unparsed Address: 2042 S NEVADA AVE
Garage
- Covered Spaces: 7
- Garage Spaces: 7
- Garage YN: t
- Open Parking Spaces: 10
- Open Parking YN: t
Property
- Current Use: Residential
- Direction Faces: Northeast
- Parcel Number: 46-162-0001
- Property Condition: Blt./Standing
- Property Sub Type: > 4 Units
- Property Type: Residential
- Vegetation: Landscaping: Full
- View: Lake,Mountain(s)
- View YN: t
Schools
- Elementary School: Spring Creek
- Elementary School District: Provo
- High School: Timpview
- High School District: Provo
- Middle Or Junior School: Centennial
- Middle Or Junior School District: Provo
Floors
- Flooring: Carpet,Laminate,Tile
Heating
- Heating: Forced Air,Gas: Central
- Heating YN: t
Interior Features
- Interior Features: Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In
Laundry
- Laundry Features: Electric Dryer Hookup
Listing
- Listing Id: 2026309
- Listing Terms: Cash,Commercial Fin. Req.,Exchange
- List Price: 1599000
- Mls Status: Active
- Number Of Units Total: 7
- Standard Status: Active
Lot
- Lot Features: Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Lake,View: Mountain
- Lot Size Acres: 0.44
- Lot Size Area: 0.44
- Lot Size Dimensions: 0.0x0.0x0.0
- Lot Size Square Feet: 19166
- Lot Size Units: Acres
- Topography: Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain
Parking
- Parking Features: Covered,Parking: Uncovered
- Parking Total: 17
Taxes
- Tax Annual Amount: 7800
Utilities
- Utilities: Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Water Features
- Water Source: Culinary,Irrigation
Property Map
Map View
$1,599,000 - 2042 S Nevada Ave, Provo, UT 84606
Street View
Directions
2042 S Nevada Ave
Provo, UT 84606
City: Provo