ActiveResidential · sale

709 E 150 S

Provo, UT 84606

$550,000

  • 5 beds
  • 2 baths
  • 1,998 sq ft
  • 0.13 acres
  • Built 1943

Listed by Presidio Real Estate · MLS #2170935

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1943.

Garage parking

1 garage spaces listed.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Improved price and thoughtfully updated legal up and down duplex, or single family home in the heart of Provo, ideally located within walking distance to BYU and downtown area. Incredible investment opportunity with this duplex currently tenant-occupied with 1 active year lease in place and other tenants month to month; offering immediate rental income from day one. Strong rental history with few vacancies. Recent updates include windows, Lighting, water heater, upstairs bathroom, refurbished historic floor, water lines, electrical boxes and paint. All appliances stay, including both washer and dryers. Recognized by Provo city as a legal duplex this home can be rented as 2 units or a single family home. Whether looking to expand an investment portfolio or begin generating passive income through real estate, this property presents an outstanding opportunity. Don't miss your chance to own an income-producing property in one of Utah County's most desirable rental markets. Please be respectful to the tenants-do not bother them. 24 hour notice is required to see inside the home. Buyer/Buyer Agent to verify all information, including square footage, leases, rents, occupancy, zoning, and all other information deemed material.
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THE NEIGHBORHOOD

Explore the location.

709 E 150 S, Provo, UT 84606

Map coordinates are not available for this property.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1943
Full baths
2
Garage spaces
1
Cooling
Window Unit(s)
Heating
Forced Air,Gas: Central,Wood
Appliances
Dryer,Gas Grill/BBQ,Microwave,Refrigerator,Washer
Flooring
Carpet,Tile
Utilities
Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
Pool
No
Spa
No
Zoning
Single-Family, Multi-Family
Parcel
38-004-0006
Elementary school
Provo Peaks
Middle school
Centennial
High school
Timpview
Annual property tax
$2,658.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,291.67
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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709 E 150 S, Provo, UT 84606 · MLS #2170935

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Listing information

MLS #2170935 · Utah Real Estate MLS

Listing brokerage: Presidio Real Estate
Listing agent: Barbi Schramm

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. 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 should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.