1062 N 150 W, Orem, UT

About 1062 N 150 W

Absolutely perfect TURNKEY income producing 4-plex located in the heart of Orem. Conveniently located and rarely available, this beautifully remodeled Townhouse Style 4-plex is in pristine condition (including but not limited to) NEW roof, NEW heating/cooling systems, NEW kitchens (2-tone cabinets/upgraded counter tops), NEW bathrooms, NEW stainless-steel appliances, NEW paint, NEW LVP flooring, NEW upgraded light fixtures, NEW exterior, etc. Featuring a modern stylish look each unit has 2 spacious bedrooms, 1 bath, kitchen, family room and laundry with tenant owned washers and dryers. The large parking area in the back and sides of the building provide plenty of off-street parking - 12+ parking spaces. All units are rented. Current rents $5,450 (2 units could easily be raised $125 (at lease renewal) to match the other 2 at $1,425 - increasing monthly total rents to $5,700). One 12-month lease ends in January 2026 could work for savy owner investor occupant if desired or you can renew the lease with the current great tenants! Whether you're looking to live in one unit and rent the others or add a prime investment property to your portfolio, this 4-plex is exceptional and a rare find. Don't wait...unique opportunities like this don't last long! Pre-approval or proof of funds required before showings will be scheduled (allow 24 hours notice for showings) or you can drive by and make offer subject to walk through inspection. Please do not disturb tenants. No sign on property. Call agent for more information.

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