‹ Back to results $1,800,000 306 E 1600 S, Orem, UT · 7 units · 19 bd total · 5,260 sqft See this home
27 photos

For sale MLS# 2185386 · 41 days on the market

$1,800,000

It starts with a call with an agent.

306 E 1600 S, Orem, UT 84058

7units
19beds
14baths
5,260sqft
0.46acres
1997built
$342per sqft

About this home

Rare opportunity to acquire a 7-unit property in a strong Orem rental market! Seven income-producing units provide immediate cash flow with excellent long-term investment and appreciation potential. Prime central location near UVU, BYU, major employment, shopping, dining, and I-15. Hard-to-find multifamily asset offering scale, diversified rental income, and a great addition to any investment portfolio. Buyer to verify all information.

Written by the listing agent.

Location

Living in Orem

Orem is a city in Utah County in the north central part of the state, adjacent to Provo, Lindon, and Vineyard and approximately 45 miles south of Salt Lake City.

  • 98,129 residents (2020)
  • 1 rail station
  • 3 named trails
  • 30 named parks

Read the guide to Orem ›

Monthly payment

$10,577per month, estimated
Principal & interest
$9,975
Property tax
$492
Home insurance
$110

10% down ($180,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Style
Up And Down
Lot
0.46 acres
Parking
Covered, Parking: Uncovered
Heating
Forced Air, Gas: Central
Flooring
Carpet, Linoleum, Tile
Roof
Asphalt
See all 13 details
Construction
Aluminum, Brick, Stucco
Water
Culinary
Sewer
Sewer: Connected, Sewer: Public
County
Utah
Faces
North
Zoning
Multi-Family
Terms
Cash, Conventional
  • Disposal
  • Range/Oven: Free Stdng.
  • Double Pane Windows
  • Out Buildings
  • Lighting
  • Fenced: Part
  • Sprinkler: Auto-Full
  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
See all 12 features

Interior

  • Disposal
  • Range/Oven: Free Stdng.

Exterior

  • Double Pane Windows
  • Out Buildings
  • Lighting

Lot features

  • Fenced: Part
  • Sprinkler: Auto-Full

Utilities

  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Sewer: Public
  • Water Connected

Schools

ElementaryCherry Hill
MiddleLakeridge
HighOrem

Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Alpine

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