Description
Exciting cash-flow opportunity in the heart of Provo. 4 Bed 4 Bath 1,395 square feet 8,276 sqft lot. This charming duplex sits beautifully on the corner of the quiet and coveted Franklin neighborhood, walking distance from beautiful downtown Provo. Take a stroll to the city center with great restaurants, events, and sightseeing such as historic center street with the beautiful City Center temple, or bike right to the frontrunner station in 3 minutes for easy commuting to cities north like Orem, American Fork, Lehi, Draper, and Salt Lake City. Although sharing much of the classic charm of the vintage homes in the area, this 1887 property is not limited by any requirements of the historic registry. With a lot this size, you can follow your imagination to add anything you can dream of. This home was once a fourplex but is currently operating as a duplex. Buyer to verify future use. There are two addresses on the home, it is wired for two lines of FREE Google Fiber internet, and runs on a single meter for gas/electric/water between the units. Electric panel/subpanel have been updated over the years, most recently to allow for the installation of on-site laundry. Excellent for an owner-occupied or investment property. Provo has instituted a rental licensing system. Airbnb possible with the property layout, pending buyer to verify any rental requirements with the city. Seller cannot confirm short-term rental approval. Enjoy the serenity of your fenced-in backyard draped in various mature roses and watch the grape vines crawl over the fence for years to come. Perfect for yourself, kids, or pets all year long. Plenty of lot space with a wide-opening fence if you decided to have secure RV/Boat parking. Perennial iris plants surround the front as you approach the modern pavers and new porch (Trex-like system) and awning. Updated exterior lights have also been added to enhance to charm of the home. Interior renovations have been progressing through a long list. Here are some of the recent updates: LVP Flooring, Tile work, multiple bathroom remodels. Kitchen remodels with beautiful white cabinets and moden black and gold hardware. New can lighting in both kitchens, new windows installed in the east unit, closets added to master unit. Appliances INCLUDED and furnishings negotiable. 4 bedrooms per public information, but currently staged with a single bedroom and bonus room for each unit. Unique layout with many possibilities. There is a significant amount of original hardwood in multiple rooms. Rents were ~$1500+ per unit (long-term) prior to 2022 remodel. Currently unoccupied and ready for showings. Completely separate south east unit bed+bath option adds to short-term rental potential. Can be accessed currently from the interior of the east unit. A classic chimney stoicly sits on the roof, however the inside is heated with more modern gas and electric appliances. The roof and water heater both function but are at the end of their expected life. Outbuilding included for storage of yard equipment. 2 driveways and plenty of street parking allow for easy guest parking. Property sold AS-IS, buyer to confirm details including SqFt estimates and future use restrictions. No seller financing.
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4BEDS
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0.16ACRES
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4BATHS
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01/2 BATHS
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1,395SQFT
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$301$/SQFT
School Information
Description
Exciting cash-flow opportunity in the heart of Provo. 4 Bed 4 Bath 1,395 square feet 8,276 sqft lot. This charming duplex sits beautifully on the corner of the quiet and coveted Franklin neighborhood, walking distance from beautiful downtown Provo. Take a stroll to the city center with great restaurants, events, and sightseeing such as historic center street with the beautiful City Center temple, or bike right to the frontrunner station in 3 minutes for easy commuting to cities north like Orem, American Fork, Lehi, Draper, and Salt Lake City. Although sharing much of the classic charm of the vintage homes in the area, this 1887 property is not limited by any requirements of the historic registry. With a lot this size, you can follow your imagination to add anything you can dream of. This home was once a fourplex but is currently operating as a duplex. Buyer to verify future use. There are two addresses on the home, it is wired for two lines of FREE Google Fiber internet, and runs on a single meter for gas/electric/water between the units. Electric panel/subpanel have been updated over the years, most recently to allow for the installation of on-site laundry. Excellent for an owner-occupied or investment property. Provo has instituted a rental licensing system. Airbnb possible with the property layout, pending buyer to verify any rental requirements with the city. Seller cannot confirm short-term rental approval. Enjoy the serenity of your fenced-in backyard draped in various mature roses and watch the grape vines crawl over the fence for years to come. Perfect for yourself, kids, or pets all year long. Plenty of lot space with a wide-opening fence if you decided to have secure RV/Boat parking. Perennial iris plants surround the front as you approach the modern pavers and new porch (Trex-like system) and awning. Updated exterior lights have also been added to enhance to charm of the home. Interior renovations have been progressing through a long list. Here are some of the recent updates: LVP Flooring, Tile work, multiple bathroom remodels. Kitchen remodels with beautiful white cabinets and moden black and gold hardware. New can lighting in both kitchens, new windows installed in the east unit, closets added to master unit. Appliances INCLUDED and furnishings negotiable. 4 bedrooms per public information, but currently staged with a single bedroom and bonus room for each unit. Unique layout with many possibilities. There is a significant amount of original hardwood in multiple rooms. Rents were ~$1500+ per unit (long-term) prior to 2022 remodel. Currently unoccupied and ready for showings. Completely separate south east unit bed+bath option adds to short-term rental potential. Can be accessed currently from the interior of the east unit. A classic chimney stoicly sits on the roof, however the inside is heated with more modern gas and electric appliances. The roof and water heater both function but are at the end of their expected life. Outbuilding included for storage of yard equipment. 2 driveways and plenty of street parking allow for easy guest parking. Property sold AS-IS, buyer to confirm details including SqFt estimates and future use restrictions. No seller financing.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-08-17T23:39:17.447. 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.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.