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The Truman. $450000 8-plex 4 blocks to BYU. Gross income $4450

September 27, 2011 By coryq

Great 8plex property with great cash flow potential. Always easy to rent. Close to BYU. Great occupancy levels and rents. Newer vinyl windows throughout. New roof. Some of the bathrooms and carpet is updated.

Address: 177 E 400 N
City: Provo
Lot Size: .15
Unit #1 Rent: $575
Unit #2 Rent: $550
Unit #3 Rent: $540
Unit #4 Rent: $560
Year Built: 1927
Total Square feet: 6534
Total Bedrooms/Baths: 9/8
Sq ft. Bed/Baths: 600 2/1
Sq ft. Bed/Baths: 600 1/1
Sq ft. Bed/Baths: 500 1/1
Sq ft. Bed/Baths: 600 1/1

Filed Under: $300k-and-up, Provo, apartment, cory's picks

About coryq
A little about me.....I grew up on Oak lane in the tree streets east of campus. I have some great memories of hanging out at BYU as a kid and visiting my dad who taught business classes in the Tanner building. I eventually graduated from BYU in recreation management, with an emphasis in youth leadership, and started a job in the Bahamas with kids who were having trouble. When I returned, I started an in-house mentoring program, and was able to travel all over the world and help kids at the same time, which was my dream. Someday I would like to work with kids again. After my first son was born, I decided recreating full time was a bit immature, and started working with my dad who was now a Real Estate broker in downtown Provo. While my dad liked the condo market, I always liked the older duplex-fourplexes south of campus with their porches, wood floors, high ceilings and arches. Now it's 15 years later, and I'm still pretty immature. I live in Hobblecreek canyon with my 3 kids who are the best most spiritual part of this life for me. I love to camp, hike, mountain bike, kayak, dive, sail, longboard, snowboard, and play basketball. Wakeboarding and motorcycles are the best. I like people. Not just the ones that think like me. I love helping folks find the perfect investment near campus, and I've been doing it for over 15 years so I'm pretty good at it. I'm easy to talk to, and don't pressure people. If you need any real estate help, I promise to do my best to serve you. Call me anytime.