2042 S Nevada Ave
Provo, UT 84606
- 15 beds
- 8 baths
- 7,164 sqft
- ~1/2 acre lot
- $223 per sqft
- 1978 build
Incredible investment opportunity generating an impressive $9,205 in gross monthly rental income! This well-maintained 7-plex boasts strong tenant occupancy and includes 6 spacious 2-bed, 1-bath units, plus an upgraded 3-bed, 2&1/2-bath unit featuring a private balcony deck for indoor/outdoor living and direct private garage access. Each unit has its own gas and power meters. Several units have received recent upgrades, including new flooring, kitchen cabinets, appliances, windows, fresh paint, and updated bathrooms. Residents enjoy private interior garages, with an additional 10 guest parking spaces available. Ideally situated for students and young professionals, the property offers a prime location with a quick 9-minute commute to BYU and 15 minutes to UVU, as well as a short distance to a variety of major employers and businesses including those at East Bay Tech Park, Noorda College of Osteopathic Medicine, Nestle, Vanderhall and Little Giant Ladders. Nestled against the mountains, tenants can also take advantage of nearby outdoor recreation, with the Bonneville Shoreline Trail and Weatherman's Lookout just minutes away. Additionally, with convenient access to State Street and a 5 minute commute to I-15, residents benefit from a variety of nearby shopping, dining, and entertainment options. Don't miss out on this exceptional investment opportunity, Reach out for more details today! Buyer/Buyer's Agent to verify all information.
Last checked:
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Last updated Dec 14, 2024
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MLS# 2026309 —
The Building
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Year Built:1978
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New Construction:false
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Construction Status:Blt./Standing
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Construction Materials:Brick
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Architectural Style:Stories: 2
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Roof:Asphalt
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# of Units Total:7
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Building Area Total:7164.0
Interior
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Interior Features:Disposal,Kitchen: Updated,Range/Oven: Free Stdng.,Dishwasher: Built-In
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Flooring:Carpet,Laminate,Tile
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Fireplace:false
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Laundry Features:Electric Dryer Hookup
Room Dimensions
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Living Area:7164.0
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Living Area Units:Square Feet
The Property
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View:Lake,Mountain(s)
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View:true
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Parcel Number:46-162-0001
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Property Type:Residential
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Property Subtype:> 4 Units
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Property Condition:Blt./Standing
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Zoning:Multi-Family
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Zoning Description:RES
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Current Use:Residential
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Direction Faces:Northeast
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Topography:Corner Lot, Curb & Gutter, Road: Paved, Sidewalks, Sprinkler: Auto-Full, View: Lake, View: Mountain
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Waterfront:false
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Vegetation:Landscaping: Full
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Horse:false
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Lot Features:Corner Lot,Curb & Gutter,Road: Paved,Sidewalks,Sprinkler: Auto-Full,View: Lake,View: Mountain
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Lot Size Acres:0.44
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Lot Size Area:0.44
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Lot Size Dimensions:0.0x0.0x0.0
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Lot Size SqFt:19166.4
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Annual Amount:7800.0
Beds
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Bedrooms Total:15
Baths
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Baths:8
Heating & Cooling
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Heating:true
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Heating:Forced Air,Gas: Central
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Cooling:false
Utilities
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Utilities:Natural Gas Connected,Electricity Connected,Sewer Connected,Sewer: Public,Water Connected
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Sewer:Sewer: Connected,Sewer: Public
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Water Source:Culinary,Irrigation
Appliances
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Inclusions:Range, Refrigerator
Schools
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Elementary School:Spring Creek
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Elementary School District:Provo
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Middle Or Junior School:Centennial
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Middle Or Junior School District:Provo
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High School:Timpview
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High School District:Provo
The Community
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Subdivision Name:MANSION HOUSE CONDO
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Senior Community:false
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Pool Private:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:7.0
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Carport:false
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Covered Spaces:7.0
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Open Parking:true
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Open Parking Spaces:10.0
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Parking Total:17.0
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Parking Features:Covered,Parking: Uncovered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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12/9/24
Dec 9, 2024
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Relisted | WFRMLS | $1,599,000 | |
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12/2/24
Dec 2, 2024
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Pending | WFRMLS | $1,599,000 | |
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11/19/24
Nov 19, 2024
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Price Changed | WFRMLS | $1,599,000 | -5.9% |
