537 N 150 E
Orem, UT 84057
MLS #2015344

Duplex for Sale

Discover this clean, two-owner, all-brick legal duplex in Northeast Orem, owned by the same family since 1976. The current owner has made significant improvements to get it ready for you. The upstairs unit has been recently remodeled with new flooring, fresh paint, and new carpet. It is vacant and easy to show. The downstairs unit is currently occupied and features new countertops, kitchen sink, and vinyl flooring. It has laundry hookups with a washer and dryer, and a portable dishwasher. The downstairs tenant is on a month-to-month lease. Here are some compelling reasons to buy! A NEW 50-year roof (2023), new sewer line (2024), an updated electrical panel (2023), and the windows have been replaced with vinyl windows. The spacious and flat 0.29-acre lot features grass and mature trees. The last upstairs rent was $1625, while the current downstairs rent is $1245. The duplex has two electric meters and one gas meter. The City of Orem utilities are split, with the downstairs tenant paying $50 and the upstairs tenant covering the balance. The Dominion Energy bill is split, with the downstairs tenant paying 35% and the upstairs tenant paying 65%. Each tenant is responsible for their own electric bill. Don't miss the opportunity to view this well-maintained duplex! Check out the 3D tour for a virtual walk-through, or call us for more information or to schedule a private showing! Past appraisal at $625,000 available as well as a pre listing inspection.