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505 N OREM BLVD, Orem, UT — photo 11 / 8

$255,000

505 N OREM BLVD, Orem, UT 84057

Type

Condo

List Price

$255,000

Price/Sqft

$288

Est Gross Yield

6.3%

$16,140/yr est.

Property Details

Property typeCondo
Year built1993
Total units1
Living area886 sqft
Bedrooms2
Bathrooms1
Lot size0.02 acres
Parking1 spaces
Days on market1
Listed2026-09-28T00:00:00+00:00

Description

Discover incredible value and stylish living in Orem! This affordable, bright, and airy condo features sleek laminate flooring and expansive windows that flood the home with natural light. Designed with a smart, roommate-friendly layout, the generous bedrooms offer complete privacy, ceiling fans, and abundant closet space. At the center of the home, an open-concept kitchen comes fully equipped with range, refrigerator, and dishwasher - and a pantry! Unwind in the spacious living area or step onto your private patio for fresh air. Complete with a sleek granite-topped bathroom, covered parking, and lush grounds. Best of all, you're just minutes from Orem's best shopping districts, popular restaurants, and daily conveniences. Don't miss this budget-friendly opportunity-schedule your private tour today! Square footage figures are provided as a courtesy estimate only and were obtained from an independent appraisal. Buyer is advised to obtain an independent measurement.

Listed by Mary W Street · Summit Commercial Advisors LLC

Location

505 N OREM BLVD, Orem, UT 84057

Proforma

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Cap Rate

4.21%

Cash-on-Cash

-1.25%

Cash Flow

-$99/mo

Purchase Price$255,000
Down Payment35% ($89,250)
Interest Rate6.00%
Monthly Rent$1,345/mo
Vacancy5%
Expense Ratio30% ($4,600)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/29/2026, 7:06:38 AM. 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. Listing data provided by UtahRealEstate.com.