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565 E 2200 N, Provo, UT 84604
565 E 2200 N, Provo, UT 84604
Type
SFR
List Price
$750,000
Price/Sqft
$246
Est Gross Yield
3.6%
$27,084/yr est.
Remodeled brick rambler in North Provo's Edgemont corridor - with a true second home downstairs. The basement apartment has its own outside entrance, full kitchen, living room, two bedrooms, and laundry, with a locking door between the levels. Live upstairs and let the apartment help pay the mortgage, host long-term guests, or keep multi-generational living truly private. Upstairs, the remodel shows everywhere: a bright kitchen with custom cabinetry and stainless appliances, hardwood floors, and a living room with built-ins and a stone fireplace looking out over the back yard. Three bedrooms and 1.5 baths on the main level; two bedrooms, a bath, and the apartment's living spaces below. The 0.38-acre lot is larger than 9 of 10 comparable homes - flat, fully fenced, with mature landscaping and mountain views. 2-car attached garage. Walk to Edgemont Elementary, Timpview High, and BYU. Zoning is the quiet superpower here: R-1 residential where Provo's ordinance allows an owner-occupied accessory apartment - and this home already has the full ADU built: separate entrance, second kitchen, two bedrooms, bath, and laundry. Buyer to verify registration and requirements with Provo City.
Listed by Adam Lancaster · Lancaster & Co Realty LLC
565 E 2200 N, Provo, UT 84604
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Cap Rate
2.40%
Cash-on-Cash
-6.07%
Cash Flow
-$1,422/mo
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