DEVELOPER TEST TENANT

Stories: 3

796 E 500 S

American Fork , UT 84003

MLS#: 2097890

$818,000

Status: Active
Listing number: 2097890
Listing provided by: Intermountain Properties
Listing agent phone: None
Last update: 8 days ago
On site: 2 months ago
Browse Properties
EASTON PARK - Residential Income

Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

2017

Sq.Footage

4,261

TRIPLEX - An exceptional opportunity awaits in Easton Park with this well-maintained, income-generating triplex-perfect for investors or savvy buyers exploring house hacking. Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, and the breathtaking American Fork Canyon, this property is situated in a rapidly expanding area with strong appreciation potential. The building features three units: one is a one-bedroom, one-bath unit, and the other two are three-bedroom, two-bath layouts. There are also two private 1-car garages and three HUGE extra storage closets. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Units have never been vacant. All units are currently rented. Unit 101: Currently rented month to month to a long term tenant. $995. per mo. Rent could easily be raised to $1200. or more for this unit. Unit 201: Currently rented month to month to long term tenant. $1580. per month. Rent could easily be raised to $1800. Unit 301: Currently rented for $1695. Under contract till March 2026. Rent could easily be raised to $1800. or more at the end of this lease. We had multiple applications for this unit within 2 days. Low vacancy risk, growing area demand, and multiple revenue streams make this a standout investment. Square footage figures are estimated from public sources; buyers should verify all details independently to their satisfaction.

Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s), Granite Counters

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Pet friendly

    Yes

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Stucco

  • Parking

    Attached

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Stories: 3

Price

  • Sales Price

    $818,000

  • Tax Amount

    4450.0

  • Sq. Footage

    4, 261

  • Price/SqFt

    $191

HOA

  • Association

    YES

  • Association Fee

    $825

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Alpine

  • Middle School

    American Fork

  • High School

    American Fork

Property Features

  • Association Amenities

    Fitness Center, Maintenance, Picnic Area, Playground, Snow Removal, Trash, Water

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Utah

Elementary School

Alpine

Middle School

American Fork

High School

American Fork

Listing Courtesy of Cori Vanderbeek , Intermountain Properties

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Agent EugenePontecorvo

Principal Broker

EugenePontecorvo

Call Eugene today to schedule a private showing.

(815) 780-9623

(815) 780-9623

[email protected]


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TRIPLEX - An exceptional opportunity awaits in Easton Park with this well-maintained, income-generating triplex-perfect for investors or savvy buyers exploring house hacking. Located just east of I-15 and minutes from Silicon Slopes, major retail hubs, restaurants, and the breathtaking American Fork Canyon, this property is situated in a rapidly expanding area with strong appreciation potential. The building features three units: one is a one-bedroom, one-bath unit, and the other two are three-bedroom, two-bath layouts. There are also two private 1-car garages and three HUGE extra storage closets. The community includes lifestyle perks such as fitness center, sports courts, playgrounds, and open green spaces. Quick freeway access and beautiful mountain views enhance its appeal for tenants. Units have never been vacant. All units are currently rented. Unit 101: Currently rented month to month to a long term tenant. $995. per mo. Rent could easily be raised to $1200. or more for this unit. Unit 201: Currently rented month to month to long term tenant. $1580. per month. Rent could easily be raised to $1800. Unit 301: Currently rented for $1695. Under contract till March 2026. Rent could easily be raised to $1800. or more at the end of this lease. We had multiple applications for this unit within 2 days. Low vacancy risk, growing area demand, and multiple revenue streams make this a standout investment. Square footage figures are estimated from public sources; buyers should verify all details independently to their satisfaction.

796 E 500 S

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