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$875,000 -$20,000 (-2.23%) Price Reduced
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Property Description
Prime Mixed-Use Investment Opportunity in Orem! Discover this well-maintained, updated mixed-use building, ideally zoned for commercial use with two residential rental units. Built in 1986, the property has been modernized and shows beautifully, making it a perfect turnkey investment. Located in a high-traffic area, only one block from busy State Street, the property offers steady revenue streams, generating nearly $5000 per month in income. The commercial space provides flexibility for business operations, while the two residential units are currently rented, ensuring additional consistent cash flow. This is a rare opportunity to own a versatile property in a growing market.
Full Property Details
Full Property Details for 1814 S Columbia Ln E
General
- Price: $875,000
- Taxes: $3,095
- Status: Active
- Type: Triplex
- Source: WFR
- MLS ID: 2030476
- Updated: 11/18/2024
- Added to Site: 32 day(s) ago
Interior
- Interior Features: Disposal, Kitchen: Updated, Range/Oven: Built-In, Dishwasher: Built-In
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Electric Dryer Hookup
Exterior
- Exterior Features: Double Pane Windows, Patio: Open
- Porch/Patio/Deck: Patio: Open
Parking
- Total Spaces: 16
Location
- Area: Pl Grove; Lindon; Orem
- County: Utah
- Direction Faces: East
School Information
- Elem School District: Alpine
- Midd School District: Alpine
- High School District: Alpine
- Elementary School: Cherry Hill
- Middle School: Lakeridge
- High School: Orem
Heating & Cooling
- Heating Type: Forced Air, Gas: Central
Utilities
- Sewer: Sewer: Connected
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Stories: 2
- Construction: Brick
- Exterior Const.: Brick
- Roof: Asbestos Shingle
- Windows: Blinds, Full
- Square Feet: 5,055
- Living Area: 5,055 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1986
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Lot Size: .16
- Landscape: Landscaping: Full
- Topography: Sidewalks, Sprinkler: Auto-Full
- Lot Features: Sidewalks, Sprinkler: Auto-Full
- Trees/Vegetation: Landscaping: Full
Financial Considerations
- Tax Amount: $3,095
- Terms: Cash, Conventional
Disclosures and Reports
- Inclusions: Dryer, Microwave, Range, Refrigerator, Washer
- Property ID: 19-021-0062
Listed by Rock Canyon Real Estate LLC
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Schools
Schools serving 1814 S Columbia Ln E
School District:Alpine District
Rating | Name | Grades | Distance |
---|---|---|---|
250 E 1650 S, Orem, UT 84058 | PK-6 | 0.5 mi | |
951 S 400 W, Orem, UT 84058 | 7-9 | 1.6 mi | |
665 W Center St, Orem, UT 84057 | 10-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1814 S Columbia Ln E
Date
Details
Price
Change
Source
11/18/2024
Price Reduced
$875,000
-2.23%
MLS
10/23/2024
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1814 S Columbia Ln E
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,095
—
$378,420
-7%
2023
$3,100
11%
$407,455
-7%
2022
$2,796
-4%
$439,300
12%
2021
$2,924
4%
$393,700
29%
2019
$2,817
2%
$305,315
53%
2018
$2,764
13%
$199,925
-19%
2017
$2,456
-6%
$247,715
2%
2016
$2,608
-5%
$242,585
1%
2015
$2,739
1%
$240,990
1%
2014
$2,720
-5%
$238,220
2%
2013
$2,872
—
$233,190
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1814 S Columbia Ln E
1814 S Columbia Ln E, Orem, UT 84097 (MLS# 2030476) is a Triplex property with 6 bedrooms and 0 full bathrooms. 1814 S Columbia Ln E is currently listed for $875,000 and was received on October 23, 2024. Want to learn more about 1814 S Columbia Ln E? Do you have questions about finding other Triplex real estate for sale in Orem? You can browse all Orem real estate or contact a Coldwell Banker agent to request more information.