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  • Listing Number40588357
  • Expiration DateAug 6, 2025
  • Page Views2212
  • Favorited7
  • Member SinceSep 2018
  • Days Online42
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290 E 500 S
Bountiful, UT 84054

By Owner | 42 Days
2212
$909,000
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Description

Prime Multi Unit Investment Property in the Heart of Bountiful THIS IS RENTED. TEXT TO SCHEDULE. DO NOT KNOCK ON DOOR PLEASE. Owner does NOT live on site. Address: 288–290 E 500 S, Bountiful, Utah 84010 Situated just minutes from charming downtown Bountiful, this rare multi-unit property offers a unique blend of income potential, versatility, and location. With four rentable units — including a duplex, a mother-in-law apartment, and a non-conforming ADU — this is an excellent opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Property Highlights: Four income-generating units with private entrances and fenced backyards Recent renovations within the past five years Current rents total $7,300+/month with upside potential Tenants pay month-to-month or are under 1yr lease Utilities included in rents for simplified management Unit Breakdown: 290 Front (Main Unit): 3 bed (functions as 4), 2 bath, 1-car garage, vintage charm with 1950s built-ins; rents for $2,200+ 290 ADU: 1 bed, 1 bath, small kitchenette (no dishwasher); currently vacant, previously used as Airbnb 288 Middle: 3 bed, 1 bath, oversized 2-car garage (fits 3 vehicles); under lease through Oct 2025 at $2,200+ 288 Back: 2 bed, 1 bath, dedicated parking, long-term tenants (15+ years); currently rented for $1,500 with room for increase Investment Considerations: Potential combined rental income of $7,500+ per month Non-conforming ADU offers flexible usage (Airbnb, guest unit, or convert to legal unit) Strong tenant history with low turnover Quiet neighborhood with proximity to shops, schools, parks, and I-15 access Whether you’re a seasoned investor or first-time buyer seeking a property with multiple revenue streams, this well-located multi unit in Bountiful is a rare find. Don't miss the chance to own a solid asset in one of Utah’s most desirable suburban communities. Measurements, taxes, and sq ft are estimates, you will need to check with the county and appraise property for exact measurements.

Property Details

  • Property Type:Multi-Family Home
  • Seller Type:By Owner
  • School District:Davis School District
  • Bedrooms:9
  • Bathrooms:5+
  • Year Built:1960
  • Square Feet:5,000
  • Acreage:0.32
  • Heating:Forced Air
  • Cooling:Central Air
  • Garage/Parking:3 Car Attached Garage, Driveway
  • Yard:Fenced - Full
  • Appliances Included:Range, Refrigerator, Microwave
  • Basement Type:Full - Finished
  • Floor Coverings:Tile, Linoleum, Hardwood, Carpet, Laminate
  • Exterior Material:Aluminum/Vinyl
  • Special Features:Sprinklers - Automatic, Deck, Patio - Uncovered
  • HOA Fees:N/A

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