Utah
Orem
1532 S 200 E

$534,000

1532 S 200 E, Orem, UT 84058

4 beds |
2 baths |
1,998 sqft

Single-Family Home
Built in 1971
7,405sqft lot
1 car garage
$267/sqft
Listed 3 months ago

Property Description

IFHA Assumable Loan at 2.3% Interest! Income Potential in Prime Orem Location Take advantage of an FHA assumable loan at an incredible 2.3% interest rate with up to 120 days for closing-a rare opportunity for both homeowners and investors! Located just minutes from shopping, dining, grocery stores, and University Place Mall, this well-maintained property offers exceptional convenience and value. Main Level Highlights: Stylish, updated kitchen with granite countertops, farmhouse sink, and ample cabinet space Expansive, fully fenced backyard featuring a 17x17 ft deck and built-in fire pit-perfect for outdoor entertaining New sprinkler system and lawn installed in 2019 Income-Generating Layout: Separate mother-in-law or rental apartment with private entrance, tall ceilings, and great natural light Both units are currently renting for $1,700/month each Upstairs unit leased through December 2025, offering stable income Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this home delivers versatility and long-term potential. 24-hour notice required for all showings. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

Listing Status:: Active
Date Added:: May 19, 2025 at 06:00AM
Listing Office:: Homie : 520-940-0583
Listing Agent:: Robert Ross : 520-940-0583
MLS ID:: 2090372

General: Accessory AptBasement ApartmentBath: Sep. Tub/ShowerCloset: Walk-InDisposalFloor DrainsFrench DoorsKitchen: SecondKitchen: UpdatedMother-in-Law Apt.Range/Oven: Free Stdng.Vaulted CeilingsGranite CountertopsSmart Thermostat(s)
Appliances: DryerMicrowaveRefrigeratorWasherWater Softener Owned
Laundry: Electric Dryer Hookup
Basement: EntranceFull
Flooring: CarpetTileVinyl
A/C: Central Air
Heating: Gas: Central>= 95% efficiency

This listing courtesy of Robert Ross, Homie

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Cherry Hill Elementary

250 E 1650 S, Orem, UT, 84058

Grades PK-6

0.16 miles away

Lakeridge Junior High

951 S 400 W, Orem, UT, 84058

Grades 7-9

0.99 miles away

Mountain View High School

665 W Center St, Orem, UT, 84057

Grades 10-12

2.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.