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1140 W 950 N photo 11 / 17

$269,990

1140 W 950 N, Orem, UT 84057

Type

Condo

List Price

$269,990

Price/Sqft

$278

Est Gross Yield

6.0%

$16,140/yr est.

Property Details

Property typeCondo
Year built2022
Total units1
Living area970 sqft
Bedrooms2
Bathrooms1
Lot size0.02 acres
Days on market30
Listed2026-05-13T00:00:00+00:00

Description

Welcome to this beautifully maintained bottom-floor end-unit condo in Orem, offering comfort, natural light, and thoughtful upgrades throughout. The end-unit location brings in abundant light with additional side windows in the living area and a window above the kitchen sink, creating a bright and inviting feel. The open-concept layout features pendant lighting above the kitchen counter, a stylish dining chandelier, extra recessed lighting above the sink and in the living room, a dimmer switch for adjustable ambiance, and a dedicated wall TV outlet for a clean entertainment setup. Additional shelving in the laundry closet and storage room, along with extra electrical outlets throughout, add practical functionality. Community amenities include open green space, sports courts, and playground areas. This unit also includes one covered parking space and one additional uncovered space. With quick access to I-15, just 7 minutes to Utah Valley University, 15 minutes to BYU, less than 15 minutes to Provo Canyon, and close to shopping and dining, this home is a must see! ***This property also offers strong investment potential, as it includes a lifetime right to rent the unit if it is not owner-occupied. Not all units in the community have rental eligibility, making this a unique advantage. Buyer is advised to independently verify all measurements and property information to their satisfaction

Listed by Parker Young · Lakeside Real Estate LC

Location

1140 W 950 N, Orem, UT 84057

Proforma

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Cap Rate

3.98%

Cash-on-Cash

-1.87%

Cash Flow

-$158/mo

Purchase Price$269,990
Down Payment35% ($94,497)
Interest Rate6.00%
Monthly Rent$1,345/mo
Vacancy5%
Expense Ratio30% ($4,600)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/12/2026, 2:01:03 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.