287 N 680 E, Vineyard, UT 84059
287 N 680 E, Vineyard, UT 84059
287 N 680 E, Vineyard, UT 84059
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$384,500
Est. payment /mo
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3 Beds
3 Baths
1,910 SqFt
Price Dropped by $200K

287 N 680 E Vineyard, UT 84059

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Hollie Gill

Hollie Gill

+1(801) 798-7748

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,910 sqft

Price per Sqft $201

Subdivision Edgewater

MLS Listing ID 2185812

Style Townhouse; Row-mid

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Blt./Standing

HOA Fees $275/mo

HOA Y/N Yes

Abv Grd Liv Area 1,550

Year Built 2014

Annual Tax Amount $2,500

Lot Size 435 Sqft

Acres 0.01

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Townhouse

Property Description

TURNKEY VINEYARD INVESTMENT OPPORTUNITY WITH AN APPROX. 10% CAP RATE! Currently operating as an established mid-term rental with professional on-site property management, this property offers a compelling opportunity for an investor looking for income, proven performance and a simple transition. The rental business has continued to gain momentum in 2026. According to the current Property Manager, the property has approximately $40,800 in rental revenue earned/booked through October, with recent months reaching approximately $4,700/month. Based on current performance, projected normalized income and reported operating expenses, the property offers an estimated NOI of approximately $34,000$40,000 before management-or approximately a 10% cap rate at the $384,900 list price. Past rental history further supports the established nature of the operation. The opportunity can be especially turnkey for a new investor. The existing furniture and furnishings may be purchased separately from the Property Manager for approximately $7,500, and the current Property Manager is open to continuing management for the new owner-potentially allowing the rental operation to continue with minimal disruption. The home features 3 bedrooms, approximately 1,910 finished sq. ft., a finished basement and attached garage, plus community amenities including a clubhouse, fitness room, pool and more. Convenient Vineyard location near UVU, BYU, shopping, dining, entertainment and transportation. Rental income, expenses, projections and financial information provided by the current Property Manager. Buyer to independently verify and analyze all information. Past performance does not guarantee future income, occupancy or investment returns.

Location

State UT

County Utah

Area Pl Grove; Lindon; Orem

Zoning Multi-Family

Rooms

Basement Full

Primary Bedroom Level Floor: 3rd

Interior

Interior Features Disposal, Range/Oven: Built-In, Vaulted Ceilings, Granite Countertops

Cooling Central Air

Flooring Carpet, Laminate

Fireplace No

Window Features Blinds

Laundry Electric Dryer Hookup

Exterior

Garage Spaces 1.0

Community Features Clubhouse

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected

Amenities Available Barbecue, Clubhouse, Fitness Center, Insurance, Maintenance, Pets Permitted, Picnic Area, Pool, Sewer Paid, Snow Removal, Tennis Court(s), Trash, Water

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Sprinkler: Auto-Full, Terrain, Flat

Handicap Access Accessible Hallway(s)

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinkler: Auto-Full

Faces West

Story 4

Sewer Sewer: Connected, Sewer: Public

Water Culinary

Architectural Style Townhouse; Row-mid

Finished Basement 100

Structure Type Asphalt,Composition,Stone

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Vineyard

Middle Schools Lakeridge

High Schools Mountain View

School District Alpine

Others

HOA Fee Include Insurance,Maintenance Grounds,Sewer,Trash,Water

Senior Community No

Tax ID 38-460-0007

Monthly Total Fees $275

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Real Broker, LLC

I CAN HELP YOU MAKE AN OFFER ON THIS PROPERTY

Hollie Gill
Hollie Gill

Realtor - Residential Sales Agen License ID: 5507742-SA00

+1(801) 798-7748 | hollie4homes@gmail.com

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287 N 680 E