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Gregory Ence

gregence@gmail.com +1(435) 669-5067

$ 1,899,000

Est. payment | -/mo

12 Beds

12 Baths

5,557 SqFt

Save

$ 1,899,000

Est. payment | -/mo

Save

12 Beds

12 Baths

5,557 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,557 sqft

Price per Sqft $341

MLS Listing ID 2182680

Style Stories: 2

Bedrooms 12

Construction Status Blt./Standing

HOA Y/N No

Year Built 1936

Annual Tax Amount $3,867

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Fully Renovated 12-Unit | Ogden | Turnkey and City-Permitted Completely renovated top to bottom with all work permitted and inspected by Ogden City. This 12-plex has had the expensive systems replaced, not just the finishes: all-new electrical with new panels and meters inside and out, all-new plumbing throughout, and new electric baseboard heat in every unit. Every apartment has been rebuilt with new kitchen cabinets, quartz countertops, and new appliances; new bathrooms with tile surrounds, tubs, vanities, and fixtures; and durable laminate flooring throughout. New light fixtures, hardware and drywall. Brand new tankless water heaters supply all the water for the units. Nothing left for the next owner to do. Unit mix is 7 one-bed/1-bath and 5 studio/1-bath apartments across three buildings on a single lot. A shared coin-op laundry room in building 412 serves all tenants and adds ancillary income. The property is professionally managed by a third-party management company and can transfer with management in pace. Rents were low to lease up and are below market rental rates. An attached pro-forma shows market rents and stabilized NOI. With major capital items already addressed, this is a rare fully stabilized, low-maintenance asset built for long-term hold. Street parking only; no off-street parking on site.

Location

State UT

County Weber

Area Ogdn; W Hvn; Ter; Rvrdl

Zoning Multi-Family

Interior

Interior Features Kitchen: Updated

Heating Electric

Flooring Laminate, Tile

Inclusions Dryer, Microwave, Range, Range Hood, Refrigerator, Washer

Fireplace No

Exterior

Exterior Feature Double Pane Windows

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

View Y/N Yes

View Mountain(s)

Roof Type Flat,Metal

Present Use Residential

Topography Fenced: Part, View: Mountain

Private Pool No

Building

Lot Description Fenced: Part, View: Mountain

Faces South

Sewer Sewer: Connected

Water Culinary

Architectural Style Stories: 2

Structure Type Brick,Clapboard

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Taylor Canyon

Middle Schools Mound Fort

High Schools Ogden

School District Ogden

Others

Senior Community No

Tax ID 02-064-0003

Acceptable Financing Cash, Conventional, Seller Finance

Listing Terms Cash, Conventional, Seller Finance

Listed by Rockwood & Company LLC

Nearby Locations

GET MORE INFORMATION

Gregory Ence

REALTOR® Lic# 12519155-SA

gregence@gmail.com

+1(435) 669-5067

320 E 600 S, St., George, UT 84770

420 20TH ST Ogden, UT 84401

Gregory Ence

Key Details

Location

Interior

Exterior

Building

Schools

Others

420 20TH ST