$590,000
$575,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
5,300 SqFt
SOLD DATE : 03/30/2022
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type > 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $111
Subdivision Ogden City Survey
MLS Listing ID 1788982
Sold Date 03/30/22
Style Other/See Remarks
Bedrooms 3
Construction Status Blt./Standing
HOA Y/N No
Year Built 1883
Annual Tax Amount $3,695
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 0.0x0.0x0.0
Property Description
Located just 1/2 block off historic 25th street and it backs up to the Monarch Building. 5 Power meters/5 gas meters/5 Separate furnaces/5 water heaters. Currently on paper a 3plex but in the zone to allow 5plex, Meth testing was done and 3 units were remediated in 6/21, 2 new water heaters installed 9/21, Current rental income 2825 a month and 2 more units to be finished in basement and rented(estimated for 40k). Rents are low based the location and condition, owner has 2 kitchens ready to install with appliances( but did not get it completed) in lower level units. All 5 furnaces have been replaced within last 7 years Davenport foundation repair was done 8/21(comes with warranty), 16 large trees have been cut and removed 8/21,Owner just not have time to finish the job that was started. Roof leaked and has been fixed but sheetrock has not been repaired. Unit #1 is a very large 2 bedrooms(could be changed to have 3 bedrooms) 10 ft ceilings with open beans, hickory cabinets, plus laundry unit, LVP and Title flooring through entire unit. Updated kitchen and bath, tenant has bee in property for 4-5 years. Meth remediation completed 8/21 unit #2 upstairs- oak cabinets, tile floors, new faucet 10/22, Huge bedroom about 20x20, Updated kitchen and bath. Tennant has been in property for 8 years. Unit 3# hickory cabinets, stainless appliances, tile/LVP/carpet flooring, bedrooms about 15x20 with double closets. tenant has been in property for 4-5 years. Unit 4- recently gutted and already started putting it back together- with can lighting installed, removal lath plaster walls/cielings and reframed portions and fixed sagging ceiling with beams, new windows, new door, pipes moved into ceilings. Unit 5- Meth remediation was competed 8/21, some lath walls and ceilings removed, but new kitchen and appliances ready to install with minimal work to get rented again.
Location
State UT
County Weber
Area Ogdn; Farrw; Hrsvl; Pln Cty.
Zoning Multi-Family
Interior
Interior Features Alarm: Fire, Basement Apartment, Disposal, Floor Drains, Great Room, Kitchen: Updated, Range/Oven: Free Stdng., Dishwasher: Built-In
Heating Forced Air, Gas: Central
Flooring Carpet, Laminate, Tile
Fireplace false
Window Features Blinds,Part,Shades
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Basement Entrance, Bay Box Windows, Deck; Covered, Double Pane Windows, Lighting, Patio: Covered, Porch: Open, Walkout
Carport Spaces 8
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
View Y/N Yes
View Mountain(s)
Roof Type Asphalt
Present Use Residential
Topography Curb & Gutter, Fenced: Part, Road: Paved, Secluded Yard, Sidewalks, View: Mountain
Accessibility Accessible Doors, Accessible Hallway(s), Single Level Living, Visitable, Customized Wheelchair Accessible
Porch Covered, Porch: Open
Total Parking Spaces 8
Private Pool false
Building
Lot Description Curb & Gutter, Fenced: Part, Road: Paved, Secluded, Sidewalks, View: Mountain
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Brick,Stone
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools James Madison
Middle Schools Highland
High Schools Ogden
School District Ogden
Others
Senior Community No
Tax ID 01-015-0035
Ownership Agent Owned
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Utah Prestige Real Estate, LLC