Although presently rented as apartments, units were constructed as condo units with individual parcel ID numbers. 20 separate units, each with: 3 bedrooms, 1 bathroom Individual ownership potential - units are structurally and legally set up for separate condominium conversion. Distinct utilities per unit for seamless transition to individual ownership or rentals. In-unit laundry hookups (washer and dryer ready). Central heating and air conditioning for tenant comfort. Dual parking: one covered and one uncovered stall per unit. Low-hassle Income Producer: Strong rental history with excellent occupancy - reliable cash flow potential. Ideal for a condo-conversion strategy: New owner could establish an HOA and sell units individually, or continue as turnkey rentals. Tax-Smart Opportunity: 1031 Exchange Eligible Perfect for investors looking to defer capital gains taxes through a 1031 tax-deferred exchange. Timing-sensitive - potential for rapid closing with proper Qualified Intermediary setup. Why It Stands Out: Investor-flexible design: Easily manage as a single asset or subdivide into individual condo units. Turnkey-ready systems: Utilities, HVAC, and parking are already broken out per unit, saving conversion hassle. Strategic tax advantages: Eligibility for a 1031 exchange makes it a powerful tool for portfolio growth and tax deferral.
For sale
$4,500,000
4931 S 300 W, Ogden, UT 84405
60beds
20baths
21,560sqft
Est.:
Multi Family
Built in 1998
-- sqft lot
$4,169,100 Zestimate®
$209/sqft
$-- HOA
What's special
Dual parkingIn-unit laundry hookups
- 25 days |
- 275 |
- 10 |
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