$900,000
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931 E 1225 N Ogden, UT 84404
11 Beds
12 Baths
4,115 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,115 sqft
Price per Sqft $199
Subdivision Meadowlark Meadows S
MLS Listing ID 1818946
Sold Date 08/03/22
Style Rambler/Ranch
Bedrooms 11
Half Baths 1
Three Quarter Bath 11
Construction Status Blt./Standing
HOA Y/N No
Abv Grd Liv Area 4,115
Year Built 1994
Annual Tax Amount $2,780
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.0x0.0x0.0
Property Description
This is a once-in-a-lifetime deal! It is currently permitted and operating as a short-term rental (vacation rental) with a mid-term booking all the way through August at $12,400 a month. Everything needed to rent this property is included. At $900k this is a 10.7% cap rate turn-key investment. Recently remodeled, there are no improvements that have to be made to make this property a cash flow machine. You won't find a better deal on the MLS. This is a one-story living that would work great for converting it into a group home or senior living facility with very little effort, as well. Every bedroom has a 3/4 bath and one bedroom is a full studio apartment (with a full kitchen) that can be used for management, office, or just a higher value rental. Could also easily convert the studio into a 3 bedroom apartment and rent the property as a permitted duplex. Please don't disturb the guests at the property. No showings until after an accepted offer. Proof of funds necessary on all offers. Please see attached documents for P&L. The selling agent is related to the seller. Square footage is based on county records. Buyer to verify all information. A recent residential appraisal came in at $875,000. A two-year-old commercial appraisal came in at $1.2 Million. See Commercial Listing here 1820525. Current use qualifies it for commercial use Virtual Walk-Through: https://my.matterport.com/show/?m=uspQZGi2J1x
Location
State UT
County Weber
Area Ogdn; Farrw; Hrsvl; Pln Cty.
Zoning See Remarks, Multi-Family, Short Term Rental Allowed
Rooms
Basement None
Main Level Bedrooms 11
Interior
Interior Features See Remarks, Alarm: Fire, Disposal, Great Room, Kitchen: Updated, Mother-in-Law Apt.
Heating Forced Air
Cooling Central Air
Flooring See Remarks, Carpet, Laminate, Linoleum
Equipment Window Coverings
Fireplace false
Window Features Drapes,Part
Appliance Dryer, Microwave, Refrigerator, Washer
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Patio: Covered
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 Single Family
Topography Corner Lot, Cul-de-Sac, Fenced: Part, Sidewalks, Sprinkler: Auto-Full, Terrain, Flat, View: Mountain
Accessibility See Remarks, Accessible Doors, Accessible Hallway(s), Fully Accessible, Ground Level, Accessible Kitchen, Accessible Entrance, Roll-In Shower, Single Level Living, Customized Wheelchair Accessible
Porch Covered
Total Parking Spaces 6
Private Pool false
Building
Lot Description Corner Lot, Cul-De-Sac, Fenced: Part, Sidewalks, Sprinkler: Auto-Full, View: Mountain
Faces North
Story 1
Sewer Sewer: Connected, Sewer: Public
Water Culinary
Structure Type Aluminum,Asphalt,Brick
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools Lincoln
Middle Schools Highland
High Schools Ben Lomond
School District Ogden
Others
Senior Community No
Tax ID 11-195-0020
Ownership Agent Owned
Security Features Fire Alarm
Acceptable Financing See Remarks, Cash
Horse Property No
Listing Terms See Remarks, Cash
Financing Cash
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Bought with Conrad Cruz Real Estate Services, LLC
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