Price Reduced

View of building exterior with uncovered parking

View of property

View of building exterior with stairs and fence

Miscellaneous document

Listed By KW Salt Lake City Keller Williams Real Estate, Samuel Newell. 801-326-8800
| Data Source: © 2023 Wasatch Front Regional Multiple Listing Service, Inc.

Description

Details

Schools

Historic building and apartment complex ready for remodel. All plans and engineering are done, pending final city approval which will be done in the next 30 days. The two buildings are gutted and ready to be renovated. Amazing opportunity for investors/remodelers. Will cash flow very well when completed or sell for a great return. See attached proforma, Cornerstone Property Management did the proforma and are ready to manage and rent units out as soon as it's completed. Construction budget also attached, expected completion time from permits is 6-8 months. Square footage figures are provided as a courtesy estimate only and were obtained from architectural plans. Buyer is advised to obtain an independent measurement.

UTILITIES

Heating

Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1922

Garage

None

Style

Stories: 3

2020 Taxes

$24,000

NAME	GRADES	DISTANCE
James Madison Elementary	Pre - 6
Mound Fort Jr. High	7 - 9
Ogden High School	10 - 12

$900,000

($69/SF) • $/month

Listing Price

$

Down payment

$

%

Length of Loan

Interest Rate

%

Property Taxes

$

/year

HOA

$

/month

Insurance

$

/year

estimated monthly payment:

$

Price Change: $-600,000

29 Bed •

21 Bath •

13,060 SF •

0.41 AC

486 26 St

Ogden, UT 84401

Subdivision

MLS# 2076949

77 Days on Market

Tia Monson Portrait

Tia Monson Tia@mountainluxury.com 801.540.5173 Realtor®

Description

Details

Schools

Historic building and apartment complex ready for remodel. All plans and engineering are done, pending final city approval which will be done in the next 30 days. The two buildings are gutted and ready to be renovated. Amazing opportunity for investors/remodelers. Will cash flow very well when completed or sell for a great return. See attached proforma, Cornerstone Property Management did the proforma and are ready to manage and rent units out as soon as it's completed. Construction budget also attached, expected completion time from permits is 6-8 months. Square footage figures are provided as a courtesy estimate only and were obtained from architectural plans. Buyer is advised to obtain an independent measurement.

UTILITIES

Heating

Gas: Central

Cooling

unspecified

Water/Sewer

Culinary, Sewer: Connected

Electric

unspecified

Info

Year Built

1922

Garage

None

Style

Stories: 3

2020 Taxes

$24,000

NAME	GRADES	DISTANCE
James Madison Elementary	Pre - 6
Mound Fort Jr. High	7 - 9
Ogden High School	10 - 12

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