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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 9/9/2025 |
|---|---|---|---|
| TRACT | JAMES PLACE | YEAR BUILT | 1998 |
| COMMUNITY | Ogdn; W Hvn; Ter; Rvrdl | COUNTY | Weber |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Ogdn; W Hvn; Ter; Rvrdl |
| CONSTRUCTION | Brick |
| HEAT | Central, Forced Air, Natural Gas |
| LOT | 0.97 acre(s) |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| PARKING | Covered |
| SUBDIVISION | JAMES PLACE |
| TAXES | 35904 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Available, Sewer Connected, Water Connected |
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Listed with ERA Brokers Consolidated (Ogden)
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