420 20TH ST
Ogden, UT 84401
About
Fully Renovated 12-Unit | Ogden | Turnkey and City-Permitted Completely renovated top to bottom with all work permitted and inspected by Ogden City. This 12-plex has had the expensive systems replaced, not just the finishes: all-new electrical with new panels and meters inside and out, all-new plumbing throughout, and new electric baseboard heat in every unit. Every apartment has been rebuilt with new kitchen cabinets, quartz countertops, and new appliances; new bathrooms with tile surrounds, tubs, vanities, and fixtures; and durable laminate flooring throughout. New light fixtures, hardware and drywall. Brand new tankless water heaters supply all the water for the units. Nothing left for the next owner to do. Unit mix is 7 one-bed/1-bath and 5 studio/1-bath apartments across three buildings on a single lot. A shared coin-op laundry room in building 412 serves all tenants and adds ancillary income. The property is professionally managed by a third-party management company and can transfer with management in pace. Rents were low to lease up and are below market rental rates. An attached pro-forma shows market rents and stabilized NOI. With major capital items already addressed, this is a rare fully stabilized, low-maintenance asset built for long-term hold. Street parking only; no off-street parking on site.
Property
Beds
12
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
5,557
Features
Features & Amenities
Interior
-
Total Bedrooms
12
-
Bathrooms
N/A
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Clapboard
-
Pool
No
-
Waterfront YN
NO
-
View
Mountain(s)
Area & Lot
-
Lot Size(acres)
0.19
-
Lot Size(square feet)
8,276
-
Property Type
Residential
-
Property Sub Type
Multi Family
-
Architectural Style
Stories: 2
Price
-
Sales Price
$1,899,000
-
Tax Amount
$3,867
-
Sq. Footage
5,557
-
Price/SqFt
$341
HOA
-
Association
No
Property Resources
-
Horse Property
NO
School District
-
Elementary School
Ogden
-
Middle School
Mound Fort
-
High School
Ogden
Property Features
-
New Construction
NO
-
Senior Community YN
NO
Schedule
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Location
-
County
Weber
-
Elementary School
Ogden
-
Middle School
Mound Fort
-
High School
Ogden
Listing Courtesy of Clay Rockwood, Rockwood & Company LLC
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Damon Luke
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Call Damon today to schedule a private showing.
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