Address
3455 S BRINKER AVE Ogden, UT
Price
$ 850,000
Property Attributes
  • MLS#1538955
  • TypeMulti-Family
  • CountyWEBER
  • CityOgden
  • AreaOgdn
  • Zip84403
  • Style
  • Year Built1947
  • Taxes4988
  • Price$ 850,000
  • Bedrooms22
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage14160
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Equity Real Estate - Solid
Property Description

Total square footage figures are provided as a courtesy estimate only and were obtained from previous listing MLS #1165756. From Weber county assessor office, the total square footage is estimated to be 10186. Buyer is advised to obtain an independent measurement. The listing price reflects cap rate of 8.2 based on first 6 months in 2018. The cap rate is 7.2 for 2017 for comparison. The property generates a steady stream of cash flow. The operating statement is attached. This is a premium location, only a few blocks from Weber State University. Right on the Harrison BLVD commercial Corridor. Shadow Valley Elementary is assigned, score 8 out of 10 by greatschools! The best school in South Ogden area. The school bus picks up at the closest intersection. A lot of tenants come and stay for Shadow Valley Elementary. Very solid tenants. 9 tenants have jobs and two on section 8. The criteria for lease here: income over 2.75 times of the rent and no drug related history. There is a combination of architectural and building styles. A row of five townhouse-styled units were added in 1960. And it has a Ogden City Nonconforming Use Certificate for 10-Plex! Owner pays water, sewer, dumpster. Majority of the units are individually metered for power and gas. Some units have joint meters, either the utility is included in rent or paid by tenants to the landlord. Major capital spending has been made during the current ownership, total $117,200. The main sewer lateral was replaced in 2014 with a street excavation permit to connect to the city sewer on Van Buren. A second sewer lateral was discovered in 2015 and was replaced. Two furnaces and five water heaters were replaced. The roof on Unit 11 were replaced in 2014. 12 new windows in last four years. A new coin-op laundry. New flooring in almost every unit. Fresh paint during every turnover.

Elementary School Middle School High School
Shadow Valley Elementary School Mount Ogden Middle School Ogden High School
Price History
7/11/2018 Listed $850,000

General Features

Amenities Electric Dryer Hookup, Laundry: Coin, Laundry: Hookups, Workshop
Area Ogdn; W Hvn; Ter; Rvrdl
Front Facing E
Quadrant SE
Status Active
Style Other/See Remarks
Units 10
Zoning Multi-Family

Interior Features

Flooring Carpet, Tile, Vinyl
Heating Forced Air
Utilities Gas: Connected, Power: Connected, Sewer: Connected, Water: Connected
Windows Blinds

Exterior Features

Terms See Remarks, Cash, Commercial Fin. Req., Exchange, Owner 2nd, Seller Finance
Driveway Concrete
Exterior Aluminum/Vinyl, Brick
Landscape Landscaping: Full, Mature Trees
Parking Capacity 22
Roof Asphalt Shingles, Flat
Water Culinary, Irrigation

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84403

Price
AVG $340K
$850K
Taxes
AVG $2,010
$4,988
Visits
AVG 98
33
Year Built
AVG 1939
1947
Walkscore
AVG 62
61

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