DEVELOPER TEST TENANT

Rambler/Ranch

768 W 24TH ST S

Ogden , UT 84401

MLS#: 2110599

$750,000

Status: Active
Listing number: 2110599
Listing provided by: Equity Real Estate (Premier Elite)
Listing agent phone: None
Last update: 8 days ago
On site: 28 days ago
Browse Properties
BROOKLYN ADDITION / 24TH STREET SUBDIVISION - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

3/4 Baths

1

Year Built

1937

Sq.Footage

1,452

*Big Price Drop* 24th Street Investor/Builder/Developer Opportunity Rental Home + 1.03 Acres Motivated seller, priced for quick sale. Property Details: 1.03-acre lot with single-family home (vacant, proven rental history). Rezone approved by planning commission for 16 mixed-use townhomes (~1,700 sq. ft. residential + 500 sq. ft. commercial, each with 2-car garages). Potential for Phase 2 expansion with additional acreage via vacated city road. Comparable sold new built townhomes are between $475K-$525K. Land value if fully entitled would be $1,100,000. Selling at rezone with plenty of meat on the bone for a quick exit and lots of upside for the new owner. Opportunity: Prime location near new upcoming I-15 interchange, Weber State University, and downtown Ogden. Ogden City redevelopment driving demand for housing and mixed-use projects. Immediate options to lease home for income or use during entitlement/build-out. Not your typical rezone. Planning commission approvals secured include: rezone, development agreement, and code amendment. Ideal for 1031 exchange buyer with immediate utility and strong future upside. Amazing opportunity for an investor, developer, or builder. Buy now, cashflow, build next, cash out later with multiple exit strategies. Full project data room available upon request. All parcel's included in the sale are: 140200004, 1410200002, 140200001, 14020003 Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor. Buyer is advised to obtain an independent measurement.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • 3/4 Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Evaporative Cooling

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas, Forced Air

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Aluminum Siding

  • Parking

    RV Access/Parking

  • Patio and Porch Features

    Porch

  • Pool

    No

  • View

    Mountain(s)

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    1.03

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Rambler/Ranch

Price

  • Sales Price

    $750,000

  • Tax Amount

    3000.0

  • Zoning

    R15 MU

  • Sq. Footage

    1, 452

  • Price/SqFt

    $516

HOA

  • Association

    NO

School District

  • Elementary School

    Ogden

  • Middle School

    Mound Fort

  • High School

    Ben Lomond

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Weber

Elementary School

Ogden

Middle School

Mound Fort

High School

Ben Lomond

Listing Courtesy of Luke Kennard , Equity Real Estate (Premier Elite)

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Agent EugenePontecorvo

Principal Broker

EugenePontecorvo

Call Eugene today to schedule a private showing.

(815) 780-9623

(815) 780-9623

[email protected]


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*Big Price Drop* 24th Street Investor/Builder/Developer Opportunity Rental Home + 1.03 Acres Motivated seller, priced for quick sale. Property Details: 1.03-acre lot with single-family home (vacant, proven rental history). Rezone approved by planning commission for 16 mixed-use townhomes (~1,700 sq. ft. residential + 500 sq. ft. commercial, each with 2-car garages). Potential for Phase 2 expansion with additional acreage via vacated city road. Comparable sold new built townhomes are between $475K-$525K. Land value if fully entitled would be $1,100,000. Selling at rezone with plenty of meat on the bone for a quick exit and lots of upside for the new owner. Opportunity: Prime location near new upcoming I-15 interchange, Weber State University, and downtown Ogden. Ogden City redevelopment driving demand for housing and mixed-use projects. Immediate options to lease home for income or use during entitlement/build-out. Not your typical rezone. Planning commission approvals secured include: rezone, development agreement, and code amendment. Ideal for 1031 exchange buyer with immediate utility and strong future upside. Amazing opportunity for an investor, developer, or builder. Buy now, cashflow, build next, cash out later with multiple exit strategies. Full project data room available upon request. All parcel's included in the sale are: 140200004, 1410200002, 140200001, 14020003 Square footage figures are provided as a courtesy estimate only and were obtained from County Assessor. Buyer is advised to obtain an independent measurement.

768 W 24TH ST S

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