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302 40th St
South Ogden, UT 84405
MLS #1977655

$1,349,000

 Offer Accepted

12 Beds | 8 Baths | 0 Garage | 7,000 Sq Ft

Estimated Payment:  /month 
302  40th St
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Quadruplex for Sale

Meet the "Brooks on 40th". An architectural wonder in the heart of Ogden. This almost brand new 4-plex sits tucked below the mountains with incredible views and nearby amenities demanding top dollar rents. From quartz countertops, high-end cabinets, LVP, 13 ft high ceilings, and so many more amenities; this property will serve as an incredible addition to any investors portfolio. This property was a ground up construction project. Location is absolutely prime being less than 5 minutes away from Weber State University, McKay-Dee Hospital, and heavy commercial. P/L + Rent roll statement attached with listing. This property has been owner operated since it's completion in 2021. Property is fully occupied bringing in almost $7,500/mo in gross rent!! Tenants pay all utilities as well. See agent remarks for proforma. Square footage figures are provided as a courtesy estimate only and were obtained from original appraisal. Buyer is advised to obtain an independent measurement.Seller finance terms: Interest rate: 3.99% Purchase price: $1,349,000 Down payment: $634,000 Loan amount: $715,000 Balloon: 4 years

Price Insights
Current price
Price per sq ft
Price per finished sq ft
$1,349,000
$193 / square foot
$193 / finished sq ft

113 Days on the Market
Status: Offer Accepted

Schools, Inclusions, & Exclusions

Dryer, Microwave, Range, Refrigerator, Washer, Video Camera(s)
Inclusions are often re-negotiated during contract negotiation.
No items have been listed as excluded.

Weber School District

Elementary: Washington Terrace
Middle: South Ogden
Senior: Bonneville
The Numbers
Interior :
Style :
Year built :
Lot acres :
Lot sq ft :
7,000 square feet
Style: 3 Story
2021
.16 acres
6,970 square feet

Home Features & Amenities

Private Showing

Jenn Kikel Lynn, Realtor<sup>®</sup>
For showing appointments, call Jenn Kikel Lynn, Realtor® to view the home at 302 40th St in South Ogden. Give Jenn Kikel Lynn, Realtor® a call at (801) 641-1571.
302 40th St was listed on Jan 25th, 2024 by NRE, a real estate brokerage.

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