UT > Washington Terrace > James Place
Washington Terrace, UT 84405,4931 S 300 W
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Washington Terrace, UT 84405,4931 S 300 W
Washington Terrace, UT 84405,4931 S 300 W
Washington Terrace, UT 84405,4931 S 300 W
Washington Terrace, UT 84405,4931 S 300 W
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Stephanie Brown

Stephanie Brown

+1(801) 455-4652
$ 4,500,000
Est. payment /mo
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4931 S 300 W Washington Terrace, UT 84405

60 Beds

20 Baths

21,560 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 21,560 sqft

Price per Sqft $208

Subdivision James Place

MLS Listing ID 2110397

Bedrooms 60

Construction Status Blt./Standing

HOA Y/N No

Year Built 1998

Annual Tax Amount $35,904

Lot Size 0.970 Acres

Acres 0.97

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

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.

Location

State UT

County Weber

Area Ogdn; W Hvn; Ter; Rvrdl

Zoning Multi-Family

Interior

Heating Forced Air, Gas: Central

Flooring Carpet, Laminate

Inclusions Range, Refrigerator

Fireplace No

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Double Pane Windows

Utilities Available Natural Gas Connected, Electricity Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Asbestos Shingle

Present Use Residential

Topography Fenced: Part, Sprinkler: Auto-Full

Private Pool No

Building

Lot Description Fenced: Part, Sprinkler: Auto-Full

Sewer Sewer: Connected

Water Culinary, Secondary

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Roosevelt

Middle Schools T. H. Bell

High Schools Bonneville

School District Weber

Others

Senior Community No

Tax ID 07-510-0003

Listed by ERA Brokers Consolidated (Ogden)
Stephanie Brown

Stephanie Brown

Agent | License ID: 6292495-SA00

+1(801) 455-4652

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4931 S 300 W