768 W 24TH ST S Active

Ogden,UT 84401

$ 800000

3 Beds

1 Bath

1452 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,452 sqft

Price per Sqft $550

Subdivision Brooklyn Addition / 24Th Street Subdivision

MLS Listing ID 2110599

Style Rambler/Ranch

Bedrooms 3

Full Baths 1

Year Built 1937

Annual Tax Amount $3,000

Lot Size 1.030 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State UT

County Weber

Area Ogdn; W Hvn; Ter; Rvrdl

Zoning Single-Family, Multi-Family

Interior

Heating Forced Air,Gas: Central

Cooling Evaporative Cooling

Flooring Carpet,Linoleum

Inclusions Dishwasher: Portable, Microwave, Range, Refrigerator, Storage Shed(s), Window Coverings

Equipment Storage Shed(s),Window Coverings

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Porch: Open

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

View Y/N Yes

View Mountain(s)

Roof Type Asphalt

Building

Lot Description Additional Land Available,Corner Lot,Curb & Gutter,Road: Paved,View: Mountain

Story 2

Sewer Sewer: Connected

Water Culinary

Structure Type Aluminum

New Construction No

Schools

Elementary Schools Odyssey

Middle Schools Mound Fort

High Schools Ben Lomond

School District Ogden

Others

Acceptable Financing Cash,Conventional,FHA,Seller Finance

Listing Terms Cash,Conventional,FHA,Seller Finance

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