4931 S 300 West
Washington Terrace, UT 84405
$4,500,000 See similar homes
MLS #2110397
Status: Available
By the Numbers
| 60 Bedrooms | 21,560 sq ft |
| 20 Bathrooms | $35,904/year taxes |
| No garage/carport | |
| .97 acres | |
Listed 2 days ago |
|
| Price per Sq Ft = $209 ($209 / Finished Sq Ft) | |
| Year Built: 1998 | |
Rooms / Layout
| Square Feet | Beds | Baths | Laundry |
|---|
Dining Areas
| No dining information available |
Schools & Subdivision
| Subdivision: James Place | |
| Schools: Weber School District | |
| Elementary: Roosevelt | |
| Middle: T. H. Bell | |
| High: Bonneville |
Realtor® Remarks:
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.Schedule a showing
The
Nitty Gritty
Find out more info about the details of MLS #2110397 located at 4931 S 300 West in Washington Terrace.
Double Pane Windows
Range
Refrigerator
Refrigerator
Partially Fenced
Auto Sprinklers - Full
Auto Sprinklers - Full
This listing is provided courtesy of my WFRMLS IDX listing license and is listed by seller's Realtor®:
Dustin Peterson
, Brokered by: ERA Brokers Consolidated (Ogden)
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