Ogden, UT 66k Grossing Duplex

Back on the market. Once is a lifetime opportunity to buy an extremely profitable real estate rental business. This is not a typical duplex; it is a gorgeously remodeled, nightly rental business that cash flows an average of $5,500 over the last 12 months ($3,900 a month from nightly rentals and $1,625 from the long-term tenants with a corporate lease). With a gross operating income of $66,000 a year, at a 30% expense ratio, this property offers a 5.1% cap rate! If you want to invest in real estate and buy a successful business at the same time, this property is for you! This legal nightly rental boasts a 5-star VRBO rating, a newer roof (2015) and water heaters (2016 and 2020), a fully fenced yard-includes mature fruit and walnut trees, a basketball court, oversized 4-car garage which could be rented separately for RV or boat storage-increasing your already amazing cashflow. Nestled in a quiet neighborhood, this energy-efficient property is close to nearby universities, business centers, ski resorts, and outdoor activities; providing your guests with a luxurious, comfortable and refined experience.

https://www.airbnb.com/rooms/39228794

https://www.vrbo.com/1882279

Listed by:

Clayton Morgan

Troika Real Estate

Source: UtahRealEstate.com,MLS#: 1792630

See more details for 270 E 5100 S, Ogden, UT 84405 on Zillow

Facts and features

• Duplex
• 7 bedrooms
• 4 bathrooms
• Built in 1975
• Forced air
• No data
• 4 Garage spaces

Interior details

Bedrooms and bathrooms

• Bedrooms: 7
• Bathrooms: 4

Basement

• Basement: Walk-Out Access

Flooring

• Flooring: Carpet, Tile

Heating

• Heating features: Forced Air

Interior Features

• Window features: Blinds, Plantation Shutters, Double Pane Windows

Other interior features

• Total structure area: 5,200
• Total interior livable area: 5,200 sqft

Property details

Parking

• Total spaces: 8
• Parking features: RV Access/Parking
• Garage spaces: 4
• Covered spaces: 4
• Uncovered spaces: 4

Property

• Exterior features: Basketball Standard
• Patio and porch details: Covered Deck
• Fencing: Full
• Frontage length: 150
• Residential vegetation: Fruit Trees, Landscaping: Full, Mature Trees

Lot

• Lot size: 0.37 Acres
• Lot size dimensions: 150.0×0.0x0.0
• Lot features: Curb & Gutter, Sprinkler: Auto-Full

Other property information

• Additional structures included: Workshop
• Parcel number: 070610042
• Attached to another structure: Yes
• Zoning description: Multi-Family, Short-Term
• Inclusions: See Remarks, Basketball Standard

Construction details

Type and style

• Home type: MultiFamily
• Property subType: Duplex

Material information

• Construction materials: Brick
• Roof: Asphalt

Condition

• Property condition: Blt./Standing
• New construction: No
• Year built: 1975

Notable dates

• Major remodel year: 1975

Utilities / Green Energy Details

Utility

• Electric utility on property: Yes
• Sewer information: Public Sewer, Sewer: Public
• Water information: Culinary
• Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Community and Neighborhood Details

Community

• Community features: Sidewalks

Location

• Region: Ogden
• Subdivision: U S Survey

HOA and financial details

HOA

• Has HOA: No

Other financial information

• Annual tax amount: $3,711

Other

Other facts

• Acres allowed for irrigation: 0
• Listing Terms: Cash,Conventional,FHA,VA Loan