I just listed this property located at 391 Downs St. in Ogden.
This building was constructed in 1998. Each unit is two two levels and arranged side by side. One unit has 3 beds, 2 baths, and a 2 car garage while the other is a 2 bed, 1 bath configuration with a 1 car garage. The property is located just a few dozen yards from Heritage Elementary School. It is also situated very close to the Business Depot.
Rents are currently $750 and $675 but could be raised. One tenant has been in the property for eight years. The owner has kept rents at their current levels since he purchased the property several years ago.
This property would make an excellent tax shelter while preserving wealth and providing a positive return on investment. If you are interested in learning more about this property contact me for details. Please do not disturb the tenants as they are unaware the property is for sale.
Friday, July 27, 2012
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