JUST SOLD! Turn-Key Triplex Investment

I just closed on a listing for a client:

We listed this property back in May.  Shortly after putting it on the market for $149,900 we began receiving inquiries.  Several weeks later we received an offer. 

The buyers made their initial volley to us at $135,000.  That was quite a bit lower than our list price but one of our conditions was that the offer be written subject to inspection after acceptance of an offer.  We didn't want buyers disturbing the peace of the tenants during the marketing period.  Since the buyer's didn't know what the interior looked like, they aimed low.  I assured the buyer's agent of the condition of the interior and we counter offered them $145,000.  They accepted our counter.

The contract on this property went exceptionally smooth.  The buyers were well qualified and the appraisal came back with no problems.  The buyers were also satisfied once they did their interior inspection that the condition was what we had represented to them.  

Congratulations to my sellers on quickly liquidating their property!

If you are thinking of selling your rental property, contact me and we can put a plan together that is right for you.

FOR SALE: Turn-Key Triplex Investment Property

For those of you shopping for an investment property, I present 835 E. 27th Street in Ogden for your consideration.

Built as a true triplex in 1949, the home is in excellent repair.  The building is three units with a 3 bed, 2 bed, and 1 bed unit.  Utilities are all separate metered and paid for by the tenants.  The property has newer appliances and the grounds we well kept.

Here is a video montage of the property:

The property currently yields a return on investment of 12% annually.  Please contact me for current pricing, rent, and operating expenses.  This will make a perfect investment for someone's portfolio.

JUST LISTED! Seller Finance Brick Triplex

I just listed this awesome property located at 570 23rd St. Ogden.  It sits less than two blocks from The Junction.  It is a brick triplex built in the early 20's.  Lots of style and charm in this building. List price $159,500.  The seller will finance.

The property consists of a side by side duplex which sits street side.  The units are 1 bedroom 1 bath but a 2nd bedroom is possible in the basement.  The other building is a 2 bedroom single family brick bungalow which is accessed via a right of way off of Jefferson Ave behind the Japanese Christian Church. Another bedroom is possible in the basement as well. Rents are currently $850 per month in the duplex building and the bungalow home will fetch about $600-$650/mo.

Again, the seller is willing to finance.  If you are interested in this property, give me a call at 801-390-1480 or email me.