Off Market

887 E 23rd St S, Ogden, UT 84401

$750,000

6 bed · 5 bath · 4,378 sqft

Amazing opportunity to own a 4-Plex in Ogden. This sale includes two legal duplexes on two separate tax ID's that must be sold simultaneously, making this a fourplex for one owner with an additional mother-in-law apartment. Total price for both duplexes is $750,000.00 (Second property tax ID 01-060-0034). All four units (and mother-in-law apartment) are fully rented, tenants have been there between 3-8 years, pay rents on time, and tenants are interested in continuing to rent. Total rent for the combined properties is currently $3,805 per month. Many expensive upgrades have been done including new roofs (2018 for one building and 2021 for side-by-side duplex, which includes part membrane roof over the back of the house), new rain gutters, upgraded electrical, updated plumbing, roofline extension deck cover, exterior paint or new foam backed vinyl siding, many windows replaced with double pane, new HVAC (2021), new outside stairs 2021, a/c units installed 2021, etc. (See break down of updates in attachments from previous owner and current) . This is a very well-maintained property; good structure, great rents, ready for some additional cosmetic updates to continue increasing value. Would be great for an investor or owner-occupied buyer. Operating expenses and total square footage are reflective of both properties. Agent is related to seller.

Photos (19)

Listing courtesy of April Reeve, Mansell Real Estate Inc.

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