JUST SOLD! Rebooted Ogden Fourplex

JUST SOLD!  Rebooted Ogden Fourplex

We just closed on the sale of this unique fourplex located on Jefferson Ave. in Ogden.  The building, located at 2364 Jefferson Ave, was once a magnificent historic home that had been converted into a fourplex property.  Sadly, in 2002, some neighborhood kids lit the building on fire and it gutted the building.  The home sold that year for about $35,000 and the owner completely rebuilt the structure around the old shell.   There are many hints of the original home still left.


We listed this property just a few days before Christmas for $675,000.  The building is over 4,900 SQFT and all four units were rented and bringing in $5,064 in rents each month.  Within hours of listing the property, we had multiple inquiries.  Several hours later we received a full price cash offer.



The buyers did their inspections and we ultimately ended up closing at list price with the seller crediting the buyer for a few repairs.



Congrats to our sellers!  If you have a multi-unit property that you need to sell, give me a call and let’s put a gameplan together.