JUST SOLD! Ogden Starter-Sized Triplex

JUST SOLD! Ogden Starter-Sized Triplex

We recently closed on the sale of a tiny triplex in Ogden.  Located at 718 21st St., this little property is 1,200 SQFT divided into three petite one bedroom apartments.  The subdivision was made sometime in the 1920’s so this building has served this use for over 100 years now.   The property also includes a building lot next door that can be subdivided if the triplex use of the existing structure is forsaken.

We initially listed the property for $399,900 and the market quickly gave us feedback that our price was too high.  We ended up putting the property under contract in March at a lower price but got involved with an ugly eviction shortly thereafter and the buyer disengaged from the contract.  We took the property off the market during the eviction but relisted it later for $364,900.  As the eviction was drawing to a close, another buyer wrote us a cash offer for $339,500.  We accepted the offer and closed a week later.

 

Congrats to our sellers!  If you have a property you are looking to sell or want to know what it is worth, give me a call at 801-390-1480