Seller's Agent in 2025
Erin Debus
Town Square Realty
(970) 554-3746
86 Total Sales
1008 Phelps St Sterling, CO 80751
8
Beds
5
Baths
3,722
Sq Ft
0.38
Acres
Highlights
- City View
- Forced Air Heating System
- 1-Story Property
- No HOA
About This Home
As of January 2025This unique lot offers an excellent investment opportunity with three income-producing mobile homes. All units are currently rented, providing immediate cash flow for the new owner. Each home features brand-new skirting, enhancing durability and curb appeal. The property includes 1008 Phelps St, which underwent a full remodel last year, including new floors, walls, paint, and molding. Additionally, 1010 Phelps St is equipped with a brand-new furnace, adding further value to this turnkey investment. Situated in a prime location close to local amenities, this property is perfect for seasoned investors or those looking to start their rental portfolio. Don't miss out on this exceptional opportunity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1996
Lot Details
- 0.38
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 3,722 Sq Ft Home
- 1-Story Property
- City Views
- Electric Oven or Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Schools
- Ayres Elementary School
- Sterling Middle School
- Sterling High School
Additional Features
- 0.38 Acre Lot
- Forced Air Heating System
Listing and Financial Details
- Tenant pays for deposit, gas, electricity, water, sewer
- Assessor Parcel Number 2678000
Community Details
Overview
- No Home Owners Association
- 3 Units
- Bowling Green Subdivision
Building Details
- Gross Income $37,800
- Net Operating Income $37,735
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/21/2025 01/21/25 | Sold | $175,000 | +6.7% | $47 / Sq Ft |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- |
| 12/16/2024 12/16/24 | For Sale | $164,000 | -- | $44 / Sq Ft |
Source: IRES MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $236 | $2,812 | $0 | $0 |
| 2024 | $76 | $2,710 | $0 | $0 |
| 2023 | $76 | $2,710 | $0 | $0 |
| 2022 | $321 | $3,810 | $3,810 | $0 |
| 2021 | $314 | $3,920 | $3,920 | $0 |
| 2020 | $246 | $5,840 | $5,840 | $0 |
| 2019 | $245 | $5,800 | $5,800 | $0 |
| 2018 | $219 | $2,590 | $2,590 | $0 |
| 2017 | $216 | $12,600 | $12,600 | $0 |
| 2015 | $327 | $11,550 | $11,550 | $0 |
| 2014 | $327 | $11,030 | $11,030 | $0 |
| 2013 | $327 | $11,030 | $11,030 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Debus
-
Michele Owen
Buyer's Agent in 2025
Michele Owen
RE/MAX
(970) 580-2949
129 Total Sales
Map
Source: IRES MLS
MLS Number: IRE1023489
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
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