This triplex is in a prime location South of downtown Sterling with many amenities within walking distance. This property has been recently remodeled with new exterior paint, newer flooring, newer windows, newer roof, and many other new finishes throughout. Currently this property is rented under market value with a 0% vacancy rate. Sterling houses the largest correctional facility in Colorado and Northeastern Junior College, both of which drive traffic to the local community.
Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort CollinsListed on: 09/30/2024
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,209
Year Built
Built in 1919
Lot Details
0.29 Acre Lot
Corner Lot
Level Lot
Home Design
Raised Ranch Architecture
Property Attached
Brick Veneer
Composition Roof
Interior Spaces
1,932 Sq Ft Home
1-Story Property
Ceiling Fan
Partial Basement
Electric Oven or Range
Bedrooms and Bathrooms
6 Bedrooms
3 Bathrooms
Laundry
Dryer
Washer
Schools
Ayres Elementary School
Sterling Middle School
Sterling High School
Utilities
Cooling Available
Forced Air Heating System
Baseboard Heating
Listing and Financial Details
Tenant pays for gas, electricity
Assessor Parcel Number 38052532402009
Community Details
Overview
No Home Owners Association
3 Units
Beattie Add Subdivision
Building Details
Gross Income $33,662
Net Operating Income $27,471
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,209
Year Built
Built in 1919
Lot Details
0
Listing Details
Inclusions: Electric Range/Oven,Refrigerator,Clothes Washer,Clothes Dryer
Year Built: 1919
Property Sub Type: Attached Dwelling
Prop. Type: Residential Income
Horses: No
Lot Size Acres: 0.29
Road Frontage Type: City Street
Road Surface Type: Asphalt
Subdivision Name: Beattie Add
Architectural Style: Raised Ranch
Unit Levels: Raised Ranch
New Construction: No
Property Attached Yn: Yes
Building Stories: 1
IRESDS_HasWaterRights: No
IRESDS_Total Sq Ft: 1932
Special Features: None
Stories: 1
Interior Features
Possible Use: Multi-Family
Private Spa: No
Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
Has Basement: Partial
Total Bedrooms: 6
Exterior Features
Roof: Composition
Lot Features: Corner Lot, Level
View: No
Waterfront: No
Disclosures: Seller's Property Disclosure
Home Warranty: No
Construction Type: Brick/Brick Veneer
Property Condition: Not New, Previously Owned
Utilities
Cooling: Ceiling Fan(s)
Electric: Electric, Xcel
Heating: Forced Air, Baseboard
Utilities: Natural Gas Available, Electricity Available
Cooling Y N: Yes
Heating Yn: Yes
Electricity On Property: No
Sewer: City Sewer
Water Source: City Water, City of Sterling
Gas Company: Natural Gas, Xcel
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Elementary School: Ayres,Campbell
HighSchool: Sterling
Junior High Dist: Valley RE 1
Middle Or Junior School: Sterling
Lot Info
Zoning: Res Multi
Land Lease Amount Frequency: Other--See Remarks
Lot Size Sq Ft: 12632
Parcel #: 38052532402009
Irrigation Water Rights: No
Rental Info
Tenant Pays: Gas, Electricity
Tax Info
Tax Year: 2023
Tax Annual Amount: 1209
Multi Family
Number Of Units Total: 3
Annual Gross Income: 33662
Income Includes: ["Lease/Rents","Laundry"]
Annual Operating Expense: 6191.44
Total Actual Rent: 2500
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
**PREFERRED LENDER IS OFFERING A 1% LENDER CREDIT OF THE LOAN AMOUNT TOWARDS CLOSING COSTS AND A FREE REFINANCE AT ANY POINT IN THE FUTURE. **Perfect investor opportunity! Side by Side Duplex, both units fully remodeled. Pictures are from Unit 321. Each unit holds 2 bedroom/1 bathroom. Property is close to downtown Sterling and has a great location; property rents easily. Good CAP rate and
UPDATED TRI-PLEX with a 2-car detached garage. Unit closest to the corner is a Large 4-bedroom 2-story unit with 1 bath. It features a large living room, den (can be a 5th bedroom or formal dining area), full kitchen with appliances, plus a mud room with washer/dryer. There is one bedroom plus den on the main level, and 3 bedrooms upstairs. The end unit has a living room, updated kitchen,
This home is located at 101 Factory St Unit 105, Sterling, CO 80751 and is currently priced at $390,000, approximately $201 per square foot. This property was built in 1919. 101 Factory St Unit 105 is a home located in Logan County with nearby schools including Ayres Elementary School, Campbell Elementary School, and Sterling Middle School.
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