$390,000
$10K PRICE DROP

101 Factory St Unit 105 Sterling, CO 80751

Estimated payment $2,237/month

Total Views 12,807
6 Beds
3 Baths
1,932 Sq Ft
$202 Price per Sq Ft

Highlights

  • Raised Ranch Architecture
  • No HOA
  • Cooling Available
  • Corner Lot
  • Brick Veneer
  • Forced Air Heating System

About This Home

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.

Listing Agent

Daniel Weiner

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins Listed on: 09/30/2024

Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $1,412 $22,210 $0 $0
2023 $1,412 $22,210 $0 $0
2022 $1,007 $11,940 $3,190 $8,750
2021 $1,005 $12,550 $3,350 $9,200
2020 $919 $21,820 $3,130 $18,690
2019 $922 $21,820 $3,130 $18,690
2018 $891 $10,520 $1,800 $8,720
2017 $876 $51,150 $8,750 $42,400
2015 $419 $44,710 $8,100 $36,610
2014 $419 $42,470 $8,100 $34,370
2013 $419 $42,470 $8,100 $34,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $390,000 -2.5% $202 / Sq Ft
09/30/2024 09/30/24 For Sale $400,000 +215.0% $207 / Sq Ft
05/03/2020 05/03/20 Off Market $127,000 -- --
01/28/2019 01/28/19 Off Market $148,000 -- --
04/13/2018 04/13/18 Sold $148,000 -5.1% $38 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $155,900 +22.8% $40 / Sq Ft
12/20/2012 12/20/12 Sold $127,000 -2.2% $64 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $129,900 -- $66 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $148,000 Stewart Title
Warranty Deed $127,000 Stewart Title
Warranty Deed $65,000 Stewart Title
Quit Claim Deed -- Stewart Title
Warranty Deed $90,000 Stewart Title Sterling Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $280,000 Unknown
Previous Owner $108,750 New Conventional
Previous Owner $97,000 Unknown
Previous Owner $63,000 Seller Take Back
Previous Owner $89,000 Seller Take Back
Previous Owner $60,000 New Conventional
Source: Public Records

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Source: IRES MLS

MLS Number: 1019697

IRES MLS

APN: 38052532402009