NOT LISTED FOR SALE

1515 S 9th Ave Sterling, CO 80751

2 Beds
1 Bath
3,822 Sq Ft
0.27 Acres

Last Sold October 02, 2020

Last sale price $300,000 $78 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Forced Air Heating System

About This Home

As of October 2020

GREAT RENTAL HISTORY, RENTS ARE LOWER AS MOST TENANTS HAVE BEEN LONG TERM. THE POTENTIAL RENTAL INCOME IS BASED OFF OF $800 A MONTH RENT, COMMON FOR THE AREA. EACH UNIT HAS IT'S OWN FURNACE & HOT WATER HEATER. CURRENT LANDLORD CURRENTLY MAINTAINS THE SPRINKLERED YARD & MAINTENANCE. THERE IS OFF STREET PARKING ON THE NORTH & SOUTH SIDES OF PROPERTY. EXTRA LOT MAY POSSIBLY BE DEVELOPED, CHECK WITH CITY FOR MORE INFORMATION. ALL UNITS HAVE FIREPLACES AS WELL AS THEIR OWN ELECTRIC & GAS METERS. THIS PRICE IS BASED ON $75,000 PER UNIT, YOU WON'T FIND HOMES THIS NICE IN THAT PRICE RANGE. ALL RENTS ARE ON A MONTH TO MONTH.

Last Agent to Sell the Property

Kimberly Fuller

Choice Real Estate Listed on: 07/24/2020

Last Buyer's Agent

Michele Owen

RE/MAX Homestead Northeast

RE/MAX Homestead Northeast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1977

Lot Details

  • 0.27 Acre Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,822 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Sterling Middle School
  • Sterling High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number 38052531455019

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cheairs Subdivision

Building Details

  • Gross Income $36,480
  • Net Operating Income $33,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$801

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Subdivision Name: CHEAIRS
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3822
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, CITY OF STERLING
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: MULTI FAM
  • Lot Size Sq Ft: 11761
  • Parcel #: 38052531455019
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 801

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 36480
  • Annual Operating Expense: 2845

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Off Market $300,000 -- --
10/02/2020 10/02/20 Sold $300,000 0.0% $78 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $300,000 -- $78 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 919249

IRES MLS