Estimated payment $2,411/month
Highlights
- No HOA
- Accessible Approach with Ramp
- Forced Air Heating and Cooling System
- 1 Car Attached Garage
- 1-Story Property
- High Speed Internet
About This Home
Rare Investment Opportunity in Hugo, CO! A unique chance to own a fully occupied quadplex in Eastern Colorado—an investor’s dream! This well-maintained property boasts a strong rental history and consistent income potential.
Unit 1 & Unit 4: Single-level living, each featuring 2 bedrooms and 1 full bathroom.
Unit 2 & Unit 3: Two-story layouts, each offering 3 bedrooms and 2 bathrooms.
Unit 4 Bonus: Includes an additional storage room attached to the back.
Parking: Off-street parking available via the alley, plus an attached 1-car garage available for rental.
Each unit has been thoughtfully upgraded over time and features:
- Its own kitchen and dining area
- In-unit laundry with washer and dryer
- Individual furnace and A/C condenser for personalized comfort
Don’t miss out on this rare, income-generating property in a high-demand rental market! Reach out to us today for more details!
Listing Agent
Gordon Real Estate Group Brokerage Email: janae@gordonregroup.com,719-349-0423 License #100068722 Listed on: 03/20/2025
Co-Listing Agent
Gordon Real Estate Group Brokerage Email: janae@gordonregroup.com,719-349-0423 License #100029774
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,747
Year Built
- Built in 1985
Lot Details
- 0.4 Acre Lot
- 1 Common Wall
Parking
- 1 Car Attached Garage
Home Design
- Quadruplex
- Brick Exterior Construction
- Frame Construction
- Composition Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 5,082 Sq Ft Home
- 1-Story Property
- Crawl Space
Kitchen
- Oven
- Range Hood
- Dishwasher
Flooring
- Carpet
- Linoleum
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Schools
- Genoa-Hugo Elementary And Middle School
- Genoa-Hugo High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- High Speed Internet
Additional Features
- Accessible Approach with Ramp
- Ground Level
Community Details
- No Home Owners Association
- Hugo Subdivision
Listing and Financial Details
- Exclusions: Tenant's Personal Property not mentioned in the Inclusions
- Assessor Parcel Number 279732209016
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,747 | $15,893 | $0 | $15,893 |
| 2023 | $1,747 | $15,893 | $0 | $15,893 |
| 2022 | $1,555 | $14,953 | $0 | $14,953 |
| 2021 | $1,600 | $15,383 | $0 | $15,383 |
| 2020 | $1,460 | $14,111 | $0 | $14,111 |
| 2019 | $1,364 | $14,111 | $0 | $14,111 |
| 2018 | $1,534 | $14,787 | $0 | $14,787 |
| 2017 | $1,484 | $14,787 | $0 | $14,787 |
| 2016 | $1,707 | $17,250 | $0 | $17,250 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $425,000 | -5.6% | $84 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $450,000 | +164.7% | $89 / Sq Ft |
| 01/28/2019 01/28/19 | Off Market | $170,000 | -- | -- |
| 03/30/2016 03/30/16 | Sold | $170,000 | -9.3% | $34 / Sq Ft |
| 03/21/2016 03/21/16 | Pending | -- | -- | -- |
| 02/19/2016 02/19/16 | For Sale | $187,500 | -- | $37 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $147,368 | Commercial |
Source: REcolorado®
MLS Number: 3795007
APN: 279732209016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.