$400,000
SOLD JUN 27, 2025

425 Holly Dr Sterling, CO 80751

8 Beds
4 Baths
3,736 Sq Ft
12,197 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

11% Below List Price

13 Days on Market

Highlights

  • No HOA
  • Fenced
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2025

Great investment opportunity with cash flow. Fully leased, professionally managed 4-unit property. All 4 units are identical layouts with 2 bedrooms and 1 bathroom per unit. Laundry in each unit. Priced according to condition. 4 minutes drive to downtown Sterling. Must have a minimum of 24 hours notice to show, all units are occupied.

Last Agent to Sell the Property

Sarah Goodyear

Group Harmony Listed on: 05/16/2025

Group Harmony

Last Buyer's Agent

Callie Hood

Four Peaks Real Estate License #100070971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $964

Year Built

  • Built in 1978

Lot Details

  • 12,079 Sq Ft Lot
  • Fenced

Parking

  • 12 Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,736 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ayres Elementary School
  • Sterling Middle School
  • Sterling High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,970
  • Tenant pays for deposit, electricity
  • Assessor Parcel Number 3225000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cheairs 13Th Add Subdivision

Building Details

  • Gross Income $4,000
  • Net Operating Income $3,036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$964

Year Built

Built in 1978

Lot Details

0.28 Acres

Listing Details

  • Inclusions: Electric Range/Oven,Dishwasher,Refrigerator,Clothes Washer,Clothes Dryer,Disposal,Smoke Alarm(s)
  • Year Built: 1978
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Subdivision Name: Cheairs 13th Add
  • Directions: From Hwy 6 take S 6th Ave north. Turn right on Holly. Property is on the right.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3736
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Has Basement: Crawl Space
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Security: Smoke Detector(s)
  • 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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Ayres,Campbell
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: Res
  • Land Lease Amount Frequency: Monthly,Fixed Term,Annually
  • Lot Size Sq Ft: 12079
  • Parcel #: 3225000
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 964

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 4000
  • Total Actual Rent: 2970
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Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $400,000 -11.1% $107 / Sq Ft
05/16/2025 05/16/25 For Sale $450,000 -- $120 / 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 $1,344 $16,024 $0 $0
2024 $964 $16,330 $0 $0
2023 $964 $16,330 $0 $0
2022 $1,170 $13,890 $3,290 $10,600
2021 $1,168 $14,590 $3,450 $11,140
2020 $1,219 $28,960 $3,260 $25,700
2019 $1,216 $28,760 $3,240 $25,520
2018 $1,078 $12,730 $2,440 $10,290
2017 $1,061 $61,870 $11,840 $50,030
2015 $1,235 $61,020 $10,990 $50,030
2014 $1,235 $62,630 $10,990 $51,640
2013 $1,235 $62,630 $10,990 $51,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1034443

IRES MLS
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