NOT LISTED FOR SALE

622 Jay Dr Unit 1,2,3,4 Sterling, CO 80751

8 Beds
4 Baths
3,584 Sq Ft
0.28 Acres

Last Sold July 14, 2023

Last sale price $425,000 $119 Per Sq Ft

27 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Tile Flooring
  • South Facing Home

About This Home

As of July 2023

Opportunity to own this profitable, highly desired, well maintained, Agent Owned 4-plex in NE CO offering tenants 2 bedrooms/1 bath units, central heat/air conditioning, washer & dryer hookups, and off-street parking. Each unit provides a spacious living room, dining room, galley style kitchen, private laundry room, 2 bedrooms and a main bathroom. All units are very similar left/right mirrored floor plan. 3-4 units are currently tenant occupied with new annual leases at $850/unit. Being sold to investors with renters in place. Perfect for a 1031 or long term rental. TENANT OCCUPIED NO SHOWINGS, NO EXCEPTIONS without 24 hour notice per lease agreement. Contact ShowingTime or Listing Agent for scheduling. Buyers and Buyer's Agent to verify all information. Property owner is a licensed Real Estate Agent in the State of Colorado.

Last Agent to Sell the Property

Scott Schaefer

Keller Williams Realty Downtown LLC License #100085419 Listed on: 05/18/2023

Keller Williams Realty Downtown LLC

Last Buyer's Agent

John Nichols

LoKation Real Estate License #100082664

LoKation Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • South Facing Home

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Paved Parking

Outdoor Features

  • Rain Gutters

Schools

  • Campbell Elementary School
  • Sterling Middle School
  • Sterling High School

Utilities

  • Forced Air Heating and Cooling System
  • Single-Phase Power
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's Personal Property, Tenants Personal Property, any tenant owned washers and dryers.
  • Tenant pays for cable TV, electricity, gas, internet, trash collection, water
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 2755000

Community Details

Overview

  • No Home Owners Association
  • Long Berg Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $21,944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,170

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 3584
  • Exclusions: Seller's Personal Property, Tenants Personal Property, any tenant owned washers and dryers.
  • Living Area: 3584
  • Pets Allowed: No
  • SubdivisionName: Long-Berg
  • Ownership: Agent Owner
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Flooring: Carpet, Tile, Vinyl
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: South
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Exterior Features: Rain Gutters

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts, Single Phase
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 21944

Schools

  • Middle Or Junior School: Sterling

Lot Info

  • Parcel Number: 2755000
  • Lot Size Acres: 0.28
  • Building Area Total: 3584
  • Lot Size Sq Ft: 12245
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1170

MLS Schools

  • Elementary School: Campbell
  • High School: Sterling

Range of Values:

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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
07/14/2023 07/14/23 Sold $425,000 -6.5% $119 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $454,500 -- $127 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3090116

REcolorado®