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406 W 4th Ave

Iliff, CO 80736
  • $299,900
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 1020113
UPDATED: 62 min ago
$299,900
  • 6
    BEDS
  • 0.23
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,567
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1933
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Welcome to your next investment opportunity in Iliff, Colorado! This 4-plex combines comfort and convenience, making it a standout choice for investors and owner-occupiers alike. The property includes four well-designed units to cater to various lifestyles. Three charming one-bedroom, one-bathroom units provide cozy living spaces, while a spacious three-bedroom, two-bathroom unit is perfect for those needing extra room. One of the highlights of this property is the attached two-car garage, offering ample parking and easy access to vehicles throughout the year. Recent upgrades enhance the value and appeal of this 4-plex, including a brand-new roof and furnace that ensure peace of mind by reducing maintenance worries and improving energy efficiency for both owners and tenants. Unit C stands out with its newly updated bathroom featuring modern fixtures and finishes that enhance the living experience. Each unit also includes its own private fenced area, providing residents with a tranquil outdoor space to relax and unwind. Whether you're looking to grow your investment portfolio or find a home with the added benefit of rental income, this 4-plex in Iliff presents a unique opportunity you won't want to miss. Schedule a viewing today to explore the potential this property has to offer!

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© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2025-01-20T13:41:04.183.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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406 W 4th Ave Iliff, CO 80736

  • Price: $299,900
  • Status: Active
  • On Site: 105 Days
  • Updated: 62 min ago
  • MLS #: 1020113
6
Beds
5
Baths
0
½ Baths
0.23
Acres
4,567
SQFT
$66
$/SQFT
1933
Built
Neighborhood:
Original Iliff
County:
Logan
Area:
15 Logan County (all)
Elementary School:
Caliche
Middle School:
Caliche
High School:
Caliche
School District:
Valley RE 1
Property Description
Welcome to your next investment opportunity in Iliff, Colorado! This 4-plex combines comfort and convenience, making it a standout choice for investors and owner-occupiers alike. The property includes four well-designed units to cater to various lifestyles. Three charming one-bedroom, one-bathroom units provide cozy living spaces, while a spacious three-bedroom, two-bathroom unit is perfect for those needing extra room. One of the highlights of this property is the attached two-car garage, offering ample parking and easy access to vehicles throughout the year. Recent upgrades enhance the value and appeal of this 4-plex, including a brand-new roof and furnace that ensure peace of mind by reducing maintenance worries and improving energy efficiency for both owners and tenants. Unit C stands out with its newly updated bathroom featuring modern fixtures and finishes that enhance the living experience. Each unit also includes its own private fenced area, providing residents with a tranquil outdoor space to relax and unwind. Whether you're looking to grow your investment portfolio or find a home with the added benefit of rental income, this 4-plex in Iliff presents a unique opportunity you won't want to miss. Schedule a viewing today to explore the potential this property has to offer!
Exterior Features

Construction Materials Wood/Frame Fencing FencedWood Horse YN No Levels Two Patio And Porch Features Deck Road Frontage Type Highway Road Surface Type Asphalt Roof CompositionMetal Spa YN No View City Waterfront YN No

Interior Features

Accessibility Features Level Lot Appliances Electric Range/OvenGas Range/OvenRefrigeratorWasherDryer Basement None Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Est Sq Ft 625 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Est Sq Ft 466 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 755 Unit3 Total Baths 1 Unit4 Bedrooms 3 Unit4 Est Sq Ft 1783 Unit4 Total Baths 2

Property Features

Association YN No Cap Rate 13.69 Ditches Active YN No Electric ElectricHighline Exclusions Personal property of tenants Gas Natural GasBlack Hills Gross Income 42240 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Iliff Net Operating Income 41045.26 New Construction YN No Number Of1 Bedroom Units 3 Number Of3 Bedroom Units 1 Operating Expense 1194.74 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 1194.74 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 800 Unit2 Rent 645 Unit3 Rent 875 Unit4 Rent 1200 Utilities Natural Gas AvailableElectricity Available Water Source City WaterTown of Iliff Zoning RES

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Erin Debus of Town Square Realty: 9705222009.



© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2025-01-20T13:41:04.183.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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