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420 Douglas St

Sterling, CO 80751
  • $220,000
  • STATUS: Closed
  • ON SITE: 113 Days
  • MLS #: 1005588
Sold - 05/15/2024
$220,000
SOLD - 05/15/2024
  • 5
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,128
    SQFT
  • $103
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Information

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

Description

Welcome to this fantastic income opportunity! This property features not one, but two charming houses, both currently rented out, offering a steady stream of income for the savvy investor. The front house is a cozy two-bedroom, one-bathroom abode with a warm and inviting atmosphere. Boasting wood floors and abundant natural light, this residence exudes a sense of comfort and charm. The basement includes an additional room, perfect for use as a third bedroom or a versatile living space, adding value and potential to the property. Step outside to discover the delightful back unit, a three-bedroom, one-bathroom dwelling. With a convenient one-car carport and a fenced yard, this residence offers both practicality and privacy. Whether you're looking to expand your investment portfolio or seeking a property with the potential for dual rental income, this offering is not to be missed. Don't let this opportunity slip away - schedule your showing today and seize the potential of this income-generating gem!

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© 2024 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: 2024-07-13T23:43:05.883.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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420 Douglas St Sterling, CO 80751

  • Price: $225,000
  • Status: Closed
  • On Site: 113 Days
  • MLS #: 1005588
5
Beds
2
Baths
0
½ Baths
0.14
Acres
2,128
SQFT
$103
$/SQFT
1921
Built
Neighborhood:
Second B&M Addn
County:
Logan
Area:
15 Logan County (all)
Elementary School:
Ayres,Campbell
Middle School:
Sterling
High School:
Sterling
School District:
Valley RE 1
Property Description
Welcome to this fantastic income opportunity! This property features not one, but two charming houses, both currently rented out, offering a steady stream of income for the savvy investor. The front house is a cozy two-bedroom, one-bathroom abode with a warm and inviting atmosphere. Boasting wood floors and abundant natural light, this residence exudes a sense of comfort and charm. The basement includes an additional room, perfect for use as a third bedroom or a versatile living space, adding value and potential to the property. Step outside to discover the delightful back unit, a three-bedroom, one-bathroom dwelling. With a convenient one-car carport and a fenced yard, this residence offers both practicality and privacy. Whether you're looking to expand your investment portfolio or seeking a property with the potential for dual rental income, this offering is not to be missed. Don't let this opportunity slip away - schedule your showing today and seize the potential of this income-generating gem!
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Fencing FencedWoodChain Link Horse YN No Levels One Lot Features Level Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type Asphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Accessibility Features Level LotMain Floor BathMain Level Bedroom Appliances Gas Range/OvenRefrigerator Basement Partial Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 1272 Unit1 Total Baths 1 Unit2 Bedrooms 3 Unit2 Est Sq Ft 856 Unit2 Total Baths 1

Property Features

Association YN No Cap Rate 11.69 Ditches Active YN No Electric ElectricXcel Exclusions Personal property of tenants Gas Natural GasXcel Gross Income 26400 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Sterling Net Operating Income 26294.22 New Construction YN No Operating Expense 105.78 Possible Use Single FamilyMulti-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 105.78 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 1150 Unit2 Rent 1050 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Sterling Zoning RES

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Erin Debus of Town Square Realty: 9705222009.



© 2024 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: 2024-07-13T23:43:05.883.

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