Iliff, CO 80736 406 W 4th Ave
$260,000
29 more
Presented By: Town Square Realty; 9705222009
Beds • 6
Baths • 5
SQFT • 4,567
Home Details
Discover this exceptional 4-plex, perfect for investors or owner-occupiers seeking rental income. This well-maintained property features four thoughtfully designed units: three charming one-bedroom, one-bathroom units, and a spacious three-bedroom, two-bathroom unit-ideal for those needing extra space. A standout feature is the attached two-car garage, providing convenient year-round parking. Recent upgrades, including a brand-new roof and furnace, enhance energy efficiency and reduce maintenance concerns. Unit C has been thoughtfully updated with a modern bathroom, adding extra appeal. Each unit also boasts a private fenced outdoor space, perfect for relaxation. Whether you're expanding your portfolio or looking for a home with income potential, this 4-plex offers incredible value. Don't miss out-schedule a viewing today!
Presented By: Town Square Realty; 9705222009
Interior Features for 406 W 4th Ave
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 406 W 4th Ave
AccessibilityLevel Lot
AppliancesElectric Range/Oven, Gas Range/Oven, Refrigerator, Washer, Dryer
Attached Garage No
Cap Rate15.8
CityIliff
Construction MaterialsWood/Frame
CountyLogan
ElectricElectric, Highline
Elementary SchoolCaliche
ExclusionsPersonal property of tenants
Garage Y/NNo
Gas Y/NNatural Gas, Black Hills
Gross Income42300
HOANo
HeatingForced Air
High SchoolCaliche
High School DistrictValley RE 1
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet9940
Lot Size UnitsSquare Feet
MLS AreaLogan
Middle/Junior High SchoolCaliche
Net Operating Income41105.26
New ConstructionNo
Number Of Units Total4
Operating Expense1194.74
Patio/Porch FeaturesDeck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition, Metal
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive/Backup
Stories Count2
Subdivision NameORIGINAL ILIFF
Tax Annual Amount1194.74
Tax Year2023
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Year Built1933
ZoningRES
Exterior for 406 W 4th Ave
FencingFenced, Wood
Horse Y/NNo
Lot Size Acres0.23
Lot Size Area9940
Road Frontage TypeHighway
Road Surface TypeAsphalt
SpaNo
Water SourceCity Water, Town of Iliff
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Caliche Elementary School
Middle School
Caliche Middle School
High School
Caliche High School
