Iliff, CO 80736 406 W 4th Ave
$290,000
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 Rate14.15
CityIliff
Construction MaterialsWood/Frame
CountyLogan
ElectricElectric, Highline
Elementary SchoolCaliche
ExclusionsPersonal property of tenants
Garage Y/NNo
Gas Y/NNatural Gas, Black Hills
Gross Income42240
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 Income41045.26
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
Stories2
Subdivision NameORIGINAL ILIFF
Tax Annual Amount1194.74
Tax Year2023
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Waterfront Y/NNo
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
Additional Details
Price History
Schools
Elementary School
Caliche Elementary School
Middle School
Caliche Middle School
High School
Caliche High School
