Sterling, CO 80751 501 N 4th St A,B,C,D
$549,900
39 more
Presented By: Precision Homes Real Estate; 9705805319
Beds • 7
Baths • 4
SQFT • 3,788
Home Details
Seller offering Concessions with their preferred lender: Conventional *If they put less than 10% down max concessions is 3% of purchase price**If they put 10-19% down- Max concessions is 6% of purchase price**If they put 20% down max concessions is 9% of purchase price (we are only doing 6%)*FHA-Max concessions is 6% of purchase price*VA-Max concessions is 4% of purchase price* Incredible Opportunity to add to your current Investment Portfolio or for the First Time Investor / Owner Occupant. 4 Units total, all currently rented with a cap rate of $7.91 One, Single Family Unit, One Studio Unit, and a Duplex. All with Separate Entrances. Shared yard, Fully fenced. Great Location. Entire Property was completely Renovated in 2019, All new Mechanicals (Plumbing, Electrical and HVAC) as well as all new interiors. New Drywall, Flooring, Stainless appliances, New Bathrooms, New Kitchens, Flooring and easy to maintain Finishes. Property is currently Professionally Managed, and willing to represent new owner as well. Tenant Occupied, Requires 24 Hour notice to show.
Presented By: Precision Homes Real Estate; 9705805319
Interior Features for 501 N 4th St A,B,C,D
Bedrooms
Total Bedrooms7
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourcePlans
Air Conditioning Y/NYes
BasementFull, Partially Finished, Walk-Out Access
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s), Outside Entry, Kitchen Island, Split Bedroom Floor Plan
Laundry FeaturesWasher/Dryer Hookups
General for 501 N 4th St A,B,C,D
AccessibilityLevel Lot, Level Drive, Accessible Hallway(s), Low Carpet, Accessible Entrance, No Stairs, Other Access, Main Floor Bath, Main Level Bedroom
AppliancesAll Appliances, Disposal
Architectural StylePatio Home, Cottage/Bung, Victorian, Ranch
Attached Garage No
Cap Rate7.91
CitySterling
Construction MaterialsWood/Frame, Wood Siding, Painted/Stained
CoolingCentral Air, Wall/Window Unit(s), Ceiling Fan(s)
CountyLogan
DirectionsFrom Main St / Chestnut St, Go North on N 4th St. Property Is located on the Northwest corner of Walnut and N 4th St.
ElectricElectric, Xcel Energy
Elementary SchoolAyres, Campbell
Energy EfficientHVAC
Entry LocationOutside Entry
ExclusionsTenants Personal Property
Facing DirectionEast
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income55200
HOANo
HeatingForced Air, Baseboard, 2 or more Heat Sources, Individual Heat Source
High SchoolSterling
High School DistrictValley RE 1
Land Lease Y/NNo
LevelsOne, Bi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet8999
Lot Size UnitsSquare Feet
MLS AreaLogan
Middle/Junior High SchoolSterling
Net Operating Income43494
New ConstructionNo
Number Of Units Total4
Operating Expense11706
Other StructuresStorage
Patio/Porch FeaturesPatio
Possible UseSingle Family, Multi-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count1
Structure TypeDuplex
Subdivision NameM C Kings Sub 2nd
Tax Annual Amount1506
Tax Year2024
Tenant PaysDeposit
Unit NumberA, B, C, D
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewCity
Year Built1911
ZoningRES
Exterior for 501 N 4th St A,B,C,D
FencingFenced, Chain Link
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesZero Lot Line, Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Water Rights Excluded, Mineral Rights Excluded, Corner Lot
Lot Size Acres0.21
Lot Size Area8999
Other ParkingParking Per Unit(2 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Sterling
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Sterling High School
Elementary School
Campbell Elementary School
Middle School
Sterling Middle School
