Sterling, CO 80751 319 S 2nd St

319 S 2nd St Sterling, CO - Image 1319 S 2nd St Sterling, CO - Image 2319 S 2nd St Sterling, CO - Image 3
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319 S 2nd St Sterling, CO - Image 4319 S 2nd St Sterling, CO - Image 5319 S 2nd St Sterling, CO - Image 6319 S 2nd St Sterling, CO - Image 7319 S 2nd St Sterling, CO - Image 8
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  • MLS# 1048506
  • 12/16/2025
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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* Well performing Investment opportunity with a very high cap rate. Tenant Occupied Duplex, both are 2 Bedroom 1 Bath Units, with the feel of a single family residence. Property was completely Remodeled with all new, permitted Mechanicals, Roof, Custom Cabinets, Granite Counters and Roof. Stucco Exterior, Easy to maintain. Separately Metered on Electric and Gas, Tenant Pays Direct. Off Street Parking and Detached Storage for Convenience. Professional Property Management In Place, Willing to facilitate transition to new Owners, or Stay on as Manager. Sellers are Licensed Real Estate Agents. Thank you
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Interior Features for 319 S 2nd St

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceAssessor
BasementNone
FlooringWood
Interior AmenitiesEat-in Kitchen, Separate Dining Room, Open Floorplan, Washer/Dryer Hookup, Kitchen Island, Split Bedroom Plan
Window FeaturesWindow Coverings

General for 319 S 2nd St

AccessibilityLevel Lot, Level Drive, Width of Hallways 42 or more, Low Carpet, Interior Door Openings 32 plus, Main Floor Bath, Main Level Bedroom
AppliancesElectric Range, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Architectural StyleCottage
AttributionContact9705805319
Cap Rate7.71
CitySterling
Construction MaterialsStucco
CoolingCeiling Fan(s)
CountyLogan
DirectionsFrom Main St, South on South Second Street . Property will be on East side of road
DisclosuresNone, Lead Paint
ElectricXcel Energy
Elementary SchoolAyres
Energy EfficientHigh Efficiency Furnace
ExclusionsTenant's Personal Property
Expected Active Date 2025-12-16
Gross Income33600
HOANo
HeatingForced Air
High SchoolSterling
High School DistrictValley RE 1
Lease Amount FrequencyYear Lease
LevelsOne
MLS AreaLogan
Middle/Junior High SchoolSterling
Net Operating Income28369
New ConstructionNo
Number Of Units Total2
Operating Expense5231
Other StructuresStorage
Parcel Number6295000
Patio/Porch FeaturesPatio, Deck
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameSterling Original
Tax Annual Amount1031
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
Unit321
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas, Satellite Avail, High Speed Avail
ViewCity
Year Built1906
ZoningRES

Exterior for 319 S 2nd St

FencingPartial, Chain Link
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Paved, Curbs, Gutters, Sidewalks, Alley
Lot Size Acres0.26
Lot Size Area11500
Other Parking2 Spaces/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking2
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Sterling High School
Elementary School Ayres Elementary School
Middle School Sterling Middle School

Jon Holsten

Price $367,900
MLS#1048506
List Date 12/16/2025
Property Type Income
Phone 970.237.2752
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Request Info
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