Turnkey Investment Opportunity! This fully renovated triplex has been completely updated from top to bottom, offering a rare chance to step into a stabilized, low-maintenance asset from day one. Each of the three units features a 2-bedroom, 1-bath layout with modern finishes and updated systems throughout.Designed with tenants and long-term performance in mind, the property includes four individual garage spaces, an added value. With recent renovations already completed, investors can avoid costly capital expenditures and focus on predictable cash flow.This triplex offers an attractive estimated cash-on-cash return of 6-8%, making it an excellent addition to any investment portfolio. Ideal for both seasoned investors and those looking to expand into multifamily ownership with confidence.Turnkey. Updated. Income-producing. Don't miss this opportunity to acquire a fully renovated multifamily property with solid returns and long-term upside.
Presented By: ;
Interior Features for 209 N 5th St
Other Interior Features
LivingAreaSourceAssessor
BasementPartial, Unfinished
General for 209 N 5th St
AccessibilityLevel Lot
AppliancesElectric Range, Refrigerator
AttributionContact9705229727
Cap Rate6.8
CitySterling
Construction MaterialsFrame, Brick
CoolingCeiling Fan(s)
CountyLogan
DisclosuresLead Paint
ElectricXcel Energy
Elementary SchoolAyres
Expected Active Date 2026-02-21
Gross Income34020
HOANo
HeatingForced Air
High SchoolSterling
High School DistrictValley RE 1
Lease Amount FrequencyYear Lease
LevelsOne
MLS AreaLogan
Middle/Junior High SchoolSterling
Net Operating Income23097
New ConstructionNo
Number Of Units Total3
Operating Expense10923
Parcel Number38052529451001
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePoplar & Fifth Rep Of Poplar Place
Tax Annual Amount1423
Tax Year2024
Tenant PaysGas, Electricity
Unit213
UtilitiesNatural Gas Available, Electricity Available
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