Sterling, CO 80751 209 N 5th St

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  • MLS# 1052164
  • 02/20/2026
  • Request Tour
  • Request Info

Home Details

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
Year Built1929
ZoningR1

Exterior for 209 N 5th St

Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Alley
Lot Size Acres0.21
Lot Size Area8999
Road Frontage TypeCity Street
Road Surface TypeAsphalt
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 $339,500
MLS#1052164
List Date 02/20/2026
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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