Sterling, CO 80751 502 Poplar St
$325,000
21 more
Presented By: ;
Home Details
Well-maintained tri-plex investment opportunity with a proven track record of consistent, long-term renters. This property offers immediate income with a solid 6-8% cash-on-cash return, making it an ideal addition to any investor's portfolio. Units have been well cared for, minimizing deferred maintenance and maximizing stability. A true turnkey asset for investors seeking reliable cash flow from day one.
Presented By: ;
Interior Features for 502 Poplar St
Other Interior Features
LivingAreaSourceAssessor
BasementNone, Crawl Space
General for 502 Poplar St
AppliancesElectric Range, Refrigerator
AttributionContact9705229727
Cap Rate8.07
CitySterling
Construction MaterialsFrame, Composition
CoolingCeiling Fan(s)
CountyLogan
DisclosuresLead Paint
ElectricXcel
Elementary SchoolAyres
Exclusionsany and all personal property of seller/tenants
Expected Active Date 2026-02-21
Gross Income37800
HOANo
HeatingForced Air
High SchoolSterling
High School DistrictValley RE 1
Lease Amount FrequencyYear Lease
LevelsOne
MLS AreaLogan
Middle/Junior High SchoolSterling
Net Operating Income26228
New ConstructionNo
Number Of Units Total3
Operating Expense11572
Parcel Number38052529451002
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePoplar & Fifth Rep Of Poplar Place
Tax Annual Amount2072
Tax Year2025
Tenant PaysDeposit, Gas, Electricity
Unit506
UtilitiesNatural Gas Available, Electricity Available
Year Built1955
ZoningR1
Exterior for 502 Poplar St
FencingWood
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Level, Curbs, Sidewalks
Lot Size Acres0.33
Lot Size Area14575
Road Frontage Type4x4 Required to Access
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
