Hugo, CO 80821 309 8th St
$450,000
43 more
Presented By: Gordon Real Estate Group; janae@gordonregroup.com,719-349-0423
Beds • 8
Baths • 5
SQFT • 5,082
Garage • 1
Home Details
Rare Investment Opportunity in Hugo, CO! A unique chance to own a fully occupied quadplex in Eastern Colorado-an investor's dream! This well-maintained property boasts a strong rental history and consistent income potential.
Unit 1 & Unit 4: Single-level living, each featuring 2 bedrooms and 1 full bathroom.
Unit 2 & Unit 3: Two-story layouts, each offering 3 bedrooms and 2 bathrooms.
Unit 4 Bonus: Includes an additional storage room attached to the back.
Parking: Off-street parking available via the alley, plus an attached 1-car garage available for rental.
Each unit has been thoughtfully upgraded over time and features:
- Its own kitchen and dining area
- In-unit laundry with washer and dryer
- Individual furnace and A/C condenser for personalized comfort
Don't miss out on this rare, income-generating property in a high-demand rental market! Reach out to us today for more details!
Presented By: Gordon Real Estate Group; janae@gordonregroup.com,719-349-0423
Interior Features for 309 8th St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths5
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area5082
Air Conditioning Y/NYes
BasementCrawl Space
Fireplace Y/NNo
Heating Y/NYes
General for 309 8th St
AccessibilityAccessible Approach with Ramp
AppliancesDishwasher, Refrigerator, Washer, Dryer
Architectural StyleRanch
Attached Garage Yes
Cap Rate6.23
CityHugo
Construction MaterialsWood/Frame, Brick/Brick Veneer, Vinyl Siding
CoolingCentral Air
CountyLincoln
ElectricElectric
Elementary SchoolGenoa-Hugo
ExclusionsTenant's Personal Property not mentioned in the Inclusions
Garage Spaces1
Garage Y/NYes
Gas Y/NNatural Gas
HOANo
HeatingForced Air
High SchoolGenoa-Hugo
High School DistrictGenoa-Hugo C-113
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet17500
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolGenoa-Hugo
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition, Metal
Senior Community Y/NNo
SewerOther Water/Sewer, Community
Standard StatusActive
StatusActive
Stories1
Subdivision NameHugo
Tax Annual Amount1747
Tax Year2024
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1985
Exterior for 309 8th St
Building Area Total5082
Covered Spaces1
Horse Y/NNo
Lot Size Acres0.4
Lot Size Area17500
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water, Other Water/Sewer
Additional Details
Price History
Schools
Elementary School
Genoa-Hugo Elementary School
Middle School
Genoa-Hugo Middle School
High School
Genoa-Hugo High School
