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Sold for $449,000 Sold

755 W 2nd Street
Rifle, CO 81650

Multi Family Home
1.01 acres - MLS# 157850
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Sold

Sold for $449,000 on Mar 25, 2019

Description

Great investment opportunity. The property has 8 units and a oversized garage. There is a 4 bedroom, 3 bedroom, 4 -1 bedroom units and 2 3 bedroom trailers with long term tenants in all. Situated on just over 1 acre and backing to Rifle Creek. There is also potential to re-develop into 17 units. This also has about a 9% cash on cash return after expenses. The property is being sold ''AS-IS''

Features

  • Acreage: 1 - 3
  • Baths: 11
  • Bedrooms: 17
  • Condition: Average
  • Construction: Frame
  • County/Area: Garfield County
  • Electric: Yes
  • Exterior: Log Siding
  • Extras: Cable TV, Landscaping
  • Full Baths: 10
  • Garage: 2 Car
  • Gas: Natural Gas
  • Half Baths: 1
  • Heating: Baseboard, Electric, Gas, Wood Stove
  • Laundry Facility: Area
  • Listing Status: Closed
  • Location Amenities: Exposure, Southern, Gentle Topo, Interior Lot, Pond, Stream, Lake, Trees, Views
  • Lot Description: 43, 001 - 65, 000
  • Lot Size: 1.0100
  • Lot SqFt: 44087.00
  • Lv Ht SqFt: 6773.00
  • Major Area: Rifle
  • Parking Area: Common
  • Property Type: Multi Family Home
  • Roof: Composition Shingles
  • Sanitation: Sewer
  • Sold Date: 2019-03-25 00:00:00
  • Sold Price: 449000.00
  • Sq.Ft.: 6773
  • Stories: 1.0
  • Style: Cabin, Ranch
  • Sub Type: Residential Income
  • Substructure: Slab
  • Unit Faces: East, West
  • Water: City
  • Year Built: 1947
  • Zip Code: 81650
  • Zoning: CS

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Steve Carter
RE/MAX Country
1605 Grand Avenue, Suite C
Glenwood Springs, CO 81601
Phone: 970-948-6145
Office: 970-945-1215
Email: stevecarter@sopris.net
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Testimonials

“I have worked with Steve as both buyer and seller on transactions. He is energetic, knowledgeable and works with integrity. Steve knows the market and works tirelessly to meet your needs. I will use Steve's services again in the future.” Kimberly Henry
“We really enjoyed working with Steve Carter while buying our first home in Colorado. Steve was enthusiastic, honest, and worked hard to find a house to meet our needs. He knows the area, knows the market, and has a no-nonsense approach to home buying. We definitely would recommend Steve to anyone in search of a good Realtor. Matthew and Lauren McDonell” Matthew McDonell
“Steve is a go getter and a go doer. He gets the job done and does it right. He cares about people and understands their needs. Steve won't let you down. Andrea Palm-Porter
“Steve is a great broker who looks out for his clients. He has extensive experience and is a good broker to go to for advice. Steve is easy to work with and is always professional.” Shannon Kyle
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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.