Great Investment opportunity with a 6.95% cap rate!! Fourplex with 2 story units. All units have 2 bedrooms, washer dryer hook up's, private back yards and storage units. Units C and D have been completely remodeled. A and B have had some updating. New roof was put on in 2022 with a 7 year warranty along with new boilers or re built boilers. In 2024 new fencing and gates were installed and exterior painting was just completed on 3 sides of the unit. Over 1/2 acre lot. You can live in one unit and let the tenants pay your mortgage. You don’t want to miss this one!!
MLS# | 20243276 |
---|---|
Listing Type | For Sale |
Style | Town House / Duplex |
Sub-Type | Resale |
Status | Active |
Year | 1978 |
Days On Site | 50 |
Listing Provided By | RE/MAX 4000, INC | MICHELLE RITTER |
Bed(s) | 8 |
---|---|
Bath(s) | 6 |
SQ Feet | 3,464 |
Basement | Y |
Story(s) | 2 |
Units | 4 |
Zoning | PUD |
Acreage | 0.56 |
State | CO |
---|---|
County | MESA |
City | Clifton |
Zip Code | 81520 |
Area | Clifton |
Community Name | Escalante |
Listing VS Median (in Escalante) | |
Price: $695,000 low | high Med: $560,000 SqFt: 3,464 low | high Med: 2,558 $ / SqFt: $201 low | high Med: $229 On Site: 50 low | high Med: 47.000000 |