425 Holly Dr

Sterling, CO 80751
$450,000
Great investment opportunity with cash flow. Fully leased, professionally managed 4-unit property. All 4 units are identical layouts with 2 bedrooms and 1 bathroom per unit. Laundry in each unit. Priced according to condition. 4 minutes drive to downtown Sterling. Must have a minimum of 24 hours notice to show,Read MoreRead Less
Courtesy of Sarah Goodyear, Group Harmony, 9705819112.
Listing Snapshot
Days Online
18
Last Updated
Property Type
Income Property
Lot Size
0.28 Acres
Year Built
1978
MLS Number
1034443
30 Days Snapshot Of 80751
$240k
-11%
(avg) sold price
12
-25%
homes sold
59
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: "Paved"
Appliances & Equipment
"Electric Range/Oven", "Dishwasher", "Refrigerator", "Washer", "Dryer", "Disposal"
Basement
Basement: "Crawl Space"
Building
Has Improvements: No, Total Sq Ft: 3736, Architectural Style: "Ranch", Construction Materials: "Wood/Frame", Levels: "One", Stories: 1, Year Built: 1978
Cooling
"Central Air"
Expenses
Operating Expense: 964
Fence
Fencing: "Fenced"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Sterling"
Heating
Heating: "Forced Air"
Home Owner's Association
Has Association 2 Fee: No, Has Association Fee: No, HOA Transfer Fee: No
Income
Gross Income: 4000, Net Operating Income: 3036
Lot
Acres: 0.28, Area: 12079, Square Feet: 12079
Property
Parcel Number: 3225000, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned"
Roof
"Composition"
Sewer
"City Sewer"
Taxes
Has Metro Tax District: No, Tax Annual Amount: 964, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Electricity"
Unit One
Bedrooms: 2, Est Sq Ft: 934, Total Baths: 1
Unit Two
Rent: $950, Bedrooms: 2, Est Sq Ft: 934, Number 2 Bedroom Units: 4, Total Baths: 1
Unit Three
Rent: $985, Bedrooms: 2, Est Sq Ft: 934, Total Baths: 1
Unit Four
Rent: $1,035, Bedrooms: 2, Est Sq Ft: 934, Total Baths: 1
Utilities
Is Water Meter Installed: Yes, Electric: "Electric", Gas: "Natural Gas", Utilities: "Natural Gas Available", "Electricity Available"
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Adam Schwartz
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