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464 32 1/8 Road Clifton, CO 81520
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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,610 sqft
Price per Sqft $142
Subdivision Moordale & Cond
MLS Listing ID 20231919
Sold Date 12/29/23
Style Two Story,Fourplex
Bedrooms 8
Year Built 1981
Annual Tax Amount $2,032
Tax Year 2023
Lot Dimensions 132 x 77
Property Description
Impressive 4-plex investment opportunity! This property is a great choice for investors looking for a solid return on investment. Market rent is $1100/mo/unit! With separate gas and electric hookups for each unit the landlord expenses associated with this property are minimal (average of $265/mo), allowing for maximum profitability. The units are well-maintained, spacious, and offer a great layout for comfortable living. In addition, this property presents an ideal opportunity for simple value-add improvements to further increase your ROI. As an added bonus, owner-occupant buyers with FHA or VA loans can take advantage of the property by living in one unit and renting out the others. This is a fantastic chance to expand your portfolio, or start investing to increase your passive income. Schedule your showing today! Call today to schedule a showing. Information deemed reliable but not guaranteed. Terms subject to change without notice. Buyer to verify all to satisfaction.
Location
State CO
County Mesa
Area Clifton
Direction Between D 1/2 and D 3/4 on 32 1/8 on the East side
Rooms
Basement Crawl Space
Interior
Interior Features None
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Vinyl
Fireplace false
Appliance Electric Oven, Electric Range, Refrigerator
Exterior
Exterior Feature None
Amenities Available None
Roof Type Asphalt,Composition
Present Use Residential
Handicap Access None
Porch Covered, Deck
Building
Lot Description None, Other, See Remarks
Faces North
Story 2
Sewer Connected
Water Public
Level or Stories Two
Structure Type Wood Siding,Wood Frame
Schools
Elementary Schools Rocky Mountain
Middle Schools Mt Garfield (Mesa County)
High Schools Palisade
Others
HOA Fee Include None
Tax ID 2943-142-53-018
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Bought with NEXTHOME VIRTUAL
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