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''
MLS# | 157850 |
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Sub-Type | Resale |
Status | Pending - Show |
Year | 1947 |
Days On Site | 9 |
SQ Feet | 6,773 |
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Property View | Yes |
Area Information | |
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State | CO |
County | Garfield |
City | Rifle |
Zip Code | 81650 |
Area | Rifle |
Listing VS Median (in 81650) | |
Price: $449,000 low | high Med: $304,500 SqFt: 6,773 low | high Med: 1,736 $ / SqFt: $66 low | high Med: $175 On Site: 9 low | high Med: 140 |