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Key Details
Sold Price $179,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 9266312
Bedrooms 4
Year Built 1958
Annual Tax Amount $1,153
Tax Year 2023
Lot Size 0.498 Acres
Property Sub-Type Quadruplex
Property Description
Fully Rented Multi-Unit Investment Property in Rangely, Colorado
Seize this exceptional investment opportunity in the heart of Rangely, Colorado! This fully rented property features four income-generating units, combining residential and commercial spaces for maximum profitability.
The two residential units each offer 2 bedrooms and 1 bathroom, providing comfortable and affordable living spaces for tenants. These units are well-maintained and consistently occupied, ensuring reliable rental income.
The property also includes two commercial units, perfectly suited for small businesses, offices, or retail ventures. With prime central location and excellent visibility, these spaces are in high demand and attract steady commercial tenants.
This turnkey investment offers 100% occupancy and strong cash flow, making it an ideal addition to any portfolio. The blend of residential and commercial units provides diverse income streams and long-term growth potential.
Don't miss out on this rare opportunity to own a fully leased property in Rangely's thriving market!
Location
State CO
County Rio Blanco
Interior
Heating Forced Air
Cooling Evaporative Cooling
Exterior
Roof Type Membrane,Metal
Building
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Park View
Middle Schools Rangely
High Schools Rangely
School District Rangely Re-4
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT