Quadplex for Sale - Lincoln County, Colorado

Asking Price$425,000

Gross Revenue
$37,200

Net Operating Income$26,329

FF&ENot Disclosed

Building Sq. Ft.5082

Price per Sq. Ft.$89.00

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Quadplex for Sale - Lincoln County, Colorado


Asking Price$425,000

Gross Revenue
$37,200

Net Operating Income$26,329

FF&ENot Disclosed

Building Sq. Ft.5082

Price per Sq. Ft.$89.00

Property Description
Rare opportunity to purchase a quadplex in Eastern Colorado!
Rare Investment Opportunity in Hugo, CO! A unique chance to own a fully occupied quadplex in Eastern Colorado—an investor’s dream! This well-maintained property boasts a strong rental history and consistent income potential. Unit 1 & Unit 4: Single-level living, each featuring 2 bedrooms and 1 full bathroom. Unit 2 & Unit 3: Two-story layouts, each offering 3 bedrooms and 2 bathrooms. Unit 4 Bonus: Includes an additional storage room attached to the back. Parking: Off-street parking available via the alley, plus an attached 1-car garage available for rental. Each unit has been thoughtfully upgraded over time and features: - Its own kitchen and dining area - In-unit laundry with washer and dryer - Individual furnace and A/C condenser for personalized comfort Don’t miss out on this rare, income-generating property in a high-demand rental market! Reach out to us today for more details!
About the Property
Type
Multi-Family
Building Status
Established
Facilities & Assets
1 building, 4 units total
#1 - 2 bed, 1 bath, 1008 sq. ft., $750/month
#2 - 3 bed, 2 bath, 1512 sq. ft., $800/month
#3 - 3 bed, 2 bath, 1512 sq. ft., $800/month
#4 - 2 bed. 1 bath, 1050 sq. ft., $750/month
Location Description
Each units has its own utilities metered separately. Great rental history with low vacancy rate.
Current and Prior Use
Multi-family housing
Year Built
1985
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Taxes, Insurance, Repairs and Maintenance, Water/Sewer/Trash on two units
Listing Info
ID:
2367205
Listing Views:
588
Business Location

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Property Listed by: Timothy Andersen Gordon Real Estate Group

Listing ID: 2367205 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.