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Off market

Buy a multi-family propertyat 306 Broadway St, Sterling, CO 80751

$175,000

$190,000 (-7.89%)

$0/mo

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Multifamily

2,032 Sq. Ft.

6,970 Sq. Ft. lot

458 Days on market

979359 MLS ID

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About 306 Broadway St multi-family property

Back on market due to no fault of seller! Welcome to 306 Broadway, where two quaint stucco homes become your next business investment! The larger home was built in 1912 and features a two bedroom, one bathroom rental with an unfinished basement and a detached garage. The unfinished basement also holds a laundry room, a non-conforming bedroom and a non-operating bathroom that could be restored. The back rental was built in 1954 and hosts another two bedroom, one bathroom rental. Both houses have separate laundry rooms and electrical meters. Current tenants are long-term and on month-to-month leases.
Back on market due to no fault of seller! Welcome to 306 Broadway, where two quaint stucco homes become your next business investment! The larger home was built in 1912 and features a two bedroom, one bathroom rental with an unfinished basement and a detached garage. The unfinished basement also holds a laundry room, a non-conforming bedroom and a non-operating bathroom that could be restored. The back rental was built in 1954 and hosts another two bedroom, one bathroom rental. Both houses have separate laundry rooms and electrical meters. Current tenants are long-term and on month-to-month leases.

Property details

House

Above Grade Finished Area: 1552

Architectural Style: "Ranch"

Below Grade Finished Area: 480

Building Area Total: 1552

Construction Materials: "Wood/Frame", "Stucco"

Additional Upper Sq Ft: 720

Has Improvements: No

Main Floor Sq Ft: 832

Total Sq Ft: 2032

Living Area: 2032

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 1

Year Built: 1912

Appliances and Equipment

Appliances: "Electric Range/Oven", "Refrigerator", "Washer", "Dryer"

Basement

Basement: "Partial"

Bathrooms

Bathrooms Full: 1

Bathrooms Three Quarter: 1

Bathrooms Total Integer: 3

Baths Rough In: 1

Bedrooms

Bedrooms Total: 5

All Bedrooms Conform: t

Location

City: Sterling

Country: US

County Or Parish: Logan

Locale: Sterling

Latitude: 40.63338

Longitude: -103.20276

MLS Area Major: Logan

Postal Code: 80751

State Or Province: CO

Street Name: Broadway

Street Number: 306

Street Suffix: St

Subdivision Name: BROADWAY ADDN

Unparsed Address: 306 Broadway St Sterling CO 80751

Garage

Covered Spaces: 1

Garage Spaces: 1

Garage YN: t

Garage Sq Ft: 240

Garage Type: Detached

Utilities

Electric: "Electric"

Gas: "Natural Gas"

Is Water Meter Installed: Yes

Utilities: "Natural Gas Available", "Electricity Available", "Cable Available"

Schools

Elementary School: Campbell,Ayres

High School: Sterling

High School District: Valley RE 1

Middle Or Junior School: Sterling

Fence

Fencing: "Fenced"

Income

Gross Income: 18000

Net Operating Income: 13531.61

Heating

Heating: "Forced Air"

Heating YN: t

Taxes

Has Metro Tax District: No

Tax Annual Amount: 564.39

Tax Year: 2021

Water

Has Water Rights: No

Water Source: "City Water", "City"

Listing

Listing Id: 979359

Listing Terms: "Cash", "Conventional"

List Price: 175000

Mls Status: Pending

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Lot

Lot Size Acres: 0.16

Lot Size Area: 6970

Lot Size Square Feet: 6970

Lot Size Units: Square Feet

Expenses

Operating Expense: 4468.39

Property

Parcel Number: 4097000

Possible Use: "Single Family", "Multi-Family"

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Kitchen

Room Kitchen Area: 60

Room Kitchen Features: "Vinyl Floor"

Room Kitchen Length: 10

Room Kitchen Level: Main

Room Kitchen Width: 6

Primary Bedroom

Room Master Bedroom Area: 100

Room Master Bedroom Features: "Wood Floor"

Room Master Bedroom Length: 10

Room Master Bedroom Level: Main

Room Master Bedroom Width

Tenant Pays

Tenant Pays: "Electricity"

Monthly cost

Estimated monthly cost

$1,079/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$164,500

+$5,250

$169,750

Seller agent commission$5,250 (3%)*

$0 (0%)

Buyer agent commission$5,250 (3%)*

$5,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: Apr 19, 2024 at 10:21 a.m.

Data updated: Mar 16, 2023 at 8:45 p.m.

Courtesy of Mattie Haney, Precision Homes Real Estate
This content last updated on 03/16/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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