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Key Details
Sold Price $306,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $151
Subdivision Poplar & Fifth Rep Of Poplar Place
MLS Listing ID IR1052164
Sold Date 05/22/26
HOA Y/N No
Year Built 1929
Annual Tax Amount $1,423
Tax Year 2024
Lot Size 8,999 Sqft
Acres 0.21
Property Sub-Type Triplex
Source recolorado
Property Description
Turnkey Investment Opportunity! This fully renovated triplex has been completely updated from top to bottom, offering a rare chance to step into a stabilized, low-maintenance asset from day one. Each of the three units features a 2-bedroom, 1-bath layout with modern finishes and updated systems throughout.Designed with tenants and long-term performance in mind, the property includes four individual garage spaces, an added value. With recent renovations already completed, investors can avoid costly capital expenditures and focus on predictable cash flow.This triplex offers an attractive estimated cash-on-cash return of 6-8%, making it an excellent addition to any investment portfolio. Ideal for both seasoned investors and those looking to expand into multifamily ownership with confidence.Turnkey. Updated. Income-producing. Don't miss this opportunity to acquire a fully renovated multifamily property with solid returns and long-term upside.
Location
State CO
County Logan
Zoning R1
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace N
Appliance Oven, Refrigerator
Exterior
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Ayres
Middle Schools Sterling
High Schools Sterling
School District Valley Re-1
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Area Wide Realty, LLC
NEARBY SCHOOLS & BUSINESSES
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Team Lead | License ID: FA100085834
Team Lead License ID: FA100085834




