401 W Cranston

Fowler, CO 81039

Incomes Property  $110,000  Sold

10-23-2017 08:18am

Great investment opportunity! Prime location! (Highway 50 east - fewer than 30 minutes to Pueblo) With some TLC this would return great dividends on your investment! Great addition to your portfolio. This 10 unit apartment complex also includes a detached 3 bedroom, 1 bath house with partial basement. The house could be used for the on-site property manager or additional rental.. There is also a two-car detached garage on site. Units 1-4 units are attached, 5-8 are stand-alone studio(cabin-like structures), 9 and 10 are attached. There is a laundry room attached to unit 8 with access to 1 washer and 1 dryer.The property needs lots of TLC but would bring a great return on your investment. A must see! Don't pass up this opportunity.

MLS#
7596131
MLS Originator
REcolorado (Denver)
Off Market Date
10-04-2017 12:00am
Original Price
$150,000

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
10-23-2017 08:18am
Bedrooms
10
Bathrooms
10
SqFt
3724
Year Built
1946
Der PSF Total
29.54

SqFt Lot
6348.00
SqFt Finished
3724
SqFt Above
3724

Sold Price
$110,000
Previous Year Tax
$218
Terms and Conditions
Cash, Other, Private Financing
Transaction Type
For Sale

Cooling
Air Conditioning-Individual
Heating
Forced Air
Heating Fuel
Electric, Gas

Base Size
None
Parking Spaces
1
Vehicle Spaces
10

Roof
Composition Shingles,Metal
Construction
Stucco
Construction Method
Frame

School District
Fowler R-4J

Annual Actual Expenses
10980
Annual Projected Expenses
26730
Annual Actual Income
18161
Annual Projected Income
52200
Annual Actual Net Income
7181
Annual Projected Net Income
25470
Unit Furnished
0

PPA
343750.00
Lot Width
0.00

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