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315 Railroad Ave

Iliff, CO 80736
  • $229,000
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 971744
UPDATED: 39 min ago
$229,000
  • 5
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,320
    SQFT
  • $69
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Income property with TONS of potential. Five total units. Unit A features one bed, one bath with nice updated kitchen, laundry hookups, and a two car carport. It is also handicap accessible. Unit B features a commercial kitchen with a walk in cooler, large pantry space, large rear entrance delivery door, and restaurant stainless steel grill/oven. There is also a bathroom and large seating/office area. Unit C is a one bed with kitchen and full bath. Unit D could be a studio apartment or meeting space. There is a small kitchen area and a 3/4 bath. Unit E is a two bedroom, one bath, with a kitchen area and laundry hookups. Unit C and E can be combined to make a multiple bedroom rental unit.

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© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-11-27T12:41:53.637.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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315 Railroad Ave Iliff, CO 80736

  • Price: $229,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 39 min ago
  • MLS #: 971744
5
Beds
0
Baths
0
½ Baths
0.36
Acres
3,320
SQFT
$69
$/SQFT
1958
Built
Neighborhood:
Iliff Original
County:
Logan
Area:
15 Logan County (all)
Elementary School:
Caliche
Middle School:
Caliche
High School:
Caliche
School District:
Valley RE 1
Property Description
Income property with TONS of potential. Five total units. Unit A features one bed, one bath with nice updated kitchen, laundry hookups, and a two car carport. It is also handicap accessible. Unit B features a commercial kitchen with a walk in cooler, large pantry space, large rear entrance delivery door, and restaurant stainless steel grill/oven. There is also a bathroom and large seating/office area. Unit C is a one bed with kitchen and full bath. Unit D could be a studio apartment or meeting space. There is a small kitchen area and a 3/4 bath. Unit E is a two bedroom, one bath, with a kitchen area and laundry hookups. Unit C and E can be combined to make a multiple bedroom rental unit.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameBlockVinyl Siding Direction Faces South Horse YN No Lot Features Level Other Parking Parking Per Unit(1 Space/Unit) Other Structures Storage Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Metal Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level LotLevel DriveNo StairsMain Floor BathMain Level Bedroom Appliances Gas Range/OvenRefrigeratorMicrowave Basement None Cooling Room Air Conditioner Cooling YN Yes Heating 2 Or More Heat Sources Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Total Baths 1 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 12.11 Ditches Active YN No Electric ElectricHighline Exclusions Personal Property Of Seller And Tenants Gas Natural GasBlack Hills Gross Income 29376 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Iliff Net Operating Income 27723.78 New Construction YN No Operating Expense 1652.22 Possible Use Multi-FamilyCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 1652.22 Tax Year 2021 Tenant Pays DepositWaterSewer Unit1 Rent 825 Unit2 Rent 575 Unit3 Rent 625 Unit4 Rent 100 Utilities Natural Gas AvailableElectricity Available Water Source City WaterTown Of Iliff Zoning Ag

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Erin Debus of Town Square Realty: 9705222009.



© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-11-27T12:41:53.637.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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