Homes for sale - 905 S 2nd AVE, Sterling, CO 80751

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Source Home Group

homes@hirethebrokerage.com +1(970) 528-0604

$569,000

Est. payment - /mo

3,006 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,006 sqft

Price per Sqft $189

Subdivision Reval Area 1

MLS Listing ID 9240327

HOA Y/N No

Abv Grd Liv Area 3,006

Year Built 1959

Annual Tax Amount $1,265

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

Property Description

This is a rare opportunity to own a well-kept, fully leased property in a strong rental market.
Whether you're expanding your portfolio or seeking a stable income-producing asset, the Patio Apartments in Sterling are an investment you won't want to miss!

Now available, The Patio Apartments, a unique and highly desirable 5-unit multifamily property located at 905 S 2nd Ave, Sterling, CO. This well-maintained income property is a proven earner with a strong rental history, long-term tenants, and recent updates that make it truly turnkey.
Property Highlights:
• Fourplex + Single Unit (5 total) – Each unit is 1 bed / 1 bath with kitchen, living room, laundry, and private patio.
• Renovation Upgrades Include:
o New exterior paint and landscaping
o New perimeter fencing
o LED lighting inside two updated units & throughout exterior
o In-unit washer/dryers in every apartment
o Some units with new electric cook tops
o Two units recently refreshed with new paint and lighting
• 5 exterior storage units available for tenant rental
• Ample public parking directly in front for tenants and guests
Investment Advantage:
• Fully leased through June 30, 2026 with reliable tenants
• One tenant has called this property home for over 20 years
• Units are easy to rent due to desirable layout and convenient location
• Stable rental demand from nearby Sterling Correctional Facility and strong local employment base

Sterling is the largest city in Northeastern Colorado, offering a balance of small-town charm and essential amenities. With a growing economy, anchored by healthcare, corrections, education, and local businesses, Sterling provides a steady pool of reliable tenants. Outdoor enthusiasts appreciate its proximity to North Sterling State Park for boating, fishing, and recreation. The city's vibrant downtown, local shops, and community events add to the appeal for both residents and investors. Call Jon for additional information at 303-246-8740 mobile/text

Location

State CO

County Logan

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available, Phone Available

Roof Type Composition

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick,Metal Siding,Wood Siding

Schools

Elementary Schools Ayres

Middle Schools Sterling

High Schools Sterling

School District Valley Re-1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, Jumbo, VA Loan

Special Listing Condition None

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Listed by Mountain East Real Estate

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

905 S 2nd AVE Sterling, CO 80751

Source Home Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

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