Please reach call/text 970-388-3898 with any questions. Income property for sale near UNC. This property contains 3 units that are all attached. One unit is the original house. It contains 4 bedrooms and two bathrooms. This unit was completely remodeled including all utilities upgraded to current code and totally replaced. New ac/furnace and hot water heater, new windows, new siding, new roof, new cabinets, new countertops, doors, etc. Units 2 & 3 are identical units with 3 bedrooms and 2 bathrooms. These two units are a two story addition connected to the original house. All units are NOT accessible to each other from the inside (all private entry). Units 2 & 3 are brand new including all HVAC equipment, utilities, appliances, etc. Sewer and water tap are brand new and service all three units. Maintenance/large expense items on this property are as deferred as it gets. Landscaping was totally re done as well including new irrigation system with WiFi controllability. Cap rate at the listed price is over 7%! All units are currently leased Tenants are responsible for all utilities besides water/sewer. Current rent rolls and expenses are as follows: Unit 1 - $2700/MO currently month to month with minimum 60 day notice. Unit 2 - $2100/MO and lease is up in July. Unit 3 - $1900 and lease is up in March 2027. Taxes are roughly $3500/year, Insurance $2900/year, and water/sewer (paid by owner) $2400/year. Please reach call/text 970-388-3898 with any questions.
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