905 S 2nd Sterling, CO 80751
3,006 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,006 sqft
Subdivision Reval Area 1
MLS Listing ID IRE9240327
HOA Y/N No
Year Built 1959
Annual Tax Amount $1,265
Tax Year 2024
Source ires
Property Description
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
Community Reval Area 1
Area Logan
Direction Directions from Downtown Sterling to 905 S 2nd Ave, Sterling, CO: Head south on N 3rd St toward Main St. Turn left onto Main St (US-6). Continue for about 0.3 miles, then turn right onto S 2nd Ave. Drive approximately 0.5 miles. 905 S 2nd Ave will be on your right-hand side.
Interior
Heating Forced Air
Exterior
Exterior Feature Balcony
Utilities Available Natural Gas Available, Electricity Available, Cable Available
View Y/N No
Roof Type Composition
Porch Patio
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Brick,Metal Siding,Wood Siding
New Construction false
Schools
Elementary Schools Ayres
Middle Schools Sterling
High Schools Valley Re 1
School District Valley Re 1
Others
Acceptable Financing Cash, Conventional, VA, 1031 Exchange
Listing Terms Cash, Conventional, VA, 1031 Exchange
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