707 Duncan

Rangely, CO 81648 / None

MLS ID# 173981 Closed
Residential Income

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Closed $500,000

20 beds

13 baths

None Garage

5888 sqft

4.93 acres

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Financing Info
• Details
• Virtual Tour 1

Description

Own half a block of Rangely, Colorado with 13 units in 7 different structures. The property consists of 8 units with 2 bedrooms and 1 bath consistently rented at $450/mo, 4 units with 1 bedroom and 1 bath rented at $400/mo. The 13th unit is a studio with a full bath and is currently occupied by the onsite manager, but would likely rent between $350 and $400/mo. Gross Rent is $66,600, with professional management the Net Operating Income is projected to be $45,700. The property is in good condition with recent remodel/upgrades including new electrical, plumbing, interior finishes, exterior doors, windows and stucco. Own half a block of Rangely, Colorado with 13 units in 7 different structures. The property consists of 8 units with 2 bedrooms and 1 bath consistently rented at $450/mo, 4 units with 1 bedroom and 1 bath rented at $400/mo. The 13th unit is a studio... show more

Location Info

• Type Residential Income
• Major Area Rangely
• Area 20-Rangely
• Street # 707
• Street Name Duncan
• City/Town Rangely
• State/Province CO
• Postal Code 81648

Keywords Info

• Bedrooms 20
• Total Baths 13
• Baths - Full 12
• Baths - 3/4 1
• Baths - Half 0
• Lot Size Refer to Acreage
• Acreage 4 - 5
• Garage None
• Pre-Fabricated Home No

Listing Info

• TB% 2.5
• BB% 2.5
• Variable Comm False
• Flat Fee No
• Short Sale No
• REO No
• Auction No
• Agency Excl Right to Sell
• Foreclosure No
• Member Association Glenwood Association
• County Rio Blanco
• Deeds Special Warranty

General Info

• SubLoc None
• Legal Subd: UTAH OIL SUBDIVISION Block: B Lot: 3 & 4 LESS 0.14 M/L DES IN B. 390
• Zoning multi-family
• Nbr of Acres 4.93
• Lot SqFt 214751
• Lv Ht SqFt 5888
• Unfinished SqFt 0
• Total SqFt 5888
• Price/LvH SqFt 84.92
• Levels 1
• Main Floor Master Yes
• Short Termable No
• Year Built 1947
• Year Remodeled 2018
• Parcel # 139302302005
• Account # R1000495
• Directions State Hwy 64 west to River Rd, south (left) on River Rd to Duncan Rd.

Financing Info

• Metro Tax District No
• Taxes 1845.94
• Tax Year 2021
• Transfer Tax No
• HOA Dues Y/N No
• HOA Transfer Fee No
• Earnest $/% 10000.00
• Earnest $ Payable To Rio Blanco County Abstract

Details

• Miscellaneous

  No Under Construction

• Laundry Facility

  None

• Style

  Ranch

• Construction

  Frame

• Exterior

  Stucco

• Roof

  Composition Shingles

• Condition

  Good

• Heating

  Baseboard, Electric, Forced Air, Natural Gas

• Electric

  Yes:Public

• Gas

  Natural Gas

• Water

  City

• Cooling

  None

• Sanitation

  Sewer

• Possession

  DOD

• Extras

  Storage Shed

• Terms Offered

  Cash, New Loan

• Mineral Rights

  No

• Water Rights

  No

• Sign

  No

• Inclusions

  Range, Refrigerator