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Sterling, CO 80751 717 Elm St

Pending
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Presented By: ;
  • MLS# 1048099
  • 12/04/2025
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    Home Details

    Exceptional Investment Opportunity - Duplex + Single-Family Home - This centrally located property offers both versatility and long-term rental stability. The duplex features two units: a 2-bedroom currently occupied by a reliable tenant of 5 years, and a 1-bedroom has had great rental history. In addition, the single-family home includes 2 bedrooms and an attached 1-car garage. Current tenants have resided for 3.5 years, providing consistent cash flow and peace of mind for investors. Situated near the recreation center, library, parks, and schools, this property combines convenience with strong rental demand. Whether you're seeking a multi-unit investment or a live-in/lease-out option, this offering provides excellent potential in a desirable location.
    Presented By: ;

    Interior Features for 717 Elm St

    Bedrooms

    Total Bedrooms5

    Bathrooms

    Total Baths3

    Other Interior Features

    LivingAreaSourceAssessor
    BasementNone
    Window FeaturesWindow Coverings

    General for 717 Elm St

    AppliancesElectric Range, Refrigerator
    AttributionContact9704661413
    Cap Rate12.29
    CitySterling
    Construction MaterialsFrame
    CountyLogan
    DisclosuresNone, Lead Paint
    ElectricXCEL
    Elementary SchoolOther
    Exclusionspersonal property of tenants
    Expected Active Date 2025-12-04
    Gross Income28500
    HOANo
    HeatingForced Air, Zoned, Individual Heat Source, Wall Furnace
    High SchoolSterling
    High School DistrictValley RE 1
    Lease Amount FrequencyMonth-to-Month
    LevelsOne
    MLS AreaLogan
    Middle/Junior High SchoolSterling
    Net Operating Income24563
    New ConstructionNo
    Number Of Units Total3
    Operating Expense3937
    Parcel Number38052529419023
    Possible UseMulti-Family
    Property SubtypeMulti Family
    Property TypeResidential Income
    RoofComposition
    SewerPublic Sewer
    Standard StatusPending
    StatusPending
    Subdivision NameStanton & Daleys Sub
    Tax Annual Amount337
    Tax Year2024
    Tenant PaysElectricity
    Unit719
    UtilitiesElectricity Available
    Year Built1921
    Zoningres

    Exterior for 717 Elm St

    Irrigation Water Rights Y/NNo
    Lot FeaturesPaved, Sidewalks, Alley
    Lot Size Acres0.22
    Lot Size Area9500
    Other Parking2 Spaces/Unit
    Road Frontage TypeCity Street
    Road Surface TypeAsphalt
    Total Parking5
    Water SourceCity
    Waterfront Y/NNo

    Additional Details

    Price History

    Schools

    High School Sterling High School
    Elementary School N/A
    Middle School Sterling Middle School

    Nathan Washam

    Broker/Owner
    Price $199,900
    MLS#1048099
    List Date 12/04/2025
    Property Type Pending
    Phone 970.988.8295
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    Request Info
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