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Wiggins, CO 80654 407 E Corona Ave

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  • MLS# 1056483
  • 04/13/2026
  • Request Tour
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  • Beds • 5
  • Baths • 3
  • SQFT • 3,356

Home Details

Discover a versatile, income-producing triplex in Wiggins' desirable North Ridge Addition, offering immediate cash flow with strong upside potential. Current rent of all three units combined is $5175.00 which includes utilities. The property includes three units: two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.One 2-bedroom unit and the 1-bedroom unit have been thoughtfully remodeled with fresh paint, updated kitchens featuring tile flooring, durable laminate flooring throughout, and refreshed bathrooms-creating modern, low-maintenance living spaces. The 1-bedroom unit is currently move-in ready, presenting an excellent opportunity for an owner-occupant or to lease. The remaining 2-bedroom unit is in original condition, providing a clear value-add opportunity to renovate and increase rental income over time. A standout feature is the large shared deck off the two upper units, offering an inviting outdoor space for relaxing or entertaining. Additional exterior highlights include newly refreshed landscaping, fresh sod, an updated sprinkler system, and mature trees all contributing to strong curb appeal and a well-maintained presence. Parking is abundant with six dedicated off-street spaces-two per unit-plus an oversized two-car garage, providing added flexibility for storage or additional parking. Dedicated tenant storage further enhances convenience and functionality. Whether you're expanding your investment portfolio or seeking an owner-occupant opportunity, this well-maintained triplex offers a compelling combination of updates, stability, and future growth potential.
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Interior Features for 407 E Corona Ave

Other Interior Features

LivingAreaSourceAssessor
BasementPartially Finished
Window FeaturesWindow Coverings

General for 407 E Corona Ave

AppliancesElectric Range, Gas Range, Dishwasher, Refrigerator, Microwave, Water Softener Owned
Architectural StyleContemporary
AttributionContact3039124904
Cap Rate2.99
CityWiggins
Community FeaturesCommunity Laundry
Construction MaterialsFrame
CoolingCentral Air, Ceiling Fan(s)
CountyMorgan
DisclosuresSeller's Property Disclosure
ElectricRE Morgan
Elementary SchoolWiggins
ExclusionsAll tenant and sellers personal property
Expected Active Date 2026-04-14
Gross Income49795
HOANo
HeatingForced Air
High SchoolWiggins
High School DistrictWiggins RE 50
LevelsTwo
MLS AreaMorgan
Middle/Junior High SchoolWiggins
Net Operating Income20947
New ConstructionNo
Number Of Units Total3
Operating Expense28848
Other StructuresStorage
Parcel Number122311302001
Patio/Porch FeaturesPatio, Deck
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNorth Ridge Add
Tax Annual Amount2923
Tax Year2025
Tenant PaysDeposit
UtilitiesNatural Gas Available, Electricity Available
ViewPlains View, City
Year Built1970
ZoningResidentia

Exterior for 407 E Corona Ave

Exterior AmenitiesSprinkler System, Balcony
Irrigation Water Rights Y/NNo
Lot FeaturesHouse Faces West, Paved, Mineral Rights Excluded
Lot Size Acres0.48
Lot Size Area20887
Other Parking2 Spaces/Unit
Road Frontage TypeCity Street
Total Parking9
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Wiggins Elementary School
High School Wiggins High School
Middle School Wiggins Middle School

Nathan Washam

Broker/Owner
Price $699,900
MLS#1056483
List Date 04/13/2026
Property Type Income
Phone 970.988.8295
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