221 Hamilton Street Sterling, CO $ 420,000
221 Hamilton Street
$ 420,000
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221 Hamilton Street

Sterling, CO, 80751
$ 420,000
Baths0.0 Sq 1,720

Monthly Estimate*

$ 2,791

Listed by RE/MAX Homestead Northeast
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Studio

Multi-Family Home for sale in Sterling, CO

for $420,000. This 1,720 square foot home was built in 1950 on a lot size of 0.14.

This 4-plex unit has an updated 2-bedroom unit with a 3/4 bath, large open remodeled kitchen, living room, dining room and washer/dryer hook-ups. The back unit is a one-bedroom, full bath, living room, and kitchen. The front unit on S 3rd Avenue is another 2-bedroom unit with full bath, kitchen, dining room and living room, then the upstairs unit is 1 bedroom unit with full bath, living room and kitchen all situated on a corner lot. There is 1 gas meter, 3 electric meters servicing all 4 units Landlord is paying gas, water/trash/sewer, snow removal, lawn mowing and the electric meter shared by the back unit and upstairs.

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Multi-Family Active

Price

$ 420,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 635

Style

Lot Size

0.14

Year Built

1950

Town/City

Sterling

County/Region

Logan

MLS | Web ID

IR1006037

Features
General
Interior Features Eat-in Kitchen
Sewer Public Sewer
Heating Baseboard Forced Air Space Heater
Utilities Cable Available Electricity Available Natural Gas Available
Possession Closing/DOD See Remarks
Roof Composition
Appliances Oven Refrigerator
Zoning RES
Construction Materials Block Wood Frame Wood Siding
Exclusions Personal property of the tenants
Year Built 1950
View City
Levels Two
Property SubType Quadplex
Tax Year 2022
Percent Ownership Individual
Gross Income 3200
County Logan
Net Operating Income 17135
Operating Expense 11965
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name B&M
Possible Use Multi-Family
Status Active
Directions FROM MAIN STREET GO SOUTH ON S 3RD AVENUE PROPERTY ON THE CORNER OF S 3RD AVENUE AND HAMILTON
High School Sterling
City Sterling
Buyer Agent Compensation 2.50
High School District Valley RE-1
NumberOfUnitsTotal 4
Lot Size Square Feet 5998
Street Name Hamilton
Listing Terms Cash Conventional
Elementary School Ayres
Tax Annual Amount 635
Middle/Junior High School Sterling
Standard Status Active
Occupancy Type Tenant
Elementary School District Valley RE-1
Cap Rate 4.07
Buyer Agent Compensation Type %
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Interior
Basement None
Basement (Y/N) N
Window Features Window Coverings
Street Suffix Street
Laundry Features In Unit
Main Level Bedrooms 0
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Exterior
Lot Features Corner Lot Flood Zone
Water Source Public
Total Parking 8
Building Area Total 1720
Lot Size Acres 0.14
Road Surface Type Alley Paved Paved
Road Frontage Type Public
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Internal Only
Street Number 1 221
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* Excluded Features
List By
Re/Max Homestead Northeast

Broker

(970) 580-2949

Phone

Affordability Calculator

$2,844
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,791
Monthly Property Taxes
$53
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043512 Elementary School
2512592 Middle School
Sterling High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2024$420,000 Listed Price

Map


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221 Hamilton Street, Sterling, CO, 80751 is a Multi-Family Home for sale at $420,000 with 1,720 sqft and a lot size of 0.14. 221 Hamilton Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 80751 which is in Sterling, CO