905 S 2nd Ave new Save Request In-Person Tour Request Virtual Tour
Sterling,CO 80751
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,006 sqft
Price per Sqft $189
Subdivision Reval Area 1
MLS Listing ID 9240327
Year Built 1959
Annual Tax Amount $1,265
Property Sub-Type Income Property
Property Description
This is a rare opportunity to own a well-kept, fully leased property in a strong rental market.
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
Area Logan
Interior
Heating Forced Air
Exterior
Exterior Feature Balcony
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Composition
Building
Story 2
Sewer City Sewer,Public Sewer
Structure Type Brick/Brick Veneer,Metal Siding,Wood Siding
New Construction false
Schools
Elementary Schools Ayres
Middle Schools Sterling
High Schools Sterling
School District Valley Re-1