707 Duncan

Rangely, CO 81648
$500,000
20

BEDS
13

BATHS
5,888

SF
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.
Listing Courtesy of Keller Williams Colorado West Glenwood
Details
MLS ID: 173981
Status: Closed
Neighborhood: None

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707 Duncan?

Additional Information

Construction
Frame

Exterior
Stucco

Cooling
None

Condition
Good

Extras
Storage Shed

Gas
Natural Gas

Heating
Baseboard, Electric, Forced Air, Gas

Inclusions
Range, Refrigerator

Laundry Facility
None

Mineral Rights
No

Possession
DOD

Roof
Composition Shingles

Sign
No

Sanitation
Sewer

Terms Offered
Cash, New Loan

Style
Ranch

Water Rights
No

Water
City

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