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Archived over 1 year ago

$175,000

2 bd 1 ba 1104 sqft

1155 Sidney Ave, Sterling, CO 80537

Residential SFR Needs Repairs

Current Rent **

N/A

Projected Rent **

$1,000

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Tom Woolrich

A charming and cozy early 20th century cottage in the heart of Sterling!

Seller is ready to move on from this property and highly motivated. This is a great opportunity for an investor looking for a nearly turnkey rental property. We have an inspection in hand, and the home is in solid shape for its age. Does need interior and exterior paint, but not much else! Recent updates include brand new kitchen cabinetry and fully updated bath. New flooring, heat registers and water heater were installed in 2018. Its central location could also make for a great STR. (Check with the city for requirements) Close to schools and walking distance from 2 parks.

Location:

1155 Sidney Ave, Sterling, CO 80537

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.