Evans CO Multi Family for Sale
$649,000
2911 State Farm Road Evans, CO 80620
- Type:
- Cluster
- Sq.Ft.:
- 4,844
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- IR1017674
- Subdivision:
- Lakeshore
View additional info
Courtesy: Exp Realty - Hub
970-682-2251
ADDITIONAL INFORMATION
Check out this fantastic investment opportunity in Evans! This four-unit property offers comfortable living for tenants and profits for the owner. Property under leased - time for a more active owner to bring out the financial capabilities of this investment, with a potential Cap rate of 6.98%. Each unit has a window A/C, and a domestic boiler heats the building. This 4-plex in Northern Colorado is a great investment opportunity with 10 bedrooms and 6 bathrooms, making it the best value in Northern Colorado. Constructed with 80% brick and recently upgraded with a new roof featuring Class 4 shingles, new gutters, fresh paint, and modern garage doors with openers, the property is designed for long-term durability and minimal maintenance. The consistent occupancy rate since 2016, with no vacancies and no need for active listings, underscores its rental solid demand. 2 oversized single-car garages attached to the 3/2 units add further value, making it an ideal choice for tenants seeking convenience and space. Additionally, being 1 block from the charter elementary school attracts families looking for educational opportunities, and 2 blocks from the fantastic Monfort Family Clinic and grocery store creates a walkable environment to enhance its rental appeal. This 4-plex is more than just an investment - it's a pathway to building lasting wealth.
$430,000
1205 32nd Street Evans, CO 80620
- Type:
- Duplex
- Sq.Ft.:
- 1,900
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Year built:
- 1970
- Baths:
- 2.00
- MLS#:
- 6979769
- Subdivision:
- Evans
View additional info
Courtesy: Brokers Guild Homes
303-752-0007
ADDITIONAL INFORMATION
Great opportunity to own this brick duplex with 3 bedrooms 1 bath per side. Excellent long term tenants who are wanting to stay. Tenants are currently month-to-month which gives you the opportunity to raise rents to market value of about $1700-1800 per side. Tenants pay electric and gas. Each unit has a private yard and plenty of assigned parking in the back. This is a great opportunity to live on one side and rent the other as well for a beginner investor. 24-hour courtesy notice required for all showings. Sellers are looking for a quick closing.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Evans Real Estate
The median home value in Evans, CO is $377,500. This is higher than the county median home value of $331,200. The national median home value is $219,700. The average price of homes sold in Evans, CO is $377,500. Approximately 58.1% of Evans homes are owned, compared to 39.16% rented, while 2.75% are vacant. Evans real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Evans real estate agent to arrange a tour today!
Evans, Colorado has a population of 19,967. Evans is more family-centric than the surrounding county with 43.81% of the households containing married families with children. The county average for households married with children is 38.89%.
The median household income in Evans, Colorado is $54,410. The median household income for the surrounding county is $66,489 compared to the national median of $57,652. The median age of people living in Evans is 29.4 years.
Evans Weather
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 15.2 inches per year, with 40.8 inches of snow per year.