Residential Income for Sale: 1008 Phelps, Sterling, CO 80751 SOLD

8 beds
5 baths
3,722 sqft
mls #1023489
$175,000
$175,000
1008 Phelps, Sterling, CO 80751 SOLD
8 beds
5 baths
3,722 sqft
mls #1023489
$175,000
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Selling Price: $175,000
Original List Price: $164,000
Sold at 106.7% of list price
Sold Date: 01/21/2025

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Type Residential Income
Style Ranch
Beds 8
Baths 5 baths
Square Feet 3,722 sqft
Lot Size 0.38 acres
Year Built 1996
City Sterling
County Logan
School District Valley RE 1
Subdivision BOWLING GREEN
MLS 1023489
Status Closed
DOM 36 days
This unique lot offers an excellent investment opportunity with three income-producing mobile homes. All units are currently rented, providing immediate cash flow for the new owner. Each home features brand-new skirting, enhancing durability and curb appeal. The property includes 1008 Phelps St, which underwent a full remodel last year, including new floors, walls, paint, and molding. Additionally, 1010 Phelps St is equipped with a brand-new furnace, adding further value to this turnkey investment. Situated in a prime location close to local amenities, this property is perfect for seasoned investors or those looking to start their rental portfolio. Don't miss out on this exceptional opportunity.

Room Features

Basement None

Lot & Building Features

Appliances Electric Range/Oven, Refrigerator
Style Ranch
Heating Forced Air
Sewer City Sewer
Tax Year 2023
Water City Water, City of Sterling

Community and Schools

Elementary School Ayres, Campbell
Junior High School Sterling
Senior High School Sterling

Unit Features

Unit 1 - DS Bedrooms 3
Unit 1 - DS Est Sq Ft 938
Unit 1 - DS Rent 1100
Unit 1 - DS Total Baths 2
Unit 2 - DS Bedrooms 3
Unit 2 - DS Est Sq Ft 1440
Unit 2 - DS Rent 650
Unit 2 - DS Total Baths 1
Unit 3 - DS Bedrooms 2
Unit 3 - DS Est Sq Ft 1344
Unit 3 - DS Rent 1400
Unit 3 - DS Total Baths 2

Price History of 1008 Phelps, Sterling, CO

Date Name Price Difference
12/16/2024 Listing Price $175,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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By providing Grey Rock Realty with your contact information, you acknowledge and agree to our privacy policy and consent to receiving marketing communications, including calls, texts and emails. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time, to opt out from emails, you can click on the unsubscribe link in the email. Message and data rates may apply. 

Listed by Town Square Realty, Erin Debus 970-522-2009
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