560 North Sparn Street
$659,000
10
4
4,024
4,024
$164
Description
4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the...4-Plex Opportunity on a Quiet Cul-de-Sac – High Tenant Appeal! Nestled on a lovely cul-de-sac, this well-maintained 4-plex offers an attractive investment opportunity with a current rent roll of $5,480 and room to increase. Each unit features a highly desirable two-story layout that tenants love. End units offer spacious two-bedroom layouts with a versatile loft that can be used as an additional bedroom, office, or second living area. Middle units are thoughtfully designed with one bedroom on the ground floor and a loft upstairs for flexible living space. The property sits on a comfortable, well-sized lot that enhances tenant satisfaction, while amenities like a community laundry room and ample parking add convenience. Its central location provides easy access to local amenities, making it even more appealing to renters. Currently performing at a 6% cap rate, this property has room for value-add potential through rent increases or minor improvements. Don’t miss this opportunity to own a solid income-producing asset in a prime rental market! Buyer to verify all to satisfaction. Terms subject to change without notice.
- Listed by RACHEL JUSTMAN • CENTURY 21 CAPROCK REAL ESTATEP: (970)-615-0201 Rachel.justman@realestategj.com
Property Details for 560 North Sparn Street
Subdivision Name
Other
Architectural StyleBi Level, Fourplex
LISTING UPDATED: 11/25/2024 04:04 PM
Property Details for 560 North Sparn Street
Status | Active |
---|---|
MLS # | 20245262 |
Days on Market | Listed Today |
Taxes | $1,744 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Quadruplex |
Year Built | 1977 |
Lot Size | 0.31 AC / 13,503 SF |
County | Mesa County |
Building Information for 560 North Sparn Street
Stories-Residences4Year Built1977Building Size-Lot Size0.31 AC / 13,503 SF
Property Information for 560 North Sparn Street
Property History for 560 North Sparn Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 560 North Sparn Street
Taxable ValueLand$4,940Additions$19,160Total$24,100
Tax Record2023$1,744 ($145 / month)
Home Facts
Total Finished SqFt4,144 SqFtAbove Grade Finished SqFt4,144 SqFtStories2Lot Size43,560 SqFtStyleQuadraplexYear Built1977Zoning1220CountyMESAAPN2943-071-10-011
Schools near 560 North Sparn Street
This home is within Mesa County Valley 51 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | PK to 8 |
Rating | School | Distance |
---|---|---|
Nisley Elementary School PublicPK to 5 | ||
Bookcliff Middle School Public6 to 8 | ||
Central High School Public9 to 12 | ||
Independence Academy CharterPK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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