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Key Details
Sold Price $559,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,566 sqft
Price per Sqft $217
Subdivision Gilcrest Town
MLS Listing ID IR1035375
Sold Date 07/10/25
HOA Y/N No
Year Built 2001
Annual Tax Amount $2,400
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Duplex
Source recolorado
Property Description
Investor Opportunity - Strong Bones, Strong Returns. This full duplex in Gilcrest offers a rare chance to acquire two large, income-producing units at a below-market price. Each side features 3 bedrooms, 2 bathrooms, vaulted ceilings, a central gas fireplace, and spacious layouts with attractive architectural details. Both units are tenant-occupied with long-term renters (5-10 years), and have historically provided consistent, low-touch rental income. While the property could benefit from cosmetic improvements and basic upkeep, it has excellent potential for value-add investors. Interior photos are from Unit 114 only; Unit 112 is a mirror-image with similar finishes and layout. This is a solid opportunity for sweat equity, steady cash flow, or a long-term hold at a compelling price point.
Location
State CO
County Weld
Zoning R-2
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen, No Stairs, Vaulted Ceiling(s)
Heating Forced Air
Fireplaces Type Gas
Equipment Satellite Dish
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Exterior
Utilities Available Electricity Available, Internet Access (Wired), Natural Gas Available
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Level
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Gilcrest
Middle Schools North Valley
High Schools Valley
School District Weld County Re-1
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with JPAR Modern Real Estate
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding sellers in the Denver Metro area. Whether you are a first-time or seasoned seller, I'll dedicate myself to building a working relationship to make the process smooth -- and profitable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of buyers and investors.
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