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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,082 sqft
Price per Sqft $73
Subdivision Hugo
MLS Listing ID 3795007
Bedrooms 8
Year Built 1985
Annual Tax Amount $1,747
Tax Year 2024
Lot Size 0.402 Acres
Property Sub-Type Quadruplex
Property Description
Rare Investment Opportunity in Hugo, CO! A unique chance to own a fully occupied quadplex in Eastern Colorado—an investor's dream! This well-maintained property boasts a strong rental history and consistent income potential.
Unit 1 & Unit 4: Single-level living, each featuring 2 bedrooms and 1 full bathroom.
Unit 2 & Unit 3: Two-story layouts, each offering 3 bedrooms and 2 bathrooms.
Unit 4 Bonus: Includes an additional storage room attached to the back.
Parking: Off-street parking available via the alley, plus an attached 1-car garage available for rental.
Each unit has been thoughtfully upgraded over time and features:
- Its own kitchen and dining area
- In-unit laundry with washer and dryer
- Individual furnace and A/C condenser for personalized comfort
Don't miss out on this rare, income-generating property in a high-demand rental market! Reach out to us today for more details!
Location
State CO
County Lincoln
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Linoleum, Vinyl
Laundry Laundry Closet, Main Level
Exterior
Garage Spaces 1.0
Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Roof Type Composition,Metal
Building
Sewer Community Sewer
Water Public
Structure Type Brick,Frame,Vinyl Siding
Schools
Elementary Schools Genoa-Hugo
Middle Schools Genoa-Hugo
High Schools Genoa-Hugo
School District Genoa-Hugo C-113
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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