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209-213 N 5th St, Sterling, CO 80751

$306,000

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Sold Price: $306,000
List Price: $339,500
Closing Date: May 22, 2026
Type: Multifamily
Property Sub Type: Triplex
Status: CLOSED
MLS Number: IR1052164
Year Built: 1929

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Property Description

Turnkey Investment Opportunity! This fully renovated triplex has been completely updated from top to bottom, offering a rare chance to step into a stabilized, low-maintenance asset from day one. Each of the three units features a 2-bedroom, 1-bath layout with modern finishes and updated systems throughout.Designed with tenants and long-term performance in mind, the property includes four individual garage spaces, an added value. With recent renovations already completed, investors can avoid costly capital expenditures and focus on predictable cash flow.This triplex offers an attractive estimated cash-on-cash return of 6-8%, making it an excellent addition to any investment portfolio. Ideal for both seasoned investors and those looking to expand into multifamily ownership with confidence.Turnkey. Updated. Income-producing. Don't miss this opportunity to acquire a fully renovated multifamily property with solid returns and long-term upside.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.21
Lot Size Sq Ft: 8,999
Tax Amount: $1,423
Water Source: Public
Sewer: Public Sewer
Basement Type: Partial, Unfinished
Heating: Forced Air
Cooling: Ceiling Fan(s)
School District: Valley RE-1
Elementary School: Ayres
Middle Or Junior School: Sterling
High School: Sterling