$559,000
$559,000
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112-114 8th ST Gilcrest, CO 80623
2,566 SqFt
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
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