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223 Main St
Meeker, CO 81641

$615,000 USD

Apartments For Sale  •  2,830 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,633 SF
  • Building Class B
  • Year Built 1950
30 Walk Score

Highlights

Unique owner-user investment opportunity featuring a single-family home and income-producing triplex on one lot
Live in the main house while the triplex income helps offset the mortgage, or operate all four units as a single rental portfolio
Current rents are significantly below market, creating substantial upside for an incoming owner
Single-family home currently rents for $1,790/month with market rent estimated at $2,500/month
Triplex currently generates $1,800/month, with market rents estimated at $2,700/month
Stabilized monthly rental income of $5,200, representing approximately 44.8% upside from current rents

Property Flyers

David Barocas 303-669-2475 Pinnacle Real Estate Advisors
David Barocas 303-669-2475 Pinnacle Real Estate Advisors