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505 Pierce St Erie, CO 80516
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Key Details
Sold Price $765,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Erie Town
MLS Listing ID 872188
Sold Date 05/15/19
Style Contemporary/Modern
Bedrooms 10
HOA Y/N false
Originating Board IRES MLS
Year Built 1976
Annual Tax Amount $2,362
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Income Property
Property Description
Great investment opportunity in the heart of downtown Erie! The spectacular 4-unit building features a total of 10 bedrooms and 4 bathrooms with 0% Vacancy! Unit one rents for $1,200 per month, Unit Two rents for $1,200 per month, Unit Three rents for $1,200 per month, and Unit Four rents for $1,100 per month amounting to $51,600 of potential rental income before operating expenses.
Location
State CO
County Weld
Area Greeley/Weld
Zoning MLT FAM DW
Direction Head south on County Line Road then turn left onto Cheesman Street. Turn right onto Pierce Street then the destination is on your left.
Rooms
Basement None
Interior
Interior Features Satellite Avail, High Speed Internet
Heating Forced Air
Cooling Ceiling Fan(s)
Appliance Some Appliances, Disposal
Exterior
Exterior Feature Lighting
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Composition
Street Surface Paved,Asphalt
Handicap Access Level Lot, Level Drive
Building
Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level
Faces South
Story 2
Sewer City Sewer
Water City Water, Town of Erie
Level or Stories Two
Structure Type Wood/Frame,Brick/Brick Veneer,Wood Siding,Concrete
New Construction false
Schools
Elementary Schools Eagle Crest
Middle Schools Erie
High Schools Erie
School District St Vrain Dist Re 1J
Others
Senior Community false
Tax ID R5757286
SqFt Source Assessor
Special Listing Condition Private Owner
Read Less
Bought with CO-OP Non-IRES