112-114 8th ST Pending Save Request In-Person Tour Request Virtual Tour
Gilcrest,CO 80623
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,566 sqft
Price per Sqft $217
Subdivision Gilcrest Town
MLS Listing ID IR1035375
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