Gilcrest, CO 80623,112-114 8th ST
Gilcrest, CO 80623,112-114 8th ST
Gilcrest, CO 80623,112-114 8th ST
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William Watson

William Watson

Watson Group

+1(303) 842-0836
$559,000
Est. payment /mo
2,566 SqFt
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UPDATED:

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


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REColorado (REColorado MLS)
Listed by Equity Colorado-Front Range
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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112-114 8th ST