This well-maintained triplex offers a solid investment opportunity with three one-bedroom, one-bath units. One unit is occupied by a long-term tenant, providing immediate income, while the other two units are set up perfectly for mid-term rentals, giving you flexibility and strong rental potential. Each unit is equipped with a new tankless water heater, and the front two units feature new windows. Multiple mini-split systems have been added throughout the units for efficient heating and cooling. If you're looking for a versatile, income-producing property, this is a great option, investment properties like this don't come around very often.
Looking to purchase that 5 unit income property that is already making money the moment you purchase the property? Sellers to assign all existing leases to buyer on day of closing. The current owners have painted and conducted general maintenance in 5 units. This property is presently pulling rental income with 5 units with tenants. The buildings were constructed in 1911. This building has two units on the upper level that have two bedrooms each. The main level has one studio space and 1 two-bedroom space. An additional one-bedroom space is located in the basement level. A built-in one car garage is ready to rent or could be utilized as storage space. There is some on-site parking spaces, fenced privacy yard, heating in all spaces and cooling units in all spaces. There is a coin operated shared laundry space.
Lamar is located in Colorado. Lamar, Colorado has a population of 7,636. Lamar is more family-centric than the surrounding county with 36.3% of the households containing married families with children. The county average for households married with children is 36.11%.
The median household income in Lamar, Colorado is $43,764. The median household income for the surrounding county is $44,984 compared to the national median of $69,021. The median age of people living in Lamar is 35.7 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 14.1 degrees. The average rainfall is approximately 15.2 inches per year, with 25.3 inches of snow per year.
