Income-Producing Triplex with Upside
For Sale
$625,000
407 E Corona Ave, Wiggins, CO 80654
Well-maintained triplex in Wiggins with updates and growth potential.
Days on Market99
Property Features for 407 E Corona Ave
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1970
Listing Agency:
The little lady
(303) 912-4904
Listed By:
Amanda Robinson
(303) 912-4904
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 12:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The little lady
Investment Insights
Based on property information with market context.
This triplex in the North Ridge Addition of Wiggins offers immediate cash flow and upside potential. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. One of the 2-bedroom units and the 1-bedroom unit have been remodeled with fresh paint, updated kitchens featuring tile flooring, laminate flooring, and refreshed bathrooms. The 1-bedroom unit is move-in ready. The remaining 2-bedroom unit is in original condition, presenting a value-add opportunity to renovate and increase rental income. A large shared deck is located off the two upper units. Exterior highlights include refreshed landscaping, fresh sod, an updated sprinkler system, and mature trees. Parking includes six dedicated off-street spaces, two per unit, plus an oversized two-car garage. Dedicated tenant storage enhances convenience. The property is located in a car-dependent area and is somewhat bikeable.
Key Highlights
- Income‑producing triplex with immediate cash flow and upside potential in Wiggins' desirable North Ridge Addition.
- Two remodeled units feature fresh paint, updated kitchens with tile flooring, laminate flooring, and refreshed bathrooms.
- Value‑add opportunity: One 2‑bedroom unit in original condition allows for renovation to increase rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 80654, CO
3,230
Population
1,165
Households
2.8
Avg Household Size
35
Median Age
20%
College-Educated
89%
High-School Grad
234.9 sq mi
ZIP Area
14
Density / Sq Mi
$99,830
Median Household Income
$51,518
Median Earnings
$1,096
Median Rent
$396,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex in Wiggins with updates and growth potential.
Where is this triplex located?
The property is located at 407 E Corona Ave Wiggins, CO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Income‑producing triplex with immediate cash flow and upside potential in Wiggins' desirable North Ridge Addition.; Two remodeled units feature fresh paint, updated kitchens with tile flooring, laminate flooring, and refreshed bathrooms.; Value‑add opportunity: One 2‑bedroom unit in original condition allows for renovation to increase rental income.
