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Updated Six-Plex Income Property
For Sale
$775,000

624 Taylor St, Sterling, CO 80751

Six-plex with recent unit updates, newer water heater, and newer windows in four units, currently fully rented.

Property SizeContact for details
Days on Market106

Property Features for 624 Taylor St

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $1,355

Building Details

Year Built 1965
Units 6
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Listed By: Daniel Weiner · License #100055751
Source: Elliman
Added: Jul 12 Changed: Oct 12 Last Checked: Oct 24 at 4:25PM

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 Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

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Investment Insights

Based on property information with market context.

This six-plex residential income property includes multiple updated units, with newer flooring, paint, light fixtures, outlets, and switches in all units. Additional improvements include a newer water heater and newer windows in four of the six units. The property also has a storage shed intended to support additional income.

The building is located near downtown Sterling on the south side and is described as having many amenities within walking distance. Public remarks also note Sterling’s local draw from the largest correctional facility in Colorado and Northeastern Junior College.

As presented, the property is currently rented under market value with a 0% vacancy rate.

Key Highlights

  • Six‑plex built in 1965, currently fully rented with a 0% vacancy rate
  • Recent unit updates include newer flooring, paint, light fixtures, outlets, and switches in all units
  • Newer water heater plus newer windows in four of the six units

Property Analytics

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Lease Details

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 80751, CO

17,702
Population
6,864
Households
2.6
Avg Household Size
39
Median Age
18%
College-Educated
89%
High-School Grad
475.8 sq mi
ZIP Area
37
Density / Sq Mi
$49,221
Median Household Income
$32,814
Median Earnings
$1,033
Median Rent
$232,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six-plex with recent unit updates, newer water heater, and newer windows in four units, currently fully rented.
Where is this apartment building located?
The property is located at 624 Taylor St Sterling, CO.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Six‑plex built in 1965, currently fully rented with a 0% vacancy rate; Recent unit updates include newer flooring, paint, light fixtures, outlets, and switches in all units; Newer water heater plus newer windows in four of the six units
More about this property
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