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Great duplex

$349,000

Palomino Park
Rifle, CO 81650


Rare duplex property in a great neighborhood. A slow housing market and growing industry make rental properties a good investment in Rifle. Live in one & rent the other, or rent both sides. One side leased below market at $1350. The other side will rent for $1600. Both units are in good condition - one side has new laminate, carpet, paint, appliances, and fixtures. Well maintained and priced to sell!

BEDROOMS:  Six (three/three) 

BATHS:  Four (two/two)

SQUARE FOOTAGE:  2,208

LOT SIZE:  9,555                        

FURNISHED: No

FEATURES:
9% Cap Rate at full asking price
Positive cash flow with only 10% down
Patio/Deck
Storage Shed
Fence
Carport

TAXES: $1,068.48  (2008)

PRICE: $349,000

TERMS: Cash or New Loan

MLS#: 108050

LISTING BROKER:
Joshua Landis
970/ 948-9485 (cell)
Joshua@jlandis.com (e-mail)

Subject to errors, omissions, prior sale and withdrawal without notice.   Note:  The information contained herein, while provided by reliable sources is not guaranteed.  It shall be incumbent upon Buyer to research and investigate all aspects of the subject property to Buyer’s satisfaction.