505 Pierce Street
Erie, CO 80537

Description

Great investment opportunity in the heart of downtown Erie! The spectacular 4-unit building features a total of 10 bedrooms and 4 bathrooms with 0% Vacancy! Unit one rents for $1,200 per month, Unit Two rents for $1,200 per month, Unit Three rents for $1,200 per month, and Unit Four rents for $1,100 per month amounting to $51,600 of potential rental income before operating expenses.

Details

MLS#9564616
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1976
Days On Site6

Features

SQ Feet4,380
Story(s)1
Units4
ZoningMLT FAM DW

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Area Information

StateCO
CountyWeld
CityErie
Zip Code80537
AreaWeld
Listing VS Median (in 80537)
Price:
$750,000
low | high
Med:
$425,000
93.333333333333% of Average
SqFt:
4,380
low | high
Med:
2,794
86.221461187215% of Average
$ / SqFt:
$171
low | high
Med:
$154
60.24594036838% of Average
On Site:
6
low | high
Med:
51
11.764705882353% of Average
Listing Updated: 02/19/2019
MLS Number: 9564616
Listing Provided By:
Steven Noel  of  RE MAX ALLIANCE
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