This unique lot offers an excellent investment opportunity with three income-producing mobile homes. All units are currently rented, providing immediate cash flow for the new owner. Each home features brand-new skirting, enhancing durability and curb appeal. The property includes 1008 Phelps St, which underwent a full remodel last year, including new floors, walls, paint, and molding. Additionally, 1010 Phelps St is equipped with a brand-new furnace, adding further value to this turnkey investment. Situated in a prime location close to local amenities, this property is perfect for seasoned investors or those looking to start their rental portfolio. Don't miss out on this exceptional opportunity.
Sold
$175,000
1008 Phelps St, Sterling, CO 80751
8beds
5baths
3,722sqft
Multi Family
Built in 1996
-- sqft lot
$175,800 Zestimate®
$47/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 21, 2025 at 01:20pm
Listed by:
Erin Debus 970-522-2009,
Town Square Realty
Bought with:
Michele Owen
RE/MAX Homestead Northeast
Source: IRES,MLS#: 1023489

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Forced Air
Appliances
- Included: Electric Range/Oven, Refrigerator
Features
- Basement: None
Interior area
- Total structure area: 3,722
- Total interior livable area: 3,722 sqft
Property
Features
- Stories: 1
- Has view: Yes
- View description: City
Lot
- Size: 0.38 Acres
Details
- Parcel number: 2678000
- Zoning: MH
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1996
Utilities & green energy
- Electric: Electric, Xcel
- Gas: Natural Gas, Xcel
- Sewer: City Sewer
- Water: City Water, City of Sterling
- Utilities for property: Natural Gas Available, Electricity Available, Trash: City of Sterling
Community & neighborhood
Location
- Region: Sterling
- Subdivision: Bowling Green
HOA & financial
Other financial information
- Total actual rent: 3150
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Services availability

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