349 S 9th Street, Rifle, CO 81650 (MLS# 146015) -

349 S 9th Street, Rifle, CO 81650

$532,000

Property Type: Commercial Sale Square Footage: 7,760 Lot Size (sq. ft.): 16,988 Status: Closed

Current Price: $532,000 List Date: 9/13/2016 Last Modified: 4/08/2026

Overview

Description

Investment Property. If you have an investor generating income from single family dwellings, and would like to step into a multi-family. This is the perfect opportunity Easily collect $5500 per month in rent. Manage the property well and Calculate the expenses and you can easily do a 6% CAP Rate. Perfect Addition to an Investor Portfolio. Terrific possibilities and a great opportunity here! - Current rents Unit 1 $850 - Unit 2 $775 - Unit 3 $750 - Unit 4 $700 - Unit 5 $750 - Unit 6 $ 0 - Unit 7 $850 - This is the type of investment an investor can build, nurture, grow and reap the rewards! Buy it today. You'll be happy you did.

Listing Details MLS# 146015

Location Info

Type: Commercial
Major Area: Rifle
Area: 12-South of Rifle
Asking Price: 525000
Original List Price: 750000
Street #: 349
Street Direction Pfx: S
Street Name: 9th
Street Suffix: Street
City/Town: Rifle
State/Province: CO
Postal Code: 81650

Keywords Info

Total Building SqFt: 5,001 - 10,001
Association Dues: No

Listing Info

REO: No
Member Association: Glenwood Association

General Info

Sub/Loc: Rifle Village South
County: Garfield
Legal: Section: 16 Township: 6 Range: 93 Subdivision: MAHOGANY ADD. Block: 3 Lot: 4
Zoning: multi family
Lot SqFt: 16988
Nbr of Acres: 0.39
Total SqFt: 7760
Business Name: Cedar Town Homes
Inventory: No
Parcel #: 217716405004
Year Built: 1980
Directions: taugenbaugh blvd south. Turn right on 9th st. 3rd bldg on the left

Financing Info

Taxes: 2134.2
Tax Year: 2015
Transfer Tax: No
HOA Dues: 0

Status Change Info

Under Contract Date: 2016-09-29
Proposed Close Date: 2016-10-14
Sold Date: 2016-10-18
Sold Price Per/SF: 68.55
How Sold: Cash

More Information

Remarks

Public Remarks: Investment Property. If you have an investor generating income from single family dwellings, and would like to step into a multi-family. This is the perfect opportunity Easily collect $5500 per month in rent. Manage the property well and Calculate the expenses and you can easily do a 6% CAP Rate. Perfect Addition to an Investor Portfolio. Terrific possibilities and a great opportunity here! - Current rents Unit 1 $850 - Unit 2 $775 - Unit 3 $750 - Unit 4 $700 - Unit 5 $750 - Unit 6 $ 0 - Unit 7 $850 - This is the type of investment an investor can build, nurture, grow and reap the rewards! Buy it today. You'll be happy you did.

Allowable Uses

Multi-Family Res: Yes

Current Use

Multi-Family: Yes

Construction

Frame: Yes

Access

Paved: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Average: Yes

Basement/Substructure

Crawl Space: Yes

Gas

Natural Gas: Yes

Roof

Metal: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Heating/Cooling

Electric: Yes

Location Amenities

Highway Access: Yes

Mineral Rights

No: Yes

Parking

6 - 10 Spaces: Yes

Occupant

Tenant Occupied: Yes
Multiple Leases: Yes

Disclosures

1031 Exchange: Yes

Tenant Pays

Deposit: Yes
Electricity: Yes
Gas: Yes

Owner Pays

Building Insurance: Yes
Exterior Maintenance: Yes
Interior Maintenance: Yes
Property Taxes: Yes
Sewer: Yes
Site Maintenance: Yes
Trash Collection: Yes
Water: Yes

Terms Offered

Cash: Yes

Possession

DOD: Yes

Expenses Include

Grounds Maintenance: Yes
Insurance: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Multi-Family Res Current Use: Multi-Family Construction: Frame Condominiumized: No Roof: Metal Condition: Average Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Tenant Pays: Deposit; Electricity; Gas Owner Pays: Building Insurance; Exterior Maintenance; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Parking: 6 - 10 Spaces Access: Paved Expenses Include: Grounds Maintenance; Insurance; Sewer; Trash; Water Location Amenities: Highway Access Occupant: Tenant Occupied; Multiple Leases Disclosures: 1031 Exchange Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD

Documents

P & L statement ›

Expenses for the property ›

Listing Office: Coldwell Banker Mason Morse-GWS

Last Updated: April - 08 - 2026

Broker Attribution: (970) 928-9000

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