499 1/2 Forelle Street #A & B, Clifton, CO 81520
Local realty services provided by:Better Homes and Gardens Real Estate Fruit & Wine
Listed by: cory carlson
Office: venture group
MLS#:20261975
Source:CO_GJARA
Price summary
- Price:$550,000
- Price per sq. ft.:$272.82
About this home
Investment opportunity featuring two fully leased units, each offering 3 bedrooms and 2 bathrooms, with one-year lease terms in place. Unit A is currently leased at $1,650 per month, and Unit B is leased at $1,800 per month, providing combined gross rental income of $3,450 per month. Property offers an attractive 6.7% cap rate with established rental income from day one. Recent improvements include a new roof installed in summer 2026, new evaporative cooler, and soffit replacement on Unit B. Excellent opportunity for an investor seeking a stabilized, income-producing property with significant recent capital improvements.
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Home facts
- Year built:2001
- Subdivision & Development:N/A
- Listing ID #:20261975
- Added:141 day(s) ago
- Updated:September 18, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Concrete
- Living area:2,016 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt, Composition
- Year built:2001
- Building area:2,016 sq. ft.
- Lot Features:Landscaped
- Construction Materials:Vinyl Siding, Wood Frame
- Foundation Description:Basement
- Levels:1 Story
Schools
- High school:Palisade
- Middle school:MT Garfield (Mesa County)
- Elementary school:Rocky Mountain
Utilities
- Water:Public
- Sewer:Connected
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$272.82
- Tax amount:$2,010 (2026)
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator
- Laundry features:Dryer Hookup, Washer Hookup
- Amenities:Ceiling Fans, Pantry, Window Coverings
Parking
- Parking description:Garage Door Opener
- Garage:Yes
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