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407 E Corona Ave, Wiggins, CO, 80654

5beds
3baths
3,356sqft
$699,900
$209price/sqft
$4,581/moest. monthly cost
$183,240/yrincome needed

About This Home

Discover a versatile, income-producing triplex in Wiggins' desirable North Ridge Addition, offering immediate cash flow with strong upside potential. Current rent of all three units combined is $5175.00 which includes utilities. The property includes three units: two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit.One 2-bedroom unit and the 1-bedroom unit have been thoughtfully remodeled with fresh paint, updated kitchens featuring tile flooring, durable laminate flooring throughout, and refreshed bathrooms-creating modern, low-maintenance living spaces. The 1-bedroom unit is currently move-in ready, presenting an excellent opportunity for an owner-occupant or to lease. The remaining 2-bedroom unit is in original condition, providing a clear value-add opportunity to renovate and increase rental income over time. A standout feature is the large shared deck off the two upper units, offering an inviting outdoor space for relaxing or entertaining. Additional exterior highlights include newly refreshed landscaping, fresh sod, an updated sprinkler system, and mature trees all contributing to strong curb appeal and a well-maintained presence. Parking is abundant with six dedicated off-street spaces-two per unit-plus an oversized two-car garage, providing added flexibility for storage or additional parking. Dedicated tenant storage further enhances convenience and functionality. Whether you're expanding your investment portfolio or seeking an owner-occupant opportunity, this well-maintained triplex offers a compelling combination of updates, stability, and future growth potential.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Wiggins Elementary SchoolGrades PK-60.6 mi
--
Wiggins Middle SchoolGrades 7-80.6 mi
3/10
Wiggins High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1970

Materials

  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Gas Range,Dishwasher,Refrigerator,Microwave,Water Softener Owned

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Window features: Window Coverings

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 3,356
  • Total interior livable area: 3,356 sqft

Property

Details

  • Parcel number: 122311302001
  • Zoning: Residentia
  • Special condition: Private Owner
  • Exclusions: All tenant and sellers personal property

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Deck
  • Exterior features: Sprinkler System,Balcony
  • Has view: Yes
  • View description: Plains View,City

Lot

  • Lot size: 0.48 Acres
  • Features: Paved,Mineral Rights Excluded

Parking

  • Total spaces: 9