407 E Corona Avenue, Wiggins, CO 80654
North Ridge Add · Morgan County
Key Facts
Description
$25,000.00 Seller Concessions! 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.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Style
Contemporary
Year Built
1970
Living Area
3,356 sq ft
Lot Size
0.48 acres
Parking Spaces
9
Ownership
Individual
Zoning
Residentia
Days on Market
67
MLS® Listing#
IR1056483
Property Features
Exterior
Appliances
Cooling
Heating
Patio
Lot Features
Construction
Roof
Windows
Utilities
Sewer
Water Source
Schools
- Elementary:
- Wiggins
- Middle:
- Wiggins
- High:
- Wiggins
Financial Details
HOA
None
Annual Taxes
$2,923
Tax year 2025
Parcel Number
122311302001
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Wiggins, CO
- $511,765
- Median Listing Price
- 79
- Median Days on Market
- 1,859
- Median Sq Ft
- $241
- Median Price / Sq Ft
- 66
- Active Listings
- This home’s price is 22% above the area median.
- Its price per sq ft is 23% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Wiggins, CO.
Location
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Points of Interest in Wiggins, CO
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 100 Bluebell Court, Wiggins, CO | $445,000 | 4 | 3 | 2,153 |
| 100 Bluebell Ct, Wiggins, CO | $445,000 | 4 | 3 | 2,153 |
| 7513 County Road 6, Wiggins, CO | $449,900 | 3 | 2 | 1,859 |
| 7513 County Road 6, Wiggins, CO | $449,900 | 3 | 2 | 1,859 |
| 109 7th Avenue, Wiggins, CO | $450,000 | 3 | 2 | 1,488 |
| 109 7th Ave, Wiggins, CO | $450,000 | 3 | 2 | 1,488 |
Moving Cost Estimate
EXIT Agents in Wiggins
Listing Courtesy: LPT Realty, LLC. - 3039124904
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PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
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