Listing Provided By RE/MAX 100 INC.
Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtown Evergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serial Flipper can have a ball with these. SO much charm and Location, Location, Location! One block to Downtown Evergreen. Walk to the lake and lakehouse for concerts, paddleboarding, ice skating, and New Year's fireworks. Restaurants, bars, and galleries galore. Trees, rock outcroppings, wildlife. All that and walk to breakfast at the Wildflower or live music at the Little Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separate properties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish to liquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to building Single Family townhomes or possibly condos. Many possibilities. If you drive by PLEASE do not disturb the tenants. The maximum ROI is achieved when curb appeal is approved. Then, fix-n-flip, fix-n-hold, and/or VRBO will be lucrative.
- Price:
- $3,250,000
- Square Footage:
- 8,194
- Acreage:
- 1.70
- Year Built:
- 1919
- Listing ID #:
- 9973350
- Street Address:
- 27988 Knowles Rd
- City:
- Evergreen
- State:
- Colorado
- Postal Code:
- 80439
- County:
- Jefferson
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Security:
- Carbon Monoxide Detector(s)
- Construction Description:
- Frame, Wood Siding
- Number Of Units:
- 8
- Style:
- Detached
- Total Building Square Footage:
- 8194
- Type Of Roof:
- Composition
- Year Built:
- 1919
- Documents On Hand:
- Legal Description, Lease
- Conforms To Zoning:
- Mr-1
- Existing Land Use:
- Multi-Family
- Lot Features:
- Cul-De-Sac
- Lot Size:
- 1.7
- Lot Square Footage:
- 74052
- Road Frontage Type:
- Public Road
- Road Type:
- Paved
- Excluded:
- Tenants' Personal Property.
- Originating Mls:
- Reco
- Terms:
- Cash, Conventional
- Owner Pays:
- Taxes, Water
- Property Taxes:
- $1,956
- Tax Year:
- 2021
- Tenant Pays:
- Electricity, Gas, Internet, Trash Collection, Telephone, Water
- Parking Description:
- Concrete, Driveway, Gravel
- Parking Spaces:
- 16
- Electricity:
- 110 Volts
- Existing Water:
- Public
- Sewage Type:
- Public Sewer
- Utilities:
- Electricity Connected, Natural Gas Connected, Phone Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By RE/MAX 100 INC.
