$2,563,000
$2,600,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 10/22/2021
Key Details
Sold Price $2,563,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5174318
Sold Date 10/22/21
HOA Y/N No
Originating Board recolorado
Year Built 1925
Annual Tax Amount $18,907
Tax Year 2020
Lot Size 0.380 Acres
Acres 0.38
Property Description
Price adjustment on an extraordinary investment opportunity at the entrance of Eldorado Canyon State Park . This 12 unit multi-family property is situated above the iconic Eldorado Pool and steps away from world-class climbing in the State Park. The opportunities are endless with stone cabin bungalows and eclectic units tucked into the side of a hill. The property sits below a climbing backdrop, several of the units have million-dollar views, outdoor flagstone patios, and native vegetation. The water supply is from Eldorado Canyon's artesian spring. Amazing trails and wilderness just steps away into the park, minutes to downtown Pearl Street fine dining, and a quick commute to Denver. The property is fully leased with the opportunity to increase rents and financial performance. Unit breakdown is 5 studio units, 6 1-bedroom units, 1, 2-bedroom unit.
Location
State CO
County Boulder
Interior
Fireplace N
Exterior
Roof Type Composition
Total Parking Spaces 12
Garage No
Building
Structure Type Other
Others
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Madison & Company Properties
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