27988 Knowles Road, Evergreen, 80439

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27988 Knowles Road

Evergreen, 80439

LISTING

FEATURED

$3,250,000

For Sale

8,194

Sq.Ft.

1.70

Acres

MLS# 9973350

Listed on site 332 days since October 28th, 2022

Property Details

Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtownEvergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serialFlipper 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 theLittle Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separateproperties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish toliquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to buildingSingle 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.

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Property Highlights

Price

$3,250,000

Property Type

Commercial Sale

Property Sub Type

Multi-Family

Year Built

1919

Acres

1.70

Location

County

Jefferson

Zoning

MR-1

Property Details

Price

$3,250,000

Property Sub Type

Multi-Family

Property Type

Commercial Sale

Building

Structure Type

Free Standing

Total Area

8,194

Interior Features

Area and Spaces

Number of Units

Interior Features

Electic

110V

Security Features

Carbon Monoxide Detector(s)

Building Details

Construction

Year Built

1919

Materials

Construction Materials

Frame, Wood Siding

Roof

Composition

Terms

Commercial

Cap Rate

2.60

Terms

Exclusions

Tenants' personal property.

Special Terms

Cash, Conventional

Taxes

Tax

Tax (Annual)

$1,956

Heating, Cooling & Utilities

Utilities

Sewer

Public Sewer

Utilities

Electricity Connected, Natural Gas Connected, Phone Available

Water Source

Public

Lot

Acres

1.70

Lot Features

Cul-De-Sac

Lot Size

Lot Size Area Sq Ft

74,052

Parking

Parking Features

Concrete, Driveway-Gravel

Total Parking Spaces

Listed by Re/max 100 Inc., [email protected], 303-591-4663. Listing Data last updated 25th September, 2023 01:00 MST

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Property History

332 days ago

Property Listed

12 days ago

Property info last updated

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than REMAX 100 The Home Teams are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose.
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Listing Data last updated: 25th September, 2023 01:00 MST

27988 Knowles Road - MLS#9973350 - $3,250,000

Listed by Re/max 100 Inc.

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27988 Knowles Road Evergreen, 80439 — MLS# 9973350

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