UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2918874
Style Rustic
HOA Y/N No
Year Built 1898
Annual Tax Amount $3,544
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Multi Family
Source recolorado
Property Description
Just a short walk to vibrant Harrison Street, where you'll find an array of restaurants, bars, hotels, and boutique shops. This unique property features two fully remodeled homes on separately deeded lots—a rare opportunity!
The first home offers 1 bedroom and 1 full bath, perfect for guests, rental income, or a private retreat. The second home boasts 3 bedrooms and 2 bathrooms, ideal for comfortable full-time living or vacation hosting.
Take in breathtaking views of Mt. Massive and Mt. Elbert from the expansive patio, or unwind across the street at the local ice rink and skate park. Whether you're looking for investment potential, multigenerational living, or a mountain getaway, this property delivers.
Revenue potential on 3/2 house $450/night, $98k annualized at 60% occupancy. 1 bedroom ADU, $250/night, $55k annualized at 60% occupancy. 12% cap rate (17% operating expense).
Location
State CO
County Lake
Interior
Fireplace N
Exterior
Parking Features Gravel
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 4
Garage Yes
Building
Sewer Public Sewer
Water Public
Structure Type Concrete,Frame,Metal Siding,Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.
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