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220 Virginia Dr

Estes Park, CO 80517
  • $885,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: 951283
Under Contract
UPDATED: 52 min ago
$885,000
  • 8
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,733
    SQFT
  • $187
    $/SQFT
Type:
Multi-Family
Built:
1907
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Great investment opportunity with 5 income units on 1 parcel, zoned multi-family in downtown Estes Park. All 5 units have annual leases in place ( leases expire Jan 1, Feb 1, and May 1, 2022). There are 4 cabins, with one being a duplex (Units 11 & 12) with a basement that has been used as an office, storage and laundry facility in the past. Unit #1 is a 1 bedroom/1 bath, Unit #3 is a 2 bedroom/1 bath, Unit #4 is a 2 bedroom/1bath, Unit #11 is a 2 bedroom/1bath and Unit #12 is a 1 bedroom/1bath. At least 24 hour notice required for showings due to tenant occupancy.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kimberly Austin Properties | Keller Williams Integrity Real Estate. Data last updated: 2021-10-20T14:41:26.76.
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220 Virginia Dr Estes Park, CO 80517

  • Price: $885,000
  • Status: Active Under Contract
  • Updated: 52 min ago
  • ID#: 951283
8
Beds
0
Baths
0
½ Baths
0.48
Acres
4,733
SQFT
$187
$/SQFT
1907
Built
Neighborhood:
Epco Subdivision, Amended
County:
Larimer
Area:
11 Estes Park area (Larimer County)
Elementary School:
Estes Park
Middle School:
Estes Park
High School:
Estes Park
School District:
Estes Park District
Property Description
Great investment opportunity with 5 income units on 1 parcel, zoned multi-family in downtown Estes Park. All 5 units have annual leases in place ( leases expire Jan 1, Feb 1, and May 1, 2022). There are 4 cabins, with one being a duplex (Units 11 & 12) with a basement that has been used as an office, storage and laundry facility in the past. Unit #1 is a 1 bedroom/1 bath, Unit #3 is a 2 bedroom/1 bath, Unit #4 is a 2 bedroom/1bath, Unit #11 is a 2 bedroom/1bath and Unit #12 is a 1 bedroom/1bath. At least 24 hour notice required for showings due to tenant occupancy.
Exterior Features

Architectural Style CabinRanch Construction Materials Wood/Frame Entry Location Outside Entry Horse YN No Lot Features LevelSloped Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Deck Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No View Mountain(S) Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorSome Appliances Basement Full Fireplace Features 2+ Fireplaces Fireplace YN Yes Heating Baseboard Heating YN Yes Interior Features High Speed InternetEat-in KitchenSeparate Dining RoomOutside Entry Living Area Source Other Unit1 Bedrooms 1 Unit1 Est Sq Ft 619 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 623 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 615 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 2.99 Electric ElectricSeparate Meter ElectricityTown Of Ep Exclusions Tenants And Owners Personal Property Gross Income 55980 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventional Locale Estes Park Net Operating Income 26466.99 New Construction YN No Operating Expense 29513.01 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Senior Community YN No Sewer City Sewer Tax Annual Amount 3471.5 Tax Year 2020 Tenant Pays Deposit Utilities Electricity AvailableCable Available Water Source City WaterTown Of Ep Zoning Rm

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Jeff Abel of Keller Williams Rlty Partners.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kimberly Austin Properties | Keller Williams Integrity Real Estate. Data last updated: 2021-10-20T14:41:26.76.
 
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Denver CO, 80209