$1,500,000
$1,645,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
6 Baths
4,601 SqFt
SOLD DATE : 07/03/2024
Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 4,601 sqft
Price per Sqft $326
Subdivision Midland
MLS Listing ID 179474
Sold Date 07/03/24
Bedrooms 7
Full Baths 6
HOA Y/N Yes
Originating Board Aspen Glenwood MLS
Year Built 1973
Annual Tax Amount $4,950
Tax Year 2022
Lot Size 2.010 Acres
Acres 2.01
Property Description
Investors and employers, take note of this exceptional income property or employee housing option in bustling Glenwood Springs. This well-maintained multi-family apartment building is situated on two acres and features six separate rental units with a proven track record of high occupancy rates and reliable rental income.
Covered parking is available for all tenants, and each unit boasts views of the surrounding landscape. In 2019, a new boiler was installed, ensuring efficient heating for all units. Plus, a brand-new roof was added in 2015, providing peace of mind for years to come.
Laundry facilities are available for units 1-5, while unit 6 has its own convenient stackable washer/dryer.
Location
State CO
County Garfield
Community Midland
Area Glenwood Springs
Zoning Residential Urban
Direction From Glenwood Springs go over the 27th St Bridge and make a left on Midland Ave. The driveway is on the right about .5 mile down.
Interior
Heating Baseboard
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Common
Utilities Available Cable Available, Natural Gas Available
Roof Type Composition,Membrane
Building
Foundation Slab
Water Public
Architectural Style Two Story
New Construction No
Others
Tax ID 218521400008
Acceptable Financing New Loan, Cash
Listing Terms New Loan, Cash
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600 East Hopkins Ave Suite 304, Aspen, Colorado, 81611, United States