$815,000
$925,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
0.74 Acres Lot
SOLD DATE : 09/19/2023
Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IR979241
Sold Date 09/19/23
HOA Y/N No
Originating Board recolorado
Year Built 1984
Tax Year 2021
Lot Size 0.740 Acres
Acres 0.74
Property Description
333 Custer Ave is a garden-style apartment community currently with an on-site, live-in manager. Each building is split up into two common area entrances, providing access to four units. The Fairview Apartments total 16 units, including both one-bedroom, and two-bedroom with a ADA accessible unit. This property is a high-yield investment opportunity that has in-place cash flow and minor renovations to each unit have been made. The potential of this investment can be further maximized through continued value-add initiatives, including exterior improvements and landscaping. Some highlights of this property include a heated manager's office, coin-operated laundry room, storage room and a garden shed.
Location
State CO
County Washington
Zoning COMM MULTI
Rooms
Basement None
Interior
Heating Baseboard
Cooling Air Conditioning-Individual, Ceiling Fan(s)
Fireplace N
Exterior
Roof Type Composition
Building
Lot Description Corner Lot
Water Public
Structure Type Wood Siding
Schools
Elementary Schools Akron
Middle Schools Akron
High Schools Akron
School District Akron R-1
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with West and Main Homes Inc