Residential Income for Sale: 415 14th, Burlington, CO 80807

7 beds
6 baths
6,521 sqft
mls #8262016
$500,000
$500,000
415 14th, Burlington, CO 80807
7 beds
6 baths
6,521 sqft
mls #8262016
$500,000
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Price:
$500,000

Type Residential Income
Beds 7
Total Baths 6 baths
Square Feet 6,521 sqft
Garage Spaces 4
Year Built 1904

City Burlington
County Kit Carson
School District Burlington RE-6J
Subdivision Downtown Burlington

MLS 8262016
Status Active
DOM 60 days
Mixed use opportunity in downtown Burlington featuring 6 apartment units and 2 commercial spaces with a current 9.2% cap rate! Great value buy with this area of Burlington in process of qualifying to be in a historic district by the State of CO, which means future work on the building could qualify for over 35%+ tax credits. Perfect for to live in upstairs and have your business on main level, or as fully leased this building generates over $75,000 per year in gross income. Currently all leased with one of the apartments currently in make ready stage for next tenant. Close to $100,000 has been spent on this building over the last 12 months including but not limited to installation of an energy efficient mini split HVAC system serving the two commercial spaces and main floor apartment, two energy efficient state of the art commercial hot water heater systems serving the entire building, updated electrical, updated plumbing, cosmetic improvements on many apartments, 13 brand new windows in upper level, and more! Please reach out to listing agent to schedule viewing - please do not bother tenants.

Lot & Building Features

Appliances Self Cleaning Oven, Dishwasher, Washer, Dryer, Microwave, Disposal
Cooling Room Air Conditioner
Sewer City Sewer, Public Sewer
Tax Year 2023

Community and Schools

Elementary School Burlington
Junior High School Burlington
Senior High School Burlington

Unit Features

Unit 1 - DS Bedrooms 1
Unit 1 - DS Rent 800
Unit 2 - DS Bedrooms 2
Unit 2 - DS Rent 800

Price History of 415 14th, Burlington, CO

Date Name Price Difference
05/13/2024 Listing Price $500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 415 14th, Burlington, CO

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Listed by MB/Eric Feenstra, Chris Eisenhard 303-379-3080
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415 14th (MLS #8262016) is a residential income listing located in Burlington, CO. This residential income listing is 6,521 sqft with 7 bedrooms and 6 baths. This property was listed on 05/13/2024 and has been priced for sale at $500,000.

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: MB/Eric Feenstra

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES 2024