$2,563,000
$2,600,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
0.38 Acres Lot
SOLD DATE : 10/22/2021
Key Details
Sold Price $2,563,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Moffat Lakes
MLS Listing ID 938617
Sold Date 10/22/21
Style Cabin
Bedrooms 3
HOA Y/N false
Year Built 1925
Annual Tax Amount $18,907
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Income Property
Source IRES MLS
Property Description
Price adjustment on an extraordinary investment opportunity at the entrance of Eldorado Canyon State Park . This 12 unit multi-family property is situated above the iconic Eldorado Pool and steps away from world-class climbing in the State Park. The opportunities are endless with stone cabin bungalows and eclectic units tucked into the side of a hill. The property sits below a climbing backdrop, several of the units have million-dollar views, outdoor flagstone patios, and native vegetation. The water supply is from Eldorado Canyon's artesian spring. Amazing trails and wilderness just steps away into the park, minutes to downtown Pearl Street fine dining, and a quick commute to Denver. The property is fully leased with the opportunity to increase rents and financial performance. Unit breakdown is 5 studio units, 6 1-bedroom units, 1, 2-bedroom unit.
Location
State CO
County Boulder
Area Suburban Mountains
Zoning ER
Direction From Hwy 93, West on Eldorado Springs Drive, Take small bridge after Eldorado Pool and Property is located on Artesian.
Rooms
Basement None
Interior
Heating Radiator
Appliance Electric Range/Oven, Refrigerator, All Appliances
Exterior
Utilities Available Electricity Available, Propane
View Mountain(s)
Roof Type Composition
Street Surface Gravel
Porch Patio
Building
Lot Description Sloped, Rock Outcropping
Story 5
Water District Water, Eldorado Artesian
Level or Stories 5 or More
Structure Type Moss Rock
New Construction false
Schools
Elementary Schools Mesa
Middle Schools Southern Hills
High Schools Fairview
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0039489
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with CO-OP Non-IRES
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