$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 Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IRE979241
Sold Date 09/19/23
HOA Y/N No
Year Built 1984
Annual Tax Amount $1,300
Tax Year 2021
Lot Size 0.740 Acres
Acres 0.74
Source ires
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
Area Washington
Zoning COMM MULTI
Rooms
Basement None
Interior
Heating Baseboard
Cooling Window Unit(s), Ceiling Fan(s)
Exterior
Utilities Available Separate Meter Electricity
View Y/N No
Roof Type Composition
Improvements No
Garage No
Building
Lot Description Corner Lot
Water City
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Akron
Middle Schools Akron
High Schools Akron R-1
School District Akron R-1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Private Owner
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