415 14th Street Burlington, CO $ 500,000
415 14th Street
$ 500,000
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415 14th Street

Burlington, CO, 80807
$ 500,000
Bedrooms7 Baths6.0 Sq 6,521

Monthly Estimate*

$ 3,323

Listed by Eisenhard Realty Group
415 14th Street, Burlington, CO 80807 - Image 1
415 14th Street, Burlington, CO 80807 - Image 2
415 14th Street, Burlington, CO 80807 - Image 3
415 14th Street, Burlington, CO 80807 - Image 4
415 14th Street, Burlington, CO 80807 - Image 5
415 14th Street, Burlington, CO 80807 - Image 6
415 14th Street, Burlington, CO 80807 - Image 7
415 14th Street, Burlington, CO 80807 - Image 8
415 14th Street, Burlington, CO 80807 - Image 9

Multi-Family Home for sale in Burlington, CO

for $500,000 with 7 bedrooms and 6 full baths. This 6,521 square foot home was built in 1904.

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.

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Multi-Family Active

Price

$ 500,000

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 2,237

Style

Traditional

Year Built

1904

Town/City

Burlington

County/Region

Kit Carson

MLS | Web ID

8262016

Features
General
Sewer Public Sewer
Heating Electric
Cooling Air Conditioning-Room Other
Possession Other
Roof Other
Appliances Dishwasher Disposal Dryer Microwave Oven Range Self Cleaning Oven Washer
Garage Spaces 0
Architectural Style Traditional
Construction Materials Brick
Exclusions tenants personal property
Year Built 1904
Tenant Pays Gas
Levels Two
Property SubType Quadplex
Tax Year 2023
Percent Ownership Corporation/Trust
Gross Income 75480
County Kit Carson
Operating Expense 29581
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Downtown Burlington
Status Active
High School Burlington
City Burlington
Buyer Agent Compensation 2.5
Senior Community Y/N N
High School District Burlington RE-6J
Carport Spaces 0
Street Name 14th
Listing Terms 1031 Exchange Cash Conventional
Elementary School Burlington
Tax Annual Amount 2237
Middle/Junior High School Burlington
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Burlington RE-6J
Elementary School District Burlington RE-6J
Cap Rate 9.2
Buyer Agent Compensation Type %
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Interior
Basement Cellar
Flooring Carpet Laminate Tile Vinyl
Common Walls End Unit
Basement (Y/N) N
Above Grade Finished Area 6521
Street Suffix Street
Laundry Features Common Area
Total Bedrooms 7
Total Baths 6
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Exterior
Total Parking 4
Building Area Total 6521
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Internal Only
Street Number 1 415
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* Excluded Features
List By
Eisenhard Realty Group

Broker

(303) 349-5035

Phone

Affordability Calculator

$3,510
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,323
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043797 Elementary School
3043776 Middle School
Burlington High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$500,000 Listed Price

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415 14th Street, Burlington, CO, 80807 is a Multi-Family Home for sale at $500,000 with 6,521 sqft. 415 14th Street has 7 bedrooms, 6.0 baths, and was built in 1904. The property's zip code is 80807 which is in Burlington, CO