1117 Edison St, Brush, CO 80723
- $1,400,000
- 4,694
- SqFt
- List Price
- $1,400,000
- Status
- ACTIVE
- MLS#
- 957226
- Price Change
- ▼ $100,000 1652581144
- Year Built
- 1939
- Living Area
- 4,694
- Lot Size
- 93,654
- Subdivision
- WEST SIDE ADD, BR LOT:
Property Description
LUCRATIVE INCOME PROPERTY 1 HR 30 MIN FROM DENVER AND 1 HR 45 MIN TO FT. COLLINS. Located in the fast-growing town of Brush featuring 12 lots with Tenant-Owned mobile homes, 5 RV lots, , and 9 Apartment Units with 11 bedrooms and 9 bathrooms. All apartments have been updated/renovated in the last 5 years. With low vacancy and minimal maintenance, this one is a must see. Great location within minutes from I-76 and walking distance to local restaurants, and many amenities (see images with a map of some local businesses). Projection of Expenses to decrease in upcoming year. CONSIDERATIONS: Vacancy Rate more specifically identified in documents. Potential Rental Income is accurate and based on income from 2021 with vacancies considered. Expenses listed under "Common Area Maintenance" are a combination of misc expenses. Itemized expenses to be provided following a Non-Disclosure Agreement.
/u.realgeeks.media/plainsrealtyllc/plains-realty-300-shadow.png)
Additional Information
- Taxes
- $2,486
- New Financing
- Cash, Conventional
- Capitalization Rate
- 6.67
- Construction
- Wood/Frame
- Style
- 1 Story/Ranch
- Property Styles
- 1 Story/Ranch
- School District
- Brush RE 2J
- Elementary School
- Brush
- Middle School
- Brush
- High School
- Brush
- Approximate Acreage
- 2.15
- Heating
- Forced Air
- Cooling
- Room Air Conditioner
- Utilities
- Natural Gas, Electric
- Basement Foundation
- Partial Basement
- Unit Ones Numberof Bedrooms
- 1
- Gross Operating Income
- 141000.0000
- Net Operating Income
- $93,438
- Total Operating Expense
- 47561.3900
- Tenant Pays
- Deposit
- Total Numberof Units
- 25
- Unit Sixs Numberof Bedrooms
- 1
- Zoning
- Res
- Locale
- Brush
- Inclusions
- All Appliances, Smoke Alarm(s)
- Ownership
- Private Owner
- Possible Usage
- Multi Family, Mobile Homes
- Mineral Water Rights
- Water Rights Excluded, Mineral Rights Excluded
Mortgage Calculator
Listing Courtesy of : Berkshire Hathaway-Greeley, 9703510090
The data relating to real estate for sale on this web site comes in part from Information and Real Estate Services, LLC under IRES Rules © Copyright IRES, and is provided for limited non-commercial use. Information is provided exclusively for consumers' personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.Information deemed reliable but not guaranteed by the MLS
Listing data last updated: