224 Seward ST Pending

Lyons,CO 80540

$ 1750000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 7962882

HOA Y/N No

Originating Board recolorado

Year Built 1925

Annual Tax Amount $8,322

Tax Year 2023

Lot Size 0.750 Acres

Acres 0.75

Property Description

STRONG CASHFLOW!! Well Maintained 14-unit multifamily community in desirable Lyons, Colorado, walking distance to downtown, restaurants, shopping, and the elementary school. It has 6 apartment units in a single building with a varying unit mix, as well as 8 mobile homes, 7 of which are park-owned and title will transfer to new owner at Closing, 1 mobile home is owned by the resident. Each of these mobile homes are two-bedrooms and one-bathroom units. All utilities are master metered for the six apartment units and billed back to residents. All of the park owned mobile homes pay all utilities. Trash is paid by the owner and billed back to tenants. The apartment building's roof was recently replaced and windows are double-paned. Two of the mobile home units are under seven years old. Additionally, there are 14 off-street parking spots and six storage units. Seward sits on 0.75 acres and is conveniently located in Boulder County, approximately 15 minutes west of Longmont, 25 minutes southeast of Estes Park, and 20 minutes north of Boulder. Lyons, Colorado has historically been a low vacancy rental market, vacant units in this community don’t last long. Contact listing agents for marketing package, rent roll, financials, and all questions.

Location

State CO

County Boulder

Interior

Fireplace N

Exterior

Total Parking Spaces 14

Garage No

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None

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