Jimmy Kleager - Coldwell Banker Distinctive Properties
305 W South 1st Street
Johnstown, CO 80534

Description

BACK ON THE MARKET! Due to a property line over a driveway/easement! Previous buyer's loss is your gain! Both Properties have been inspected with all items fixed, appraised, and ready to go. TWO Income Properties together that are Turn Key! 2 Rentals and 1 Garage/Storage Shed. Main Property consists of 6 offices w/ 3 entrances, ADA updates, Kitchen, Reception,Patio,Finished Basement,Siding, Paint, New Furnace and a Warranty!. Fantastic for owner-user, 2nd House is 1 bed/1 bath. Great Cash Flow! Property line cuts off back parking pad that runs through a public easement driveway. It has been finished and used by the ownership for over 20 years. So it's a non-issue that should require no further action. Cap should be able to increase dramatically due to low rents at this point and leases renewing in March. There is also a large Garage/Storage Shed on the property that should be used as added rental income.Call listing agent for Details

Details

MLS#1952850
StyleRetail
Sub-TypeResale
StatusUnder Contract
Year1910
Days On Site137

Features

SQ Feet1,919
Story(s)1
Units2
ZoningComm/Resi

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Area Information

StateCO
CountyWeld
CityJohnstown
Zip Code80534
AreaWeld
Listing VS Median (in 80534)
Price:
$395,000
low | high
Med:
$418,900
43.949367088608% of Average
SqFt:
1,919
low | high
Med:
3,233
18.473163105784% of Average
$ / SqFt:
$206
low | high
Med:
$130
87.051913220859% of Average
On Site:
137
low | high
Med:
42
100% of Average
Listing Updated: 12/13/2018
MLS Number: 1952850
Listing Provided By:
Stephen Jensen  of  NORTHERN COLORADO REAL ESTATE
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