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1008 South St , 1008-1040

Louisville, CO 80027
  • $3,250,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 977473
UPDATED: 82 min ago
$3,250,000
  • 12
    BEDS
  • 0.69
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 5,401
    SQFT
  • $602
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Opportunities abound! This is an ENTIRE BLOCK of houses in Louisville's best location being sold as a package! Entire row of homes just west of Miners Field fronting to the pedestrian path that walks to Main St with Boulder County's most vibrant Old Town! 5 adjoining lots each with one single family home, currently on month-to-month leases with long time tenants, largely under rented. Alley access with plenty of parking and storage. Hold and rent or fix and flip, or redevelop. Zoning is MR/ Multifamily Residential, city of Louisville will consider 10 units, 2 affordable. Each home has 2 year old roof. Do not disturb tenants.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-12-05T10:41:48.743.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/134098489
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1008 South St , 1008-1040 Louisville, CO 80027

  • Price: $3,250,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 82 min ago
  • MLS #: 977473
12
Beds
6
Baths
0
½ Baths
0.69
Acres
5,401
SQFT
$602
$/SQFT
1908
Built
Neighborhood:
Louisville East
County:
Boulder
Area:
02 Louisville City Limits
Elementary School:
Louisville
Middle School:
Louisville
High School:
Monarch
School District:
Boulder Valley Dist Re2
Property Description
Opportunities abound! This is an ENTIRE BLOCK of houses in Louisville's best location being sold as a package! Entire row of homes just west of Miners Field fronting to the pedestrian path that walks to Main St with Boulder County's most vibrant Old Town! 5 adjoining lots each with one single family home, currently on month-to-month leases with long time tenants, largely under rented. Alley access with plenty of parking and storage. Hold and rent or fix and flip, or redevelop. Zoning is MR/ Multifamily Residential, city of Louisville will consider 10 units, 2 affordable. Each home has 2 year old roof. Do not disturb tenants.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Wood/FrameBrick/Brick Veneer Covered Spaces 5 Garage Type Detached Garage YN Yes Horse YN No Levels Two Lot Features CurbsFire Hydrant Within 500 FeetLevel Parking Features Alley Access Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Above Grade Finished Area 5401 Basement None Baths Rough In 0 Below Grade Finished Area 0 Building Area Total 5401 Has Family Room No Heating Forced Air Heating YN Yes Kitchen Length 8 Kitchen Level Main Kitchen Width 10 Living Area 5401 Living Area Source Assessor Main Floor Sq Ft 5401 Master Bedroom Length 8 Master Bedroom Level Main Master Bedroom Width 8 Unit1 Bedrooms 2 Unit1 Est Sq Ft 956 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 1471 Unit2 Total Baths 1 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1038 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 648 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 4.09 Ditches Active YN No Electric Electric Exclusions Tenants Personal Possessions Gas Natural Gas Gross Income 150000 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Louisville Net Operating Income 133079 New Construction YN No Operating Expense 16921 Possible Use Single FamilyMulti-FamilyDevelopmentAdditional Units Property Condition Not NewPreviously Owned Property Sub Type Income Property Special Listing Conditions Private Owner Tax Annual Amount 11896 Tax Year 2021 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Lafayette Zoning Rm

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Katie Atkins of Re/Max Of Boulder, Inc: 3034497000.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-12-05T10:41:48.743.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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