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    101 4th St

    Frederick, CO 80530
    • $765,000
    • STATUS: Closed
    • ON SITE: 49 days
    • MLS #: 935599
    Sold - 05/05/2021
    $765,000
    SOLD - 05/05/2021
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,312
      SQFT
    • $231
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Information

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

    Description

    Rare apartments in Frederick. Identical building next door for sale at the same price. One block from downtown - easy to rent. 4th apartment rent could be increased. Professional property management fees not included in the income/expense numbers. Current manager is available to continue. Plenty of off street parking in back as well as on street parking in front. Across from nice City Park. Looking for a place to park some 1031 money? Buy one or both! GRM would drop to around 12 if 4th unit was brought up to the same rate as the others.

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    © 2021 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 Bliss Realty Group. Data last updated: 2021-05-07T13:39:08.153.
    www.blissrealtygroup.com/homes/115232997
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    101 4th St Frederick, CO 80530

    • Price: $725,000
    • Status: Closed
    • Updated: 67 min ago
    • MLS #: 935599
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,312
    SQFT
    $231
    $/SQFT
    1980
    Built
    Neighborhood:
    Frederick Town
    County:
    Weld
    Area:
    10 Weld County (all)
    Elementary School:
    Thunder Valley
    Middle School:
    Coal Ridge
    High School:
    Frederick
    School District:
    ST Vrain Dist RE 1J
    Property Description
    Rare apartments in Frederick. Identical building next door for sale at the same price. One block from downtown - easy to rent. 4th apartment rent could be increased. Professional property management fees not included in the income/expense numbers. Current manager is available to continue. Plenty of off street parking in back as well as on street parking in front. Across from nice City Park. Looking for a place to park some 1031 money? Buy one or both! GRM would drop to around 12 if 4th unit was brought up to the same rate as the others.
    Exterior Features

    Construction Wood/FrameBrick/Brick Veneer Lot Improvements Street PavedCurbsGuttersSidewalks Parking Per Unit 1 Space/Unit Property Styles 1 Story/Ranch Property Views Back Range/Snow Capped Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Heating Forced Air Inclusions Electric Range/OvenDishwasherRefrigeratorDisposalSmoke Alarm(S) Unit1 Bedrooms 2 Unit2 Bedrooms 2

    Property Features

    Capitalization Rate 6.22 Energy Star Certified No Gross Operating Income 55242.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Frederick Nahb Certified No Net Operating Income 45101.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Taxes 4149.00 Tenant Pays DepositGasElectric Total Operating Expense 10141.0000 Utilities Natural GasElectric Zoning Mre

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Tom Fowler of Coldwell Banker Realty-Boulder.



    © 2021 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 Bliss Realty Group. Data last updated: 2021-05-07T13:39:08.153.
     
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