About 212 1st St
Excellent investment property with a high cap rate. Lender value certification at $500,000. Small commercial unit (hair salon) as well as three residential units. Main floor holds rented Beauty salon and residential unit; upper level has 2 residential units. Parking in front for commercial unit and parking lot in back for residential units. All units have month-to-month leases. For utilities, currently the landlord pays gas, trash, water, and periodic yard clean up; tenants pay own electric (separately metered), except unit #3, which is billed back to the tenant minus $85/month. Main floor residential unit has its own furnace; other units have electrical baseboard heat. Tenant occupied, so please allow 48-hour notice for showings. Pre-approval or POF required prior to showings.
Features of 212 1st St
| MLS® # | 1047520 |
|---|---|
| Price | $349,000 |
| Square Footage | 2,500 |
| Acres | 0.07 |
| Year Built | 1954 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Closed |
| Sold Price | $320,000 |
Community Information
| Address | 212 1st St |
|---|---|
| Area | Ault |
| Subdivision | Curtis Sub |
| City | Ault |
| County | Weld |
| State | CO |
| Zip Code | 80610 |
Amenities
| Utilities | Natural Gas Available, Electricity Available |
|---|---|
| View | City |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Range, Refrigerator, All Appliances |
|---|---|
| Heating | Forced Air |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| Stories | Two |
Exterior
| Lot Description | Paved, Curbs, Gutters, Sidewalks, Alley |
|---|---|
| Roof | Composition |
| Construction | Frame, Brick |
School Information
| District | Ault-Highland RE-9 |
|---|---|
| Elementary | Highland |
| Middle | Highland |
| High | Highland |
Additional Information
| Days on Market | 123 |
|---|---|
| Zoning | Ault Comm |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Justin Gesso |
|---|---|
| Buyer Agent | Jazlyn Walter |
| Office | Pro Realty Inc |