1/67

Listing Courtesy of: K C Butler - Legacy 100 Real Estate Partners Llc 303-232-4444

$3,250,000

Calculate Payment

27988 Knowles Road Evergreen, CO 80439

Multi-Family Residence

Beds

Baths

8,194 Sq. Ft.

1.7 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 9/21/2024 4:29 PM

Listing Details

Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtown Evergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serial Flipper can have a ball with these. SO much charm and Loca...tion, Location, Location! One block to Downtown Evergreen. Walk to the lake and lakehouse for concerts, paddleboarding, ice skating, and New Year's fireworks. Restaurants, bars, and galleries galore. Trees, rock outcroppings, wildlife. All that and walk to breakfast at the Wildflower or live music at the Little Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separate properties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish to liquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to building Single Family townhomes or possibly condos. Many possibilities. If you drive by PLEASE do not disturb the tenants. The maximum ROI is achieved when curb appeal is approved. Then, fix-n-flip, fix-n-hold, and/or VRBO will be lucrative. Continue reading

MLS#

9973350

Property Type

Multi-Family

Status

Year Built

1919

Square Feet

8,194 sq. ft

Lot Size

1.7

Sewer