27988 Knowles Road Evergreen, CO $ 3,250,000
27988 Knowles Road
$ 3,250,000
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27988 Knowles Road

Evergreen, CO, 80439
$ 3,250,000
Baths0.0 Sq 8,194

Monthly Estimate*

$ 21,601

Listed by Legacy 100 Real Estate Partners LLC
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Studio

Commercial Property for sale in Evergreen, CO

for $3,250,000. This 8,194 square foot building was built in 1919 on a lot size of 1.7.

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 Location, 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.

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Commercial Active

Price

$ 3,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,956

Style

Free Standing

Lot Size

1.7

Year Built

1919

Town/City

Evergreen

County/Region

Jefferson

MLS | Web ID

9973350

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Available
Possession Closing/DOD
Roof Composition
Zoning MR-1
Garage Spaces 0
Security Features Carbon Monoxide Detector(s)
Construction Materials Frame Wood Siding
Exclusions Tenants' personal property.
Year Built 1919
Electric 110V
Tenant Pays Electricity Gas Internet Telephone Trash Collection Water
Property SubType Multi-Family
Tax Year 2021
Current Use Multi-Family Residential
County Jefferson
Property Type Commercial Sale
Attached Garage N
Status Active
Directions HWY 74 into downtown Evergreen turn up Douglas Park Rd between the Little Bear and Saigon landing then turn right on Knowles Rd which is the 1st street on your right.
City Evergreen
Buyer Agent Compensation 3.0
NumberOfUnitsTotal 8
Lot Size Units Acres
Lot Size Square Feet 74052
Carport Spaces 0
Street Name Knowles
Listing Terms Cash Conventional
Tax Annual Amount 1956
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 2.6
Buyer Agent Compensation Type %
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Exterior
Parking Features Concrete Driveway-Gravel
Lot Features Cul-De-Sac
Water Source Public
Total Parking 16
Lot Size Area 1.7
Building Area Total 8194
Lot Size Acres 1.7
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Road
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Internal Only
Street Number 1 27988
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* Excluded Features
List By
Legacy 100 Real Estate Partners Llc

Broker

(303) 591-4663

Phone

Affordability Calculator

$21,764
Per Month
99%
1%
0%
Monthly Principal & Interest
$21,601
Monthly Property Taxes
$163
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2022$3,250,000 Listed Price

Map


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27988 Knowles Road, Evergreen, CO, 80439 is a Commercial Property for sale at $3,250,000 with 8,194 sqft and a lot size of 1.7. 27988 Knowles Road is a studio with 0.0 baths and was built in 1919. The property's zip code is 80439 which is in Evergreen, CO