815 Pitkin Avenue, #Apts 1-5

Glenwood Springs, CO 81601 / Townsite of Glenwood Springs

MLS ID# 167762 Pending
Residential Income

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$1,500,000

8 beds

5 baths

2900 sqft

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• Description
• Location Info
• Keywords Info
• Listing Info
• General Info
• Home Performance Programs
• Financing Info
• Details

Description

Calling all Investors! CONFLUENCE REDEVELOPMENT AREA! RARE OPPORTUNITY to own an Income Producing, Multi-Family, Commercial Victorian property across the street from the Courthouse, City Hall, Police Station, and GWS Elementary School. LOCATION, LOCATION, LOCATION! Three 2-bdr apartments, two 1-bdr apts. Two of the apartments are tastefully furnished and are permitted for SHORT-TERM RENTALS. Cash flowing as-is, or can add-on with zero setback requirements for this commercial lot (subject to City approval). Three on-site parking spaces, coin-laundry room. Turn-key investment property with POTENTIAL! Don't miss this opportunity to own an INCOME PRODUCER in Glenwood Springs! *Subject to 1031 Exchange *Seller is Licensed CO RE Broker Calling all Investors! CONFLUENCE REDEVELOPMENT AREA! RARE OPPORTUNITY to own an Income Producing, Multi-Family, Commercial Victorian property across the street from the Courthouse, City Hall, Police Station, and GWS Elementary School. LOCATION, L... show more

Location Info

• Type Residential Income
• Right of First Refusal No
• Sub-Type N/A
• Major Area Glenwood
• Area 09-Glenwood Proper
• Orig List Price Per/SF 517.24
• Street # 815
• Street Name Pitkin
• Street Suffix Avenue
• Address 2/Unit # Apts 1-5
• City/Town Glenwood Springs
• State/Province CO
• Postal Code 81601
• Furnished Partial

Keywords Info

• Bedrooms 8
• Total Baths 5
• Baths - Full 1
• Baths - 3/4 4
• Baths - Half 0
• Lot Size 3,001 - 6,000
• Acreage Refer to Lot Size
• Garage None
• Pre-Fabricated Home No

Listing Info

• Short Sale No
• REO No
• Auction No
• Foreclosure No
• Member Association Glenwood Association
• County Garfield
• Deeds General Warranty
• ADU No

General Info

• SubLoc Townsite of Glenwood Springs
• Legal Section: 9 Township: 6 Range: 89 Subdivision: ORIGINAL TWNSTE. GLENWOOD Block: 40 Lot: 7 AND:- Lot: 8 S 21.5' OF LOT 7 4
• Zoning Commercial
• Nbr of Acres 0.11
• Lot SqFt 4650
• Lv Ht SqFt 2900
• LvHtSqFt (Abv Grnd) 2900
• Unfinished SqFt 0
• Total SqFt 2900
• Price/LvH SqFt 517.24
• Pt/Dk SqFt 350
• Levels 2
• Main Floor Master Yes
• Short Termable Yes
• Year Built 1888
• Year Remodeled 2013
• Unit Faces East
• Directions Downtown at corner of 8th and Pitkin, next to Garfield County Parking Lots, across from Courthouse, City Hall, Sheriff's Dept, Courthouse, etc.

Home Performance Programs

• Energy Star Rated No
• Indoor Air Plus No

Financing Info

• Metro Tax District No
• Taxes 3184.08
• Tax Year 2019
• Transfer Tax No
• HOA Dues Y/N No
• Total HOA Fee Per Year 0
• HOA Transfer Fee No

Details

• Laundry Facility

  Common

• Style

  Two Story , Victorian

• Construction

  Frame

• Exterior

  Wood Siding

• Substructure

  Crawl Space

• Roof

  Composition Shingles , Metal

• Condition

  Good

• Heating

  Baseboard , Electric , Gas , Hot Water

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City

• Cooling

  None

• Sanitation

  Sewer

• Carport

  None

• Parking Area

  Assigned

• Possession

  DOD

• Extras

  Cable TV , Patio/Deck , Storage Shed

• Terms Offered

  Cash , New Loan

• Disclosures

  1031 Exchange , Historical , Seller Lic RE Agent

• Mineral Rights

  No

• Water Rights

  No

• Location Amenities

  Corner Lot , Exposure, Southern , Gentle Topo , Trees , Views

• Sign

  Yes

• Inclusions

  Ceiling Fan , Dryer , Microwave , Oven , Range , Refrigerator , Stove Top , Washer , Window Coverings

• Exclusions

  See Remarks