227-231 5th Avenue

Lyons, CO 80540

$775,000
Last Sold Price
6
Beds
4
Baths
3,240 Sq. Ft.
$239 / Sq. Ft.
3,240
Sq. Ft.
$239
per Sq. Ft.

Description

Fantastic opportunity in popular Lyons! Investment or owner occupy the large upper unit w/ income from additional units. Income listed is current rents. Long time tenants now on month-to-month leases. Rents well below market, which leaves huge upside for new owner. Owner currently pays most utilities, which can also be passed along for higher return. Roof approx 4 yrs old, sewer line redone approx 5 yrs ago. Flood of 2013 did NOT touch any part of this structure. Property extends up the east hill...Fantastic opportunity in popular Lyons! Investment or owner occupy the large upper unit w/ income from additional units. Income listed is current rents. Long time tenants now on month-to-month leases. Rents well below market, which leaves huge upside for new owner. Owner currently pays most utilities, which can also be passed along for higher return. Roof approx 4 yrs old, sewer line redone approx 5 yrs ago. Flood of 2013 did NOT touch any part of this structure. Property extends up the east hill to the alley. 48 hours needed to tour inside of units. Please do not disturb tenants. Contact Diane directly with any questions.
  1. Listed by Diane Clark • CSI Properties • 7203088761

Amenities

  • Forced Air

Location

Listing Courtesy of CSI Properties, Diane Clark

Sold By CSI Properties, Diane Clark

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LISTING UPDATED: 11/02/2022 07:57 AM

Property Details for 227-231 5th Avenue

StatusSold
MLS #972911
Days on Compass85
Taxes$4,548 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.32 AC / 14,007 SF
CountyBoulder County

Location

Listing Courtesy of CSI Properties, Diane Clark

Sold By CSI Properties, Diane Clark

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Building Information for 227-231 5th Avenue

Stories-Residences3Year Built1965Building Size-Lot Size0.32 AC / 14,007 SF

Payment Calculator

$4,608 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$379

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227-231 5th Avenue

Summary
Location and General Information
  • Longitude and Latitude: -105.27207, 40.22127
  • Latitude: 40.22
  • Longitude: -105.27
  • Elementary School District: ST Vrain Dist RE 1J
  • Middle Or Junior School District: ST Vrain Dist RE 1J
Parking
  • Total Parking: 10.00
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2021
  • Tax Annual Amount: $4,548
  • Parcel Number: R0050068
Property
Lot Information
  • Lot Size Area: 14,007.00
  • Lot Size Units: Square Feet
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Appraiser
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Are Ditches Active: No
  • New Construction YN: No
  • Levels: One
  • Home Warranty YN: No
Utilities
  • Utilities 1: No
  • Electric: Electric, Xcel Energy
  • Gas: Natural Gas, Xcel Energy
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Interior Features
  • ViewYN: No
  • Spa YN: No
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 1
  • Unit 1's Number of Baths: 1.00
  • Number of 1 bedroom units: 1
  • Number of units in Unit 1: 1
  • Unit 1's Estimated Square Feet: 750
  • Unit 2's Number of Bedrooms: 2
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 1
  • Number of units in Unit 2: 1
  • Unit 2's Estimated Square Feet: 870
  • Unit 3's Number of Bedrooms: 3
  • Unit 3's Number of Baths: 2.00
  • Number of 3 bedroom units: 1
  • Unit 3's Estimated Square Feet: 1620
  • Number of units in Unit 3: 1
Rental
Rental Information
  • Rent Unit 1: $1,150.00
  • Rent Unit 2: $1,100.00
  • Rent Unit 3: $1,850.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $4,100.00
  • Horse YN: No

Schools near 227-231 5th Avenue

This home is within St Vrain Valley Re 1j School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - K to 12
Charter - PK to 8
Rating
School
Distance
Lyons Elementary School
PublicPK to 5

Lyons Middle/Senior High School
Public6 to 12

Twin Peaks Charter Academy
CharterK to 12

Flagstaff Charter Academy
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CSI Properties, Diane Clark

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.