2729 Colorado Boulevard

Idaho Springs, CO 80452

$1,400,000
Price
10
Beds
6,762 Sq. Ft.
$207 / Sq. Ft.
6,762
Sq. Ft.
$207
per Sq. Ft.

Property Details for 2729 Colorado Boulevard

StatusActive
MLS #2721574
Year Built1986
Days on Compass80
Compass TypeOther
MLS TypeResidential Income / Commercial / Multi-Story
Lot Size0.45 AC / 19,602 SF
Taxes$4,541 / year
Condo/Co-op Fees-
HOA Fees-
CountyClear Creek County

Listing Agent

Laura Combrink

Keller Williams Advantage Realty LLC

LAURACOMBRINK@gmail.COM

P: 303.986.4300

M: 303.986.4300

Contact Agent(s)

Property Details for 2729 Colorado Boulevard

Neighborhood
Idaho Springs
Total Garage Spaces
2
Parking Count
3
Parking Features
220 Volts, Driveway-Asphalt, Dry Walled, Oversized Deep
Zoning
Commercial
Structural Style
Multi-Story
Exterior Features
Balcony, Deck, Gutters, Lighting, Maintenance Free Exterior
View
Mountain View, Valley

Description

This property is like no other. Live and work in this profitable 5 suite, meticulously maintained property. All systems are completely set up and ready to go. Online booking has jet-propelled the profit margin of this well-established hotel. Owner has been meticulous with updates and improvements. Even the on-site laundromat generates income. An updated three bedroom 2000 square foot apartment with an attached garage make this property suitable for an onsite owner or live in manager for the investor.... Guests enjoy the charm of the quaint mining town of Idaho Springs. Activities abound with skiing, hiking, rafting, shopping dining and scenic touring throughout the Front Range Rockies.

Location

Listing Courtesy of Keller Williams Advantage Realty LLC, Laura Combrink

Building Information for 2729 Colorado Boulevard

Stories-Residences6Year Built1986Lot Size0.45 AC / 19,602 SF

Payment Calculator

$5,414 per month

30 year fixed, 3.51% Interest

Principal and Interest

$5,036

Property Taxes

$378

HOA Dues

$0

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Property Information for 2729 Colorado Boulevard

Summary
    Location and General Information
  • Status: Active
  • Directions: I-70 West to First Idaho Springs Exit. Take the roundabout to Colorado Blvd. Travel West to 2729 Colorado Blvd. on the left.
  • Site Type: Live/Work (Mixed Use), Mountain Property
  • Style Characteristics: Low Rise (1-3)
    Parking
  • Total Offstreet Spaces: 15
  • Parking Total Searchable: 17
    Taxes and HOA Information
  • Tax Legal Description: Subdivision: IDAHO SPRINGS S SIDE COLO BLVD 143FT TR FAIVRE PL
  • Tax Year: 2018
Property
    Lot Information
  • Lot Size Acres: .45
  • Parcel Number: 1835-36-4-00-211
  • Site Features: Near Public Transit, Recreation
  • Road Surface: Paved Road
    Property and Assessments
  • Distance Type: Miles
  • Exclusions: Seller's personal property in the apartment.
  • Features: Commercial Improvements
  • Is Incorporated: Yes
  • Survey: Boundaries Surveyed
  • County Or Parish: Clear Creek
  • Status Conditions: None Known
  • Sqft Total: 6762.0
    Utilities
  • Electrical Service: 220V
  • Green Has Energy Green Features: No
  • Owner Paid Utilities: Electricity, Gas, Insurance, Internet, Property Tax, Television, Trash, Water
  • Tenant Paid Utilities: None
  • Utilities: Cable TV, Internet Access (Wired), Telephone
Interior and Exterior Features
    Exterior Features
  • Construction Materials: Wood Siding
  • Construction Methods: Frame
  • Roof: Composition Shingles
  • Building Area Source: Appraiser Measured
    Interior Features
  • Baths Total: 8
  • Flooring: Carpet, Tile Floor, Vinyl/Linoleum
  • Interior Features: Cable Available, Double Pane Windows, Internet Access (Wired), Private Bathrooms, Remodeled, Smoke Free, Updated, Window Coverings, Work Shop (Interior)
  • Above Grade Sq Ft: 6762
  • Finished Sq Ft: 6202
Multi Family
    Multi-Family Information
  • Advertising Permits Expense: $11,294
  • Annual Expense Actual: $99,917
  • Annual Income Actual: $242,779
  • Annual Income Proj: $220,596
  • Annual Net Income Actual: $142,862
  • Business Type: Mixed Use, Motel/Hotel, Personal Service
  • Cable TV Expense: $14,614
  • Capitalization Rate: 10.00%
  • Capitalization Rate Calculation: 118551*10%
  • Electric Expense: $1,620
  • Gross Operating Income: $202,651
  • Heat Expense: 32401.0
  • Income Includes: Laundry, Parking
  • Insurance Expense: $12,772
  • Maintenance Expense: $3,630
  • Other Income Annual: $24,000
  • Other Services Expense: $32,185
  • Personal Property Annual Expense: $4,541
  • Real Estate Taxes: $150
  • Utility Billingto Tenants: Direct Billing from Utility
  • Utility Metering: Common Electric, Common Gas, Common Water, Separate Electric, Separate Gas, Separate Water
  • Vacancy Credit Losses: $24,266
  • Water Annual Expense: $14,239
Rental Information
    Rental Information
  • Potential Rental Income Annual: $220,596

Property History for 2729 Colorado Boulevard

DateEvent & SourcePriceAppreciation
Oct 30, 2003Sold (Public Records)

Public Record #123174750

$542,680
DateEvent & SourcePrice
10/30/2003
Sold (Public Records)

Public Record #123174750

$542,680

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2729 Colorado Boulevard

Taxable ValueLand$8,810Additions$59,230Total$68,040
Tax Record2018$4,541
Home Facts
Finished Sq.Ft.10,836 SqFtStories2Lot Size19,602 SqFtStyleSingle Family ResidenceYear Built1986CountyCLEAR CREEKAPN183536400211

Schools near 2729 Colorado Boulevard

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Carlson Elementary SchoolPublicPK-61.0 mi
2
Clear Creek Middle SchoolPublic7-81.2 mi
3
Clear Creek High SchoolPublic9-125.4 mi
6
King-Murphy Elementary SchoolPublicPK-67.9 mi
NR

Carlson Elementary School

PK-6, 1.0 mi, Public

2

Clear Creek Middle School

7-8, 1.2 mi, Public

3

Clear Creek High School

9-12, 5.4 mi, Public

6

King-Murphy Elementary School

PK-6, 7.9 mi, Public

NR

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.

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2729 Colorado Boulevard is for sale in Idaho Springs, CO 80452. This property was listed for sale on August 28, 2019 by Keller Williams Advantage Realty LLC at $1,400,000. It has been on the market for a total of 84 days and was last sold on October 30, 2003. Nearby schools include Clear Creek Middle School, King-Murphy Elementary School and Georgetown Community School. 2729 Colorado Boulevard is a 10-bed, 0-bath, 6,762 sqft built in 1986.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Advantage Realty LLC, Laura Combrink
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