415 14th Street

Burlington, CO 80807

$500,000
Price
7
Beds
6
Baths
6,521 Sq. Ft.
$77 / Sq. Ft.
6,521
Sq. Ft.
$77
per Sq. Ft.

Description

Mixed use opportunity in downtown Burlington featuring 6 apartment units and 2 commercial spaces with a current 9.2% cap rate! Great value buy with this area of Burlington in process of qualifying to be in a historic district by the State of CO, which means future work on the building could qualify for over 35%+ tax credits. Perfect for to live in upstairs and have your business on main level, or as fully leased this building generates over $75,000 per year in gross income. Currently all leased with...Mixed use opportunity in downtown Burlington featuring 6 apartment units and 2 commercial spaces with a current 9.2% cap rate! Great value buy with this area of Burlington in process of qualifying to be in a historic district by the State of CO, which means future work on the building could qualify for over 35%+ tax credits. Perfect for to live in upstairs and have your business on main level, or as fully leased this building generates over $75,000 per year in gross income. Currently all leased with one of the apartments currently in make ready stage for next tenant. Close to $100,000 has been spent on this building over the last 12 months including but not limited to installation of an energy efficient mini split HVAC system serving the two commercial spaces and main floor apartment, two energy efficient state of the art commercial hot water heater systems serving the entire building, updated electrical, updated plumbing, cosmetic improvements on many apartments, 13 brand new windows in upper level, and more! Please reach out to listing agent to schedule viewing - please do not bother tenants.
  1. Listed by Chris Eisenhard • Eisenhard Realty Group • chris.eisenhard@gmail.com,303-349-5035

Property Details for 415 14th Street

Structure Type
Quadruplex
Architectural Style
Traditional
Levels
Two
Stories
2
Subdivision Name
Downtown Burlington
Association
No
Multiple Associations
No
Basement
No

Location

Listing Courtesy of Eisenhard Realty Group, Chris Eisenhard
Add your commute
LISTING UPDATED: 05/13/2024 06:54 PM

Property Details for 415 14th Street

StatusActive
MLS #8262016
Days on Compass18
Taxes$2,237 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size-
CountyKit Carson County

Location

Listing Courtesy of Eisenhard Realty Group, Chris Eisenhard
Add your commute

Building Information for 415 14th Street

Stories-Residences-Year Built1904Building Size-Lot Size-

Payment Calculator

$2,915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$186

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 415 14th Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 6521
  • Sqft Total: 6521
  • Living Area (SqFt Finished): 6521
  • Above Grade Finished Area: 6521
  • Living SqFt: 6521
  • Area Source: Public Records
  • PSF Total: 77
  • PSF Above Grade: 77
  • PSF Finished: 77
  • Master on Main: No
  • Basement: Cellar
  • Heating: Electric
  • Cooling: Air Conditioning-Room, Other
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Self Cleaning Oven, Washer
  • Laundry Features: Common Area
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 7
Bathrooms
  • Bathrooms Total: 6
Parking
Parking
  • Attached Garage: No
  • Parking Details: 2 Spaces/Unit
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 4
  • Parking Count: 4
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Burlington
  • Elementary School District: Burlington RE-6J
  • Middle Or Junior School: Burlington
  • Middle Or Junior School District: Burlington RE-6J
  • High School: Burlington
  • High School District: Burlington RE-6J
Site & Location Information
  • Property Exclusions: tenants personal property
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick
  • Roof: Other
  • Common Walls: End Unit
  • Livable Structure Count: 0
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer
  • Electric: Master Meter-Electric

Property History for 415 14th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 415 14th Street

Taxable ValueLand$4,534Additions$19,586Total$24,120
Tax Record2023$2,237 ($186 / month)
Home Facts
Total Finished SqFt258 SqFtAbove Grade Finished SqFt258 SqFtLot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1904Year Renovated1985CountyKIT CARSONAPN34022007

Schools near 415 14th Street

This home is within Burlington Re-6j School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Burlington Elementary School
PublicPK to 4

Burlington Middle School
Public5 to 8

Burlington High School
Public9 to 12

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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415 14th Street is a multi-family home for sale in Burlington, CO 80807. This property was listed for sale on May 13, 2024 by Eisenhard Realty Group, it's currently listed at $500,000. It has been on the market for a total of 18 days and was last sold on March 31, 2023. This listing's school district is Burlington Re-6j School District. Nearby schools include Burlington Elementary School, Burlington Middle School and Burlington High School. 415 14th Street is a 7-bed, 6-bath, 6,521 sqft multi-family home built in 1904.

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 Eisenhard Realty Group, Chris Eisenhard

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.