301 4th St. - Multi-Family FOR SALE


Frederick, CO 80530
$619,000 USD
559-355-0606
301 4th St., Frederick, CO for Sale
$619,000 USD
Multi-Family - FOR SALE
1/30
null | Request Cap Rate

301 4th St.
Frederick, CO 80530


HIGHLIGHTS

  • ADU
  • Income Generating
  • Airbnb

OVERVIEW

This beautifully renovated downtown Colorado craftsman boasts options and flexibility with healthy income potential. The property features a total of four bedrooms and three full bathrooms, including three bedrooms and two full bathrooms in the main house, plus an additional bedroom and full bathroom in the newly built rear cottage ADU (500+ sq. ft.). This home has a proven track record as a solid, reliable source of rental income (also, it's right on the edge of, and within the business district). As a rental, you can pay most of the mortgage while still living here yourself (in a separate house with privacy between buildings). There's washer/dryer hookups and full kitchens in both buildings... You've got options! Furthermore, the location is as good as it gets! You're a block or two away from parks and restaurants (example: Georgia Boys). You're half a block from the Post Office, and within walking distance of a preschool, K-8, daycare, high school, grocery store(s), and the community center. The main house is full of cozy, yet grand features: high ceilings, barn wood accents, butcher's block counters, thoughtfully designed storage... Outside, the landscaping was designed to support a water-wise garden scape; the space has been stocked with mulch and a wide variety of drought-tolerant species: veggies, flowers, fruits, herbs, ground cover... In terms of commuting, you have straightforward access to primary roads/highways, making travel to Denver, Boulder, Longmont, and surrounding areas quick and simple. The seller is offering the property fully furnished, making for a true turnkey opportunity for investors and buyers alike to acquire a property offering both a seamless transition and a vibrant new lifestyle.

FOR SALE DETAILS

PRICE

$619,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

2

PRICE/UNIT

$309,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

301 4th St.

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R5542286

ASK ABOUT THIS PROPERTY

Troy KellenbergerOpen Real EstateMore Info
559-355-0606

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Troy KellenbergerOpen Real EstateMore Info
559-355-0606

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.