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Victor 80860
119 N Fourth Street
$607,755*
Multifamily - Off Market

119 N Fourth Street

Victor, CO 80860
bedrooms
Studio
bathrooms
0 Bath
$383,000 - $467,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

One of a kind property--Victorian Brick exterior structure gutted in 1991 and rebuilt with updated electrical, plumbing, etc.  Each unit was completed as a stand-along unit with the long-term intention of creating a Condominium HOA for common maintenance and selling each unit individually.  Property is considered a 6-plex but is on 3 lots and the City of Victor could be petitioned to separate each building onto it's own lot for 3 duplex properties--new buyer would need to pay for sewer/water taps for 2 "extra" buildings. Fabulous features such as old advertisements on the Victorian brick walls, architectural elements from famous hotels in the area, etc., along with classy and timeless updates that make this 6-plex unique for the area and could easily pass for downtown Colorado Springs or River North in Denver.  Supplemental Documents include hand-written notes on property history, etc.  Pictures don't do this property justice...must see!  Low maintenance, 100% occupancy, longevity of occupancy, and applicants in waiting.  Owner absent much of the time and valued longevity over income; Rents can easily be upwardly adjusted. Seller willing to finance for 30% down for up to 5 years.  Historically 100% occupancy AND more growth in progress in Cripple Creek Casinos and steady employment with local mining presence.  Property pricing reflects some minor maintenance/repairs anticipated.
Unit Size
-
Days on Market
-
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,402
HOA Dues
-
Year Built
1899

Price History

Date / Event Date Event Price
Mar 10, 2020 No longer available -
No longer available
Oct 31, 2019 Listed $425,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$340,000 Aug 27, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191031
10/31/2019
Studio
-
-
$425,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

119 North 4th Street 119 North 4th Street, Victor, CO 80860
More about this Building
119 North 4th Street
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About Victor


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