240 Hancock Street Bldg , Unit

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Sold Grand Lake, CO 80447 MLS# 2232536 Sold by Donna Ready on 03/18/2022
$1,900,000
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Multi-Family Property Type
7 Bedroom
8 Bathroom
0 Garage
5376.00 Sq Ft
0.17 Acres
2003 Year Built

Overview

We need to let you know up front that Seller has given first right of refusal through 2/21/22 to a party who became interested before Christmas. We can show you the property. Back-up contracts can be submitted and we will notify you on 2/22/22 whether the property is available. Ideally located building with eight year round rentals for nightly/weekly or monthly income! Or, house your extended family and friends for resort fun all year long! 5200 square foot Building. Seven individual one bedroom suites, many with an electric fireplace in the open living/ dining/ kitchen and private bath. Also one "studio" unit and a commercial laundry room all on R143231 Lot 3, Block 1, Town of Grand Lake have an excellent nightly rental history dating back to the early 2000's. #240 Hancock Street. In addition, you get Lot 4 which is for parking and Lot 5 with three older cabins dating back to the 1920's. These have been lived in year round; heat and water are on, right now! #300 Hancock Street. $1,950,000 for all! Contact us for a detailed presentation.

New Home Sales Hours

Courtesy Of MOUNTAIN LAKE PROPERTIES
Source: REcolorado

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    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed Cats OK,Dogs OK

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 5,376
    • Living Area, Finished 5,376
    • Above grade, Finished 5,376
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $353.42
    • PSF Finished $353.42
    • PSF Above Grade $353.42
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Ask us for a list.
    • Flooring
    • Furnished Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 8
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 7
    More Room Details

    Unit Information

    Summary

    • Number of Units 8
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Two
    • Stories
    • Structure Type Low Rise (1-3)
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Frame
    • Foundation Details
    • Roof Architectural Shingles
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.17
    • Lot Size Dimensions
    • Lot Size SqFt 7,405.20
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $11,176,470.59
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces 6
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 6
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Electric
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Connected,Natural Gas Available,Phone Available
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed Cats OK,Dogs OK
    • Rentals Allowed Long Term,Short Term Lease
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.50%
      • Transaction Broker Compensation 2.50%
      • Compensation Offered
      • Dual Variable Compensation No
      • Commission Modified NA
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $12,560
      • Legal Description Sunnyside Addition to Grand Lake: Lot 3, Block 1
      • Tax Exemptions
      • Tax ID R143231
      • Tax Year 2021
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name Rapids Suites
      • Development Name
      • Park Name
      • Senior Community No
      • Subdivision Sunnyside addition to Grand Lake
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use
      • Incorporated? No
      • Zoning Multi Family High Density
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $1,650,000
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership Corporation/Trust
      • Possession Closing/DOD
      • Special Listing Conditions None Known
      • Year Built 2003

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      School Zone

      District: East Grand 2
      Schools: Granby Elementary School, Middle Park High School, East Grand Middle School

      Area Map

      Walk Score

      Bike Score

      Bike Score

      0 description
      Transit Score

      Transit Score

      0 description summary
      Walk Score

      Walk Score

      0 description
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