801 Denver Avenue Bldg , Unit

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Virtual Tour Sold Fort Lupton, CO 80621 MLS# 5118698 Sold by Jennifer Lee on 04/28/2021
$307,500
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Multi-Family Property Type
0 Bedroom
0 Bathroom
0 Garage
1260.00 Sq Ft
0.16 Acres
1963 Year Built

Overview

One story multi-family with 3 one bedroom units in downtown Ft. Lupton. Each unit has covered front porch, off-street parking and secure onsite storage. All 3 units have recently been renovated. Includes new exterior aluminum siding, laminate flooring throughout each unit, new kitchen countertops and cabinets and updated bathrooms. The furnace in Units 2 and 3 have been replaced. This is a turnkey investment property with potential to be used for commercial business or continue as rentals. Easily rented and currently undervalued. RENTOMETER estimates rents at average of $1000+ p/month. Property is right in downtown Ft. Lupton and short walking distance to shopping and restaurants.

New Home Sales Hours

Courtesy Of Keller Williams Integrity Real Estate LLC
Source: REcolorado

View On 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 Insurance,Taxes,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    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 1,260
    • Living Area, Finished 1,260
    • Above grade, Finished 1,260
    • Basement, Finished 0
    • Basement, Unfinished 0
    • PSF Total $244.05
    • PSF Finished $244.05
    • PSF Above Grade $244.05
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Refrigerator
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenants personal property.
    • Flooring Laminate
    • Furnished
    • Interior Features Breakfast Nook,Ceiling Fan(s),Laminate Counters,No Stairs
    • Laundry Availability None
    • Security Features Smoke Detector(s)
    • Spa Features
    • Window Features

    Room Details

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

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 700.00
    • Average SqFt 420.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units 1
    • Description Unit #3
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 1
    • Bathrooms per Unit 1
    • Parking Per Unit 1
    • Unit Type 1 Bedroom
    • Total Units 2
    • Average Rent 500.00
    • Average SqFt 420.00
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators 1
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units 1
    • Description Units #1 and #2
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 1
    • Bathrooms per Unit 1
    • Parking Per Unit 1

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location Exterior Access
    • Faces South
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Triplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Frame,Metal Siding
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • Fencing Partial
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Covered,Front Porch
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Level,Near Public Transit
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.16
    • Lot Size Dimensions
    • Lot Size SqFt 6,890
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $1,921,875
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    • Type Barn/Storage
    • SqFt
    • SqFt Finished
    • Number of Stories
    • Year Built
    • Number of Stalls 3
    • Number of Doors 3
    • Door Dimensions
    • Length 10.00
    • Width 30.00
    • Floor Concrete
    • Features
    • Description Tenant Storage
    Road details
    • Access
    • Road Responsibility Public Maintained Road
    • Road Surface

    Parking/Garage

    Parking Space Summary

    • Parking Features Driveway-Dirt
    • Total Parking Spaces 3
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 3
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Natural Gas,Wall Furnace
    • 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 Electricity Connected,Natural Gas Connected
    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
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 5.37
    • Cap Rate Calculation Projected Cap Rate
    Actual expense details
    • Operating Expense $10827.00
    • Operating Expense Includes Accounting,Insurance,Maintenance,Real Estate Tax,Utilities
    Commission Information
    • Buyer Agency Compensation 2.50%
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified NA
    • Closing Comments
    Income details
    • Actual Annual Net Income $9,573
    • Gross Income $20,400
    • 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 $12,000
    • Projected Annual Net Income $21,573
    • Projected Gross Income $32,400
    • Projected Gross Operating Income $
    • Projected Gross Scheduled Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $1,611
    • Legal Description FTL 15597 L7-8 BLK15
    • Tax Exemptions
    • Tax ID R6130386
    • Tax Year 2018
    Other
    • Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone
    • Utilities Metering Common Water,Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Fort Lupton Town
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent From I-25 N take exit 235 for CO-52 toward Dacono/Ft Lupton. Turn right onto Turn left onto N Denver Ave/US 85 Business. Property will be on the left.
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning C-1 General Commercial
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $380,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession Closing/DOD,Negotiable,Subject To Tenant Rights
    • Special Listing Conditions None Known
    • Year Built 1963

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    School Zone

    District: Weld County S/D RE-8
    Schools: Butler Elementary School, Fort Lupton High School, Fort Lupton 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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