773 County Rd 117

Glenwood Springs, CO 81601

7 Beds | 6 Baths | 4,601 SF
#179474

SOLD

$1,500,000

SOLD

Investors and employers, take note of this exceptional income property or employee housing option in bustling Glenwood Springs. This well-maintained multi-family apartment building is situated on two acres and features six separate rental units with a proven track record of high occupancy rates and reliable rental income.

Covered parking is available for all tenants, and each unit boasts views of the surrounding landscape. In 2019, a new boiler was installed, ensuring efficient heating for all units. Plus, a brand-new roof was added in 2015, providing peace of mind for years to come.

Laundry facilities are available for units 1-5, while unit 6 has its own convenient stackable washer/dryer.

Location Info

Current Price
$1,645,000

Major Arena
Glenwood

Original List Price
$1,895,000

Type
Residential Income

Area
09-Glenwood Proper

Furnished
No

Keyword Info

Bedrooms
7

Baths – Full
6

Baths – Half
0

Acreage
1 – 3

Pre-Fabricated Home
No

Total Baths
6

Baths – 3/4
0

Lot Size
Refer to Acreage

Garage
None

Listing Details

Listing Info

Short Sale: No

Auction: No

Member Association: Aspen Association

ADU: No

REO: No

Foreclosure: No

County: Garfield

General Info

Sub/Loc: Midland

Legal: Section: 21 Township: 6 Range: 89 A TR IN THE NESE LYING SWRLY OF CO

Zoning: Residential Urban

Nbr of Acres: 2.01

Los SqFt: 87,555

Lv Ht SqFt: 4,601

LvHtSqFt (Abv Grnd): 4,601

LvHtSqFt (Blw Grnd): 0

Unfinished SqFt: 0

Total SqFt: 4,601

Price/LvH SqFt: 357.53

Levels: 2

Main Floor Master: No

Short Termable: Yes

Year Built: 1973

Year Remodeled: 2019

Unit Faces: East

Directions: From Glenwood Springs go over the 27th St Bridge and make a left on Midland Ave. The driveway is on the right about .5 mile down.

Status Change Info

Sold Price: $0

Sold Price Per/SF: 0

Fireplace

# Fireplaces: 1

Financing Info

Metro Tax District: No

Taxes: 4,950

Tax Year: 2022

Transfer Tax: No

HOA Dues Y/N: No

Total HOA Fee Per Year: 0

HOA Transfer Fee: No

Special Assessments: No

More Information

Laundry Facility
Common Area

Style
Two Story

Construction
Brick

Exterior
Brick Veneer

Substructure
Slab

Roof
Composition Shingles, Membrane

Condition
Average

Heating
Baseboard

Gas
Natural Gas

Water
City

Cooling
None

Carport
2 Car

Parking Arena
Common

Possessions
DOD, Subject to Lease

Extras
Cable TV

Terms Offered
Cash, New Loan, Seller Finance

Disclosures
Seller Lic RE Agent

Mineral Rights
Yes

Water Rights
No

Documents on File
Financials, Survey/ILC

HOA Fees Included
Cable TV, Grounds Maintenance, Internet

Work With Matt Ross

Local Expertise. Global Connections

Matt Ross is dedicated to providing you with the most professional Real Estate service in Aspen.

Matt Ross Realty

(970) 948-2337
matt.ross@sir.com
415 E. Hyman Ave. Aspen, CO

© 2019 Matt Ross. All rights reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Matt Ross fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby’s International Realty Affiliates LLC nor any of its affiliated companies.