27988 Knowles Road, Evergreen, CO 80439

$3,250,000

Courtesy of RE/MAX 100 INC. .

List Price
$3,250,000
Type
Multifamily
Status
ACTIVE
MLS Number
9973350
Total Sqft
8194
Year Built
1919

Property Description

Once in a lifetime opportunity to purchase six contiguous properties, totaling 8 dwelling units on one street in downtown Evergreen, Colorado. Five single-family homes, a duplex, and a great little 1 bedroom cabin. So much upside! The serial Flipper can have a ball with these. SO much charm and Location, Location, Location! One block to Downtown Evergreen. Walk to the lake and lakehouse for concerts, paddleboarding, ice skating, and New Year's fireworks. Restaurants, bars, and galleries galore. Trees, rock outcroppings, wildlife. All that and walk to breakfast at the Wildflower or live music at the Little Bear. This is an ideal path to cash for someone needing to complete a large 1031 transaction. With six separate properties, one could collect rents as-is and upgrade and sell them one per year or however fast or slow you wish to liquidate. These homes are in the absolute hottest demographic in the foothills. AND the zoning is conducive to building Single Family townhomes or possibly condos. Many possibilities. If you drive by PLEASE do not disturb the tenants. The maximum ROI is achieved when curb appeal is approved. Then, fix-n-flip, fix-n-hold, and/or VRBO will be lucrative.

Additional Information

Parking Features
Concrete, Driveway, Gravel
Style
Detached
Zoned
MR-1
Lot Size
74,052
Acres
1.70
Contstruction
Frame, Wood Siding
Taxes
$1,956
Tax Year
2021

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions