Evergreen, CO 80439 27988 Knowles Road

27988 Knowles Road Evergreen, CO - Image 127988 Knowles Road Evergreen, CO - Image 227988 Knowles Road Evergreen, CO - Image 3
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Presented By: Legacy 100 Real Estate Partners LLC; [email protected],303-591-4663
  • MLS# 9973350
  • 10/28/2022
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 8,194

Home Details

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.
Presented By: Legacy 100 Real Estate Partners LLC; [email protected],303-591-4663

Interior Features for 27988 Knowles Road

Other Interior Features

Street SuffixRoad

General for 27988 Knowles Road

Attached Garage No
Buyer Agent Compensation3.0
Buyer Agent Compensation Type%
Cap Rate2.6
Carport Spaces
CityEvergreen
Construction MaterialsFrame, Wood Siding
CountyJefferson
Current UseMulti-Family, Residential
DirectionsHWY 74 into downtown Evergreen, turn up Douglas Park Rd between the Little Bear and Saigon landing, then turn right on Knowles Rd which is the 1st street on your right.
Electric110V
ExclusionsTenants' personal property.
Garage Spaces
Listing TermsCash, Conventional
Lot Size Square Feet74052
Lot Size UnitsAcres
NumberOfUnitsTotal8
NumberOfUnitsVacant0
Occupancy TypeTenant (Multiple)
OwnerPaysTaxes, Water
PossessionClosing/DOD
Property SubTypeMulti-Family
Property TypeCommercial Sale
RoofComposition
Security FeaturesCarbon Monoxide Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeFree Standing
Tax Annual Amount1956
Tax Year2021
Tenant PaysElectricity, Gas, Internet, Telephone, Trash Collection, Water
UtilitiesElectricity Connected, Natural Gas Connected, Phone Available
Year Built1919
ZoningMR-1

Exterior for 27988 Knowles Road

Building Area Total8194
Lot FeaturesCul-De-Sac
Lot Size Acres1.7
Lot Size Area1.7
Parking FeaturesConcrete, Driveway-Gravel
Road Frontage TypePublic
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
Total Parking16
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $3,250,000
MLS#9973350
List Date 10/28/2022
Property Type Commercial
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