Skip To Content

1117 Edison St

Brush, CO 80723
  • $1,400,000
  • STATUS: Active
  • ON SITE: 266 Days
  • MLS #: 957226
UPDATED: 41 min ago
$1,400,000
  • 8
    BEDS
  • 2.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,694
    SQFT
  • $298
    $/SQFT
Type:
Multi-Family
Built:
1939
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

LUCRATIVE INCOME PROPERTY 1 HR 30 MIN FROM DENVER AND 1 HR 45 MIN TO FT. COLLINS. Located in the fast-growing town of Brush featuring 12 lots with Tenant-Owned mobile homes, 5 RV lots, , and 9 Apartment Units with 11 bedrooms and 9 bathrooms. All apartments have been updated/renovated in the last 5 years. With low vacancy and minimal maintenance, this one is a must see. Great location within minutes from I-76 and walking distance to local restaurants, and many amenities (see images with a map of some local businesses). Projection of Expenses to decrease in upcoming year. CONSIDERATIONS: Vacancy Rate more specifically identified in documents. Potential Rental Income is accurate and based on income from 2021 with vacancies considered. Expenses listed under "Common Area Maintenance" are a combination of misc expenses. Itemized expenses to be provided following a Non-Disclosure Agreement.

Monthly Payment Calculator



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2022-10-02T17:41:27.97.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/124575639
Print Image

1117 Edison St Brush, CO 80723

  • Price: $1,400,000
  • Status: Active
  • On Site: 266 Days
  • Updated: 41 min ago
  • MLS #: 957226
8
Beds
0
Baths
0
½ Baths
2.15
Acres
4,694
SQFT
$298
$/SQFT
1939
Built
Neighborhood:
West Side Add, Br Lot: 01, Brush Trav-O-Tel
County:
Morgan
Area:
14 Morgan County (all)
Elementary School:
Brush
Middle School:
Brush
High School:
Brush
School District:
Brush RE 2J
Property Description
LUCRATIVE INCOME PROPERTY 1 HR 30 MIN FROM DENVER AND 1 HR 45 MIN TO FT. COLLINS. Located in the fast-growing town of Brush featuring 12 lots with Tenant-Owned mobile homes, 5 RV lots, , and 9 Apartment Units with 11 bedrooms and 9 bathrooms. All apartments have been updated/renovated in the last 5 years. With low vacancy and minimal maintenance, this one is a must see. Great location within minutes from I-76 and walking distance to local restaurants, and many amenities (see images with a map of some local businesses). Projection of Expenses to decrease in upcoming year. CONSIDERATIONS: Vacancy Rate more specifically identified in documents. Potential Rental Income is accurate and based on income from 2021 with vacancies considered. Expenses listed under "Common Area Maintenance" are a combination of misc expenses. Itemized expenses to be provided following a Non-Disclosure Agreement.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Lot Features Water Rights ExcludedMineral Rights Excluded Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances All Appliances Basement Partial Cooling Room Air Conditioner Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Est Sq Ft 400 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 600 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 662 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Est Sq Ft 416 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 6.67 Ditches Active YN No Electric ElectricXcel Energy Exclusions Personal PropertyTenant Owned TrailersRemaining Mineral Rights (None Noted To Be Conveyed) Gas Natural GasXcel Energy Gross Income 141000 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Brush Net Operating Income 93438.61 New Construction YN No Operating Expense 47561.39 Possible Use Multi-FamilyMobile Homes Property Condition Not NewPreviously Owned Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 2486.52 Tax Year 2020 Tenant Pays Deposit Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Brush Zoning Res

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Kaleigh Key of Berkshire Hathaway-Greeley: 9703510090.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2022-10-02T17:41:27.97.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_1259457-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_1259457-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_1259457-2.jpg
Logo
Sears Real Estate
2021 Clubhouse Dr. Suite 100
Greeley CO, 80634