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.
Off market
$354,422
27988 Knowles Rd, Evergreen, CO 80439
4beds
0baths
8,194sqft
MultiFamily
Built in 1919
-- sqft lot
$-- Zestimate®
$43/sqft
$2,498 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air
Cooling
- None
Appliances
- Laundry: Other
Features
- Flooring: Tile, Carpet
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 8,194 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Detached
Lot
- Size: 1.70 Acres
Details
- Parcel number: 5110104016
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
Condition
- Year built: 1919
Community & neighborhood
Location
- Region: Evergreen
Other
Other facts
- Laundry: Other
- School District: Jeffco