Amazing investment opportunity or chance to run a business with income already coming in! This property has 2 units with one being 3 bed, 1 bath residential, and a 3 car detached garage that is rented for $1,600 a month through Nov 2022. The other unit is a 1,800 square foot commercial unit that is currently available and has been a market, church, and more. Huge lot with direct frontage to Highway 85 and the building is set up to have a large logo or sign painted on it. There is also a large unfinished basement accessible to the commercial side in addition to the 1,800 sqft. The assessor lists the basement as 1,152 square feet but it is much larger. The property has been remodeled with a new roof, HVAC, paint, flooring, and more. This property is huge with a huge lot and has tons of potential!
Sold for $425,000 on 11/08/22
$425,000
305 Main St, Gilcrest, CO 80623
3beds
2baths
3,880sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$110/sqft
$1,417 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2024 at 02:52pm
Listed by:
Justin Gesso 970-451-5606
Bought with:
Dustin Peyser
Coldwell Banker Realty- Fort Collins
Source: IRES,MLS#: 965014

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Space Heater
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,880
- Total interior livable area: 3,880 sqft
Property
Accessibility
- Accessibility features: Level Lot, Level Drive
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,800 sqft
- Features: Mineral Rights Excluded, Corner Lot, Level
Details
- Parcel number: R4442086
- Zoning: Comm/RES
- Special conditions: Licensed Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: Electric, Xcel
- Gas: Natural Gas, ATMOS
- Water: City Water, Town of Gilcrest
- Utilities for property: Natural Gas Available, Electricity Available
Community & neighborhood
Location
- Region: Gilcrest
- Subdivision: Gilcrest Town
HOA & financial
Other financial information
- Total actual rent: 3200
Other
Other facts
- Listing terms: Cash,Conventional