207 & 217 8TH Street, Granby, CO 80446 (MLS# 22-1352)

$1,300,000
207 & 217 8TH Street
Granby, CO 80446
MLS# 22-1352
Status: Closed
10 beds  |  7 baths  |  7087 sqft
Exterior
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Exterior 20221010_154508 Garage with Apartment View from upper duplex Large fenced yard Metal Roof Side View Back of units 20221010_154703 Upper Duplex Living Room Upper Duplex kitchen PXL_20201227_202013858 Upper Duplex Bedroom 1 Upper Duplex Closet Bed 1 Upper Dulpex Bed 2 Exterior photo showing 5 units Basement Layout Basement Kitchen Basement kitchen Basement Living Room Basement Bedroom 1 Basement bedroom 2 Basement Bath Garage Apartment Layout Garage Apt Kitchen Garage Apt Bath Garage Apt Bath Garage Apt Woodstove Garage Apt Dining area next to stairwell Garage Apt from living, looking into bedroom Garage Apt Bedroom Lower Duplex Layout Lower Duplex Kitchen to Door Lower Duplex Kitchen and living Lower Duplex Living Room Lower Duplex Bathroom Lower Duplex Bedroom 1 BD1 - 2 BD2 - 2 Main House Kitchen Main House Dining Main House Living Main House Living Main house Sunroom3rd Bedroom Main house Sunroom3rd Bedroom Main House Bedroom 2 Main House Bedroom in 1st Bedroom Main House Bedroom 1 Main House Bedroom 1 Main House Bathroom 2

Property Description
7% Cap Rate. 6 units. Zoned Business & Residential in Granby. Main house is 2 bedroom, 2 bathroom with a large kitchen and living room and a 3rd room that could be another bedroom. There is a common entry and laundry room shared with the basement unit. The basement unit is a 2 bedroom, 1 bathroom unit. The 2 duplexes are both have 2 bedrooms and 1 bathroom. The garage has two bays and is fully insulated, with a room that would make a great office or laundry room. The apartment above the garage is a one bedroom/1 bathroom with loads of storage. And lastly, there is a 2bed/1 bath trailer. Large lot with fenced yard, metal roofs on all. Lots of growth potential. 4 out of 6 units have been remodeled. 1 unit partially updated. Tons of parking. Please see documents for more info.

Details
Maps
Documents
Contract Information
Property Subtype: Multi Family
Transaction Type: Income Commercial
Lease Amount: 107100
Lease Term: Month To Month
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 200.34
Sold Price Per SqFt: 201.1138
Current Price: $1,300,000
Status: Closed
Begin Date: 2022-10-16
Sold Date: 2022-12-19
Sold Price: $1,300,000
Under Contract Date: 2022-10-17
Location, Legal and Taxes
Parcel Number: 132932316009
Association Y/N: No
Taxes: 1539.88
Tax Schedule #: R089420
Legal: Subd: GUSTAFSON TRACTS Lot: F Block: 1
FIRPTA (Foreign Investment in Real Property Act): No
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 7087
Finished SqFt: 6464
Year Built Remarks: Effective 1975
Lot Size: 21344.4 sq ft
Acres: 0.49
Garage Type: Detached
Garage Stalls: 2
Year Built: 1969
Total Bedrooms: 10
Total Bathrooms: 7
Lease Type
Net: 1
Miscellaneous
Minimum Earnest $: 20000
Possession: Tod
Sales Transfer Tax: No
Water Source
Public: 1
Tap Fee Paid: 1
Sewer Source
Community: n/a
Public: Tap Paid
Construction
Frame: 1
Mobile Home: 1
Schools
Elementary School: Granby
High School: Middle Park
Jr High School: East Grand
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Possible Usage
Business: 1
Residential: 1
Location Legal and Taxes
Area: Granby Area
House Number: 207 & 217
Street Name: 8TH
Street Suffix: Street
County: Grand
State/Province: CO
Postal Code: 80446
Tax Year: 2021
Subdivision: GRANBY
Property Features
Lease Type: Net
Water Source: Public; Public; Tap Fee Paid
Construction: Frame; Mobile Home
Terms: 1031 Exchange; Cash; Conventional
Possible Usage: Business; Residential
IDX
Listing Office: Gingery and Associates

Last Updated: August - 31 - 2024

Information deemed reliable but not guaranteed.

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