$1,300,000
Granby, CO 80446
MLS# 22-1352
Status: Closed
10 beds | 7 baths | 7087 sqft

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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
Current Price: $1,300,000
Transaction Type: Income Commercial
Property Subtype: Multi Family
Status: Closed
Begin Date: 2022-10-16
Sold Date: 2022-12-19
Sold Price: $1,300,000
Under Contract Date: 2022-10-17
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
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
General Property Description
Realtor.COM Type: Commercial
Total SqFt: 7087
Finished SqFt: 6464
Year Built: 1969
Year Built Remarks: Effective 1975
Lot Size: 21344.4 sq ft
Acres: 0.49
Total Bedrooms: 10
Total Bathrooms: 7
Garage Type: Detached
Garage Stalls: 2
Miscellaneous
Minimum Earnest $: 20000
Sales Transfer Tax: No
Sewer Source
Community: n/a
Public: Tap Paid
Schools
Elementary School: Granby
High School: Middle Park
Jr High School: East Grand
Property Features
Lease Type: Net
Water Source: Public; Public
Construction: Frame; Mobile Home
Terms: 1031 Exchange; Cash; Conventional
Possible Usage: Business; Residential
Listing Office: Gingery and Associates
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.
Zoning
Basement Layout