About 27988 Knowles Road
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.
Features of 27988 Knowles Road
MLS® # | 9973350 |
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Price | $3,250,000 |
Bathrooms | 0.00 |
Square Footage | 8,194 |
Acres | 1.70 |
Year Built | 1919 |
Type | Commercial Sale |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 27988 Knowles Road |
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City | Evergreen |
County | Jefferson |
State | CO |
Zip Code | 80439 |
Amenities
Utilities | Electricity Connected, Natural Gas Connected, Phone Available |
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Parking Spaces | 16 |
Parking | Concrete, Driveway-Gravel |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Cul-De-Sac |
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Roof | Composition |
Additional Information
Date Listed | October 28th, 2022 |
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Zoning | MR-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Legacy 100 Real Estate Partners LLC |
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