• Asking Price $3,250,000
  • Estimated Value: $581,986
  • 27988 KNOWLES RD EVERGREEN, CO 80439

  • 5 Beds 2 Baths 8,194 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 27988 KNOWLES RD, EVERGREEN, CO 80439

Features

  • Price/sqft: $396
  • Lot Size: 1.7 acres
  • Total Units: 1
  • Stories: 100
  • Heating: 4
  • Construction Type: Frame

Facts

  • Year Built: 01/01/1919
  • Property ID: 898250782
  • MLS Number: 9973350
  • Parcel Number: 51-101-04-016
  • Property Type: Single Family Home
  • County: Jefferson
  • Legal Description: SECTION 10 TOWNSHIP 05 RANGE 71 QTR NE SUBDIVISIONCD 699000 SUBDIVISIONNAME SPENCE ADD BLOCK LOT 0309 SIZE: 12109 TRACT 00A VALUE: .278
  • Zoning: MR1

Description

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

This listing is NOT a foreclosure. 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.

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