Goodland's oldest building. This building has been almost fully renovated over the past few years. 9 apartment units available where 6 are leased, 1 is used for upstairs storage, 1 was used for a retail store, and 1 is mostly renovated. Other commercial space includes a leased space to a florist (Fork N Hay) and a large leased space to a tavern (The Rec Room). The windows have all been replaced, new plumbing throughout, all leased apartments have new mini splits (heat+AC) and appliances, roof replaced in 2018, new(er) flooring in most all areas, new water heater, etc. The building itself has a huge historical legacy, and even has a working elevator from 1895!
Current rent roll is about $5k/mo with upside potential if the retail store space is converted back to an apartment or leased commercially and the other two apartments are finished, so there's plenty of income being generated right away. An amazing investment opportunity, and I can recommend a property manager if you are not local!
170 days
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200
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1
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Listed by:
Property Owner(303) 941-7496
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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