4 West Park Avenue

Empire, CO 80438

Incomes Property  $525,000  Expired

10-01-2017 12:10am

REDUCED PRICE $525,000. Zoned RESIDENTIAL-COMMERCIAL DISTRICT (R-C) : 10 Cap!!! 2 Apartments Now, turn Restaurant into 2 more apartments or rent out (2) Retail Space instead one restaurant space. Building and Business Opportunity Included: All Inventory in Restaurant and Kitchen Included.(except dishwasher). Keep Restaurant or not. (2) dining/retail stores or could be (2) Apartments, 2 separate entrances ($2,500). Presently One Residence has 3 beds/2 Baths with wonderful deck ($2,500). 2 bedroom apartment rental $800 and (2) Storage Space for $90 each Basement has space to add (1 or 2) 700 sq ft Apartments. Skiing/Denver Metro all under 35 minutes away. Small town with Big city services.,city water, city sewer, Police Department, Fire House, High Speed Internet. Two city parks, one includes a dog park and event center. Empire offers you the best of two worlds: small town environment and the conveniences of a larger city. PROFORMA CAN MOVE TO 12 CAP...MUST SEE

MLS#
3847614
MLS Originator
REcolorado (Denver)
Off Market Date
09-30-2017 12:00am
Original Price
$575,000

Property
Income
Property Subtype
Income
Status
Expired
Last Update
10-01-2017 12:10am
Bedrooms
4
Bathrooms
4
SqFt
6500
Year Built
1900
Der PSF Total
80.77

SqFt Lot
9600.00
SqFt Finished
3800
SqFt Basement
3250
SqFt Above
3250

Previous Year Tax
$3,647
Terms and Conditions
Cash, Conventional, Other, Owner Will Carry
Owner Paid Utilities
Electricity,Gas,Water
Transaction Type
For Sale

Flooring
Carpet, Wood Floors
Cooling
None
Heating
Forced Air
Heating Fuel
Gas, Wood

Baths Full
0
Laundry Availability
Washer/Dryer Included

Features
Deck
Base Type
Walk-Out
Base Finished
Yes
Base Size
Full
Basement Finished %
60
Parking Spaces
2
Vehicle Spaces
17
Type
# of Space
L x W
Description
Off-Street
10
-
Reserved
7
-
Lot View
Mountain View

Structure
Ranch/1 Story
Roof
Rolled Roofing
Construction
Wood Siding
Architectural Style
Other
Exterior Features
Deck
Features
Restaurant,Storage Lockers
Construction Method
Frame
Builder Source
Builder

School District
Clear Creek RE-1
Elementary School
Carlson
Middle School
Clear Creek
High School
Clear Creek

Annual Actual Expenses
0
Annual Projected Expenses
19920
Annual Actual Income
0
Annual Projected Income
71760
Annual Actual Net Income
0
Annual Projected Net Income
51840
Unit Furnished
0

PPA
2386363.64
Lot Width
0.00

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