Eldorado Springs, CO 80025,194 Artesian DR
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Eldorado Springs, CO 80025,194 Artesian DR
Eldorado Springs, CO 80025,194 Artesian DR
Eldorado Springs, CO 80025,194 Artesian DR
Eldorado Springs, CO 80025,194 Artesian DR

$2,563,000

Est. payment /mo

$2,600,000

1.4%
Est.Price: ?

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194 Artesian DR Eldorado Springs, CO 80025

0.38 Acres Lot

SOLD DATE : 10/22/2021

Key Details

Sold Price $2,563,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5174318

Sold Date 10/22/21

HOA Y/N No

Originating Board recolorado

Year Built 1925

Annual Tax Amount $18,907

Tax Year 2020

Lot Size 0.380 Acres

Acres 0.38

Property Description

Price adjustment on an extraordinary investment opportunity at the entrance of Eldorado Canyon State Park . This 12 unit multi-family property is situated above the iconic Eldorado Pool and steps away from world-class climbing in the State Park. The opportunities are endless with stone cabin bungalows and eclectic units tucked into the side of a hill. The property sits below a climbing backdrop, several of the units have million-dollar views, outdoor flagstone patios, and native vegetation. The water supply is from Eldorado Canyon's artesian spring. Amazing trails and wilderness just steps away into the park, minutes to downtown Pearl Street fine dining, and a quick commute to Denver. The property is fully leased with the opportunity to increase rents and financial performance. Unit breakdown is 5 studio units, 6 1-bedroom units, 1, 2-bedroom unit.

Location

State CO

County Boulder

Interior

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 12

Garage No

Building

Structure Type Other

Others

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RE/MAX Alliance on Walnut
Bought with Madison & Company Properties

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

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