NOT LISTED FOR SALE

101 4th St Frederick, CO 80530

4 Beds
1 Bath
3,312 Sq Ft
7,668 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $765,000 $231 Per Sq Ft

4 Days on Market

Highlights

  • Mountain View
  • Brick Veneer
  • 1-Story Property
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Crist Park

About This Home

As of May 2021

Rare apartments in Frederick. Identical building next door for sale at the same price. One block from downtown - easy to rent. 4th apartment rent could be increased. Professional property management fees not included in the income/expense numbers. Current manager is available to continue. Plenty of off street parking in back as well as on street parking in front. Across from nice City Park. Looking for a place to park some 1031 money? Buy one or both! GRM would drop to around 12 if 4th unit was brought up to the same rate as the others.

Last Agent to Sell the Property

Tom Fowler

Coldwell Banker Realty-Boulder Listed on: 03/18/2021

Coldwell Banker Realty-Boulder

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1980

Lot Details

  • 7,668

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Schools

  • Thunder Valley Elementary School
  • Coal Ridge Middle School
  • Frederick High School

Additional Features

  • 7,668 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R5545686

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Frederick Town Subdivision

Building Details

  • Gross Income $55,242
  • Net Operating Income $45,101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,149

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Year Built: 1980
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Frederick Town
  • Directions: From hwy 52, North on Colorado Blvd to 5th Street Roundabout , turn right and then left to 4th Street
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3312
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Frederick
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Thunder Valley
  • HighSchool: Frederick
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Coal Ridge

Lot Info

  • Zoning: MRE
  • Lot Size Sq Ft: 7668
  • Parcel #: R5545686
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 55242
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 10141

Tax Info

  • Tax Annual Amount: 4149

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Off Market $765,000 -- --
05/05/2021 05/05/21 Sold $765,000 +5.5% $231 / Sq Ft
03/18/2021 03/18/21 For Sale $725,000 -- $219 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 935599

IRES MLS