NOT LISTED FOR SALE

102 2nd St Eaton, CO 80615

288 Beds
144 Baths
8,700 Sq Ft
13,939 Sq Ft Lot

Last Sold October 01, 2024

Last sale price $1,400,000 $161 Per Sq Ft

36 Days on Market

Highlights

  • Raised Ranch Architecture
  • Brick Veneer
  • Outdoor Storage
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

About This Home

As of October 2024

Rare Multi-family in Ault! Three all brick buildings house twelve, 2 bedroom, 1 bath units, each w/ two entry points. 17 off-street parking spots, too! Consistently rented, some for decades! Most units have been updated in last few years. Fridge, Range & Laundry Hookups in each unit. All utilities ex. electricity included in rents. CAP Rate based upon current rents (if all were at market rate, $1,000/month, CAP would be 5.91). Please do not walk the property or contact tenants without Showing Agent present.

Last Agent to Sell the Property

Sean Dougherty

RE/MAX Alliance-FTC South License #40020772 Listed on: 06/27/2024

RE/MAX Alliance-FTC South

Co-Listed By

Bryse Collins

RE/MAX Alliance-FTC South License #100048481

Last Buyer's Agent

Lacey Woods

NoCo Property Connections License #100040558

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,939

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Sprinkler System

Home Design

  • Raised Ranch Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 8,700 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 288 Bedrooms
  • 144 Bathrooms

Parking

  • 17 Parking Spaces
  • Alley Access

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights Excluded

Schools

  • Highland Elementary And Middle School
  • Highland School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $913
  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0807386

Community Details

Overview

  • No Home Owners Association
  • 12 Units
  • Ault Town Subdivision

Building Details

  • Gross Income $131,400
  • Net Operating Income $76,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,939

Year Built

Built in 1971

Lot Details

0.32 Acres

Listing Details

  • Inclusions: No Units Furnished,Electric Range/Oven,Refrigerator
  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.32
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9RMSA
  • Subdivision Name: Ault Town
  • Architectural Style: Raised Ranch
  • Unit Levels: Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 8700
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 288

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded, Within City Limits
  • View: No
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 17

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Hot Water, Baseboard, Common Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, Town of Ault
  • Gas Company: Natural Gas, Atmos Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Highland
  • HighSchool: Highland
  • Junior High Dist: Ault-Highland RE-9
  • Middle Or Junior School: Highland

Lot Info

  • Zoning: R2 Res
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 14000
  • Parcel #: R0807386
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7939.32

Multi Family

  • Number Of Units Total: 12
  • Number Of Units Furnished: None
  • Annual Gross Income: 131400
  • Total Actual Rent: 912.5
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Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $1,400,000 -6.7% $161 / Sq Ft
06/27/2024 06/27/24 For Sale $1,499,900 -- $172 / Sq Ft
Source: IRES MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,226 $81,000 $4,800 $76,200
2024 $5,226 $81,000 $4,800 $76,200
2023 $4,251 $75,400 $4,740 $70,660
2022 $3,824 $61,200 $4,760 $56,440
2021 $4,118 $64,360 $5,010 $59,350
2020 $2,476 $38,860 $2,750 $36,110
2019 $2,612 $38,860 $2,750 $36,110
2018 $2,670 $39,130 $2,770 $36,360
2017 $2,676 $39,130 $2,770 $36,360
2016 $2,400 $35,820 $2,510 $33,310
2015 $2,408 $35,820 $2,510 $33,310
2014 $1,802 $26,860 $2,510 $24,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE1013116

IRES MLS
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