NOT LISTED FOR SALE

205 S 3rd Ave Ault, CO 80610

1 Bed
1 Bath
3,976 Sq Ft
7,000 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $595,000 $150 Per Sq Ft

103 Days on Market

Highlights

  • Raised Ranch Architecture
  • Hot Water Heating System
  • 1-Story Property
  • No HOA

About This Home

As of September 2024

Great investment opportunity! 8-plex at an amazing price. Units are each 1 bedroom 1 bath. The property could use some work to get market rents but is priced accordingly. Common area laundry room could also be used for an additional source of income. A new boiler was recently installed! Garden level basement, metal roof, off-street of parking. Close to Hwy 85 schools, and downtown Ault.

Last Agent to Sell the Property

Mark Despain

8z Real Estate Listed on: 05/29/2024

8z Real Estate

Last Buyer's Agent

Nikki True

Pro Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1903

Lot Details

  • 7,000

Home Design

  • Raised Ranch Architecture
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,976 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Highland Elementary And Middle School
  • Highland School

Additional Features

  • 7,000 Sq Ft Lot
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number R0819886

Community Details

Overview

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

Building Details

  • Gross Income $70,680
  • Net Operating Income $44,227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,553

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Year Built: 1903
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Ault Town
  • Architectural Style: Raised Ranch
  • Unit Levels: Two, Raised Ranch
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3976
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Daylight
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Ault
  • Gas Company: Natural Gas, Atmos

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: Multi Fam
  • Lot Size Sq Ft: 7000
  • Parcel #: R0819886
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2553

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 70680
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 26453

Range of Values:

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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
09/09/2024 09/09/24 Sold $595,000 -5.2% $150 / Sq Ft
07/12/2024 07/12/24 Price Changed $627,500 -1.6% $158 / Sq Ft
06/24/2024 06/24/24 Price Changed $637,500 -1.5% $160 / Sq Ft
05/29/2024 05/29/24 For Sale $647,500 -- $163 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Despain

    Seller's Agent in 2024

    Mark Despain

    8z Real Estate

    (970) 371-9371

    18 Total Sales

    Mark Despain
    Section Image

  • N

    Buyer's Agent in 2024

    Nikki True

    Pro Realty Inc

    (970) 590-7566

    36 Total Sales

    Nikki True
    Section Image
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Map

Source: IRES MLS

MLS Number: 1010745

IRES MLS
Colorado Weld County Ault 80610

205 S 3rd Ave, Ault, CO

This home is located at 205 S 3rd Ave, Ault, CO 80610 since 29 May 2024. This property was built in 1903. 205 S 3rd Ave is a home located in Weld County with nearby schools including Highland Elementary School, Highland Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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