$1,250,000

Estimated payment $7,144/month

Total Views 3,423
8 Beds
8 Baths
5,544 Sq Ft
$225 Price per Sq Ft

Highlights

  • No HOA
  • Studio bedroom
  • Forced Air Heating System
  • Emerald Elementary School Rated A-
  • Landscaped

About This Home

8 UNIT in a great location, well maintained, low price per unit. Built in 1961, this 2-story brick building with interior hallways has 7 one-bedroom units and 1 studio unit, all have newer double pane windows and 5 of the 8 units have been updated with vinyl plank flooring, updated kitchens & bathrooms. The common area hallways have renovated with newer vinyl plank flooring and LED lights for a cleaner look. There is an income producing laundry facility located on the lower level. There are 8 off-street parking spaces in the rear of the property, and the parking lot was completely resurfaced in 2025. The entire electrical system was upgraded in 2025, all new electrical panels and conduit to each unit have been added. All units are individually metered for electricity, paid directly by the residents. Gas and water is master metered and currently paid by the owners. The building is heated by a central boiler and there are 2 water heaters providing domestic hot water replaced in 2021 and 2025. The property consists of 0.22 acres and the exterior landscaping is conveniently maintained by a sprinkler system. 265 Laurel Street offers strong rental appeal due to its historically strong occupancy, central location, and proximity to major employers, retail, recreation, and quality schools. The value-add potential is also a strong incentive to any potential buyer with the ability to continue the renovations to the remaining three units and increase rent growth. Contact agent for marketing package and financials.

Listing Agent

Clayton Primm

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. Brokerage Email: clayton.primm@marcusmillichap.com,303-328-2075 License #100024161 Listed on: 01/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers
  • Irrigation

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 5,544 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Studio bedroom
  • 8 Bathrooms

Schools

  • Emerald Elementary School
  • Aspen Creek K-8 Middle School
  • Broomfield High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: Personal property belonging to tenants.
  • The owner pays for gas, trash collection, water
  • Assessor Parcel Number R1017296

Community Details

Overview

  • No Home Owners Association
  • Broomfield Heights Subdivision

Building Details

  • Operating Expense $45,295

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,685

Year Built

Built in 1961 | Remodeled

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 5544
  • Exclusions: Personal property belonging to tenants.
  • Living Area: 5544
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Broomfield Heights
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Special Features: None

Interior Features

  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Membrane
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 45295

Schools

  • Middle Or Junior School: Aspen Creek K-8

Lot Info

  • Parcel Number: R1017296
  • Lot Size Acres: 0.22
  • Building Area Total: 5544
  • Lot Features: Irrigated, Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 9583.2

Rental Info

  • Owner Pays: Gas, Trash Collection, Water
  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7685

MLS Schools

  • Elementary School: Emerald
  • High School: Broomfield

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,439 $82,540 $9,380 $73,160
2024 $7,439 $79,390 $8,960 $70,430
2023 $7,424 $84,320 $9,520 $74,800
2022 $5,917 $61,200 $9,520 $51,680
2021 $6,016 $68,640 $10,010 $58,630
2020 $5,381 $57,200 $10,010 $47,190
2019 $5,371 $57,600 $10,080 $47,520
2018 $4,078 $43,200 $10,080 $33,120
2017 $4,016 $47,760 $11,140 $36,620
2016 $3,602 $38,200 $11,140 $27,060
2015 $3,478 $38,200 $11,140 $27,060
2014 $3,555 $38,200 $11,140 $27,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2026 01/28/26 For Sale $1,250,000 +58.0% $225 / Sq Ft
04/30/2020 04/30/20 Off Market $790,900 -- --
01/31/2020 01/31/20 Sold $790,900 -1.1% $143 / Sq Ft View Prior Sale
01/01/2020 01/01/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $800,000 -- $144 / Sq Ft
Source: REcolorado®

Source: REcolorado®

MLS Number: 2110369

REcolorado®

APN: 157535309002

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