NOT LISTED FOR SALE

418 Edison St Brush, CO 80723

-- Bed
17 Baths
18,700 Sq Ft
0.64 Acres

Last Sold September 29, 2022

Last sale price $1,200,000 $64 Per Sq Ft

356 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Brick Veneer
  • Corner Lot
  • Double Pane Windows
  • Cooling Available

About This Home

As of September 2022

Own this historic building anchoring Downtown Brush in an opportunity zone where new investment may be eligible for preferential tax treatment. In addition to the 12 fully rented apartments, this property can generate new income from multiple, currently unused/under used spaces: OFFICES at the Carroll: The private offices have been self used to run multiple businesses not associated with the building. With the oversized parking lot, this space could be occupied by any business looking for highly visible downtown offices. GHOST KITCHEN at the Carroll: The commercial kitchen is bright, clean, well built and ready for your projects. Connect with the community to create and sell culinary delights. QUIRT at the Carroll: The hand laid tile floor in the Quirt has been under the feet of lounge goers and hotel patrons since the 1930s. Brush was home to one of the first horse race tracks in Colorado. The Quirt at the Carroll served all of Brush and the racing community through the 1960s.

Last Agent to Sell the Property

Michael Salza

C3 Real Estate Solutions, LLC Listed on: 08/08/2022

C3 Real Estate Solutions, LLC

Co-Listed By

Sean Hudgens

RE/MAX Advanced Inc.

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 1914

Lot Details

  • 0.64 Acre Lot
  • Property fronts a highway
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Property Views

  • Panoramic
  • City

Home Design

  • Brick Veneer
  • Slab Foundation
  • Rubber Roof
  • Metal Roof

Interior Spaces

  • 18,700 Sq Ft Home
  • Partially Furnished
  • Double Pane Windows

Parking

  • Alley Access
  • Paved Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Entrance
  • Low Pile Carpeting

Outdoor Features

  • Exterior Lighting

Schools

  • Brush Elementary And Middle School
  • Brush High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Radiator
  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number 123103406014

Community Details

Overview

  • No Home Owners Association
  • Brush Original Town Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $148,037
  • Net Operating Income $94,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,851

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Inclusions: Some Furniture
  • Year Built: 1914
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Business Type: Incorporated Area, Professional/Office, Office Condominium, Executive Suites, Church, Mixed, Class "B", Variety
  • Horses: No
  • Lot Size Acres: 0.64
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: JCSRE
  • Subdivision Name: Brush Original Town
  • Directions: From I-76 E exit CO-71 S/Colorado Ave and follow Colorado Ave south towards, Edison St. Right on Edison St, building will be on the left.
  • New Construction: No
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 18700
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Possible Use: Multi-Family, Commercial, Commercial or Industrial, Additional Units
  • Private Spa: No
  • Accessibility Features: Level Lot, Accessible Hallway(s), Low Carpet, Accessible Entrance, Other Access, Accessible Elevator Installed
  • Interior Amenities: High Speed Internet
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Metal, Rubber
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level, Within City Limits
  • View: City, Panoramic
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Block
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access, Paved
  • IRESDS_FG_ParkingPerBuildingSquareFtIDs: Over 1:400

Utilities

  • Electric: Electric, Master Meter-Electric, Separate Meter Electricity, 200V Electric, Xcel
  • Heating: Forced Air, Radiant, Radiator, 2 or more Heat Sources, Common Heat Source, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Green Building Features: Public Elevator, Storage on Site
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Brush
  • Gas Company: Natural Gas, Master Meter-Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Brush
  • HighSchool: Brush
  • Junior High Dist: Brush RE 2J
  • Middle Or Junior School: Brush

Lot Info

  • Zoning: Comm
  • Land Lease Amount Frequency: Monthly,Semi-Annually
  • Lot Size Sq Ft: 28000
  • Parcel #: 123103406014
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3851

Multi Family

  • Annual Gross Income: 148037
  • Annual Operating Expense: 53873

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
09/29/2022 09/29/22 Sold $1,200,000 -4.0% $64 / Sq Ft
08/08/2022 08/08/22 For Sale $1,250,000 +4.2% $67 / Sq Ft
08/01/2022 08/01/22 Off Market $1,200,000 -- --
06/02/2022 06/02/22 Price Changed $1,250,000 -15.3% $67 / Sq Ft
06/02/2022 06/02/22 For Sale $1,475,000 +22.9% $79 / Sq Ft
05/31/2022 05/31/22 Off Market $1,200,000 -- --
04/13/2022 04/13/22 Price Changed $1,475,000 -9.2% $79 / Sq Ft
02/25/2022 02/25/22 For Sale $1,625,000 +35.4% $87 / Sq Ft
02/10/2022 02/10/22 Off Market $1,200,000 -- --
01/04/2022 01/04/22 Price Changed $1,625,000 -4.4% $87 / Sq Ft
08/17/2021 08/17/21 For Sale $1,700,000 -- $91 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salza

    Seller's Agent in 2022

    Michael Salza

    C3 Real Estate Solutions, LLC

    (202) 701-9254

    1 in this area

    85 Total Sales

    Michael Salza
    Section Image
  • Sean Hudgens

    Seller Co-Listing Agent in 2022

    Sean Hudgens

    RE/MAX

    (970) 219-2087

    1 in this area

    38 Total Sales

    Sean Hudgens
    Section Image

  • N

    Buyer's Agent in 2022

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: 948781

IRES MLS

APN: R016345

Colorado Morgan County Brush 80723

418 Edison St, Brush, CO

This home is located at 418 Edison St, Brush, CO 80723 since 08 August 2022. This property was built in 1914. 418 Edison St is a home located in Morgan County with nearby schools including Thomson Primary School, Beaver Valley Elementary School, and Brush Middle 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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