NOT LISTED FOR SALE

720 Custer St Brush, CO 80723

12 Beds
6 Baths
4,968 Sq Ft
0.57 Acres

Last Sold April 23, 2024

Last sale price $595,000 $120 Per Sq Ft

174 Days on Market

Highlights

  • City View
  • Brick Veneer
  • Forced Air Heating System
  • No HOA
  • Cooling Available
  • Ceiling Fan

About This Home

As of April 2024

Rare investment opportunity. These 6 units are well maintained and offer a wealth building strategy for future years to come. Flooring in each unit has been updated, new roof installed this summer. Each unit is individually metered, tenants pay utilities, landlord pays water and sewer/trash removal. There is pleanty of off street parking as well. Low vacancy rate, solid cap rate.

Last Agent to Sell the Property

Kent Lindell

Colorado Land Co. LLC Listed on: 11/01/2023

Last Buyer's Agent

Brian Urdiales

The Urdiales Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,658

Year Built

  • Built in 1919

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 4,968 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views
  • Electric Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Schools

  • Thomson Elementary School
  • Brush Middle School
  • Brush High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 123103106008

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Desky Subdivision

Building Details

  • Gross Income $49,590
  • Net Operating Income $31,384

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,658

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Year Built: 1919
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.57
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Desky
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4968
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Unfinished
  • Total Bedrooms: 12
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalks, Level
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Brush
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Thomson,Beaver Valley
  • HighSchool: Brush
  • Junior High Dist: Brush RE 2J
  • Middle Or Junior School: Brush

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 24850
  • Parcel #: 123103106008
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2658

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 49590
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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 List to Sale Price per Sq Ft
04/23/2024 04/23/24 Sold $595,000 -8.5% $120 / Sq Ft
11/01/2023 11/01/23 For Sale $650,000 -- $131 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

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
2024 $1,034 $10,020 $2,050 $7,970
2023 $1,034 $13,700 $2,800 $10,900
2022 $1,226 $11,820 $2,730 $9,090
2021 $1,273 $12,430 $2,870 $9,560
2020 $1,010 $9,840 $2,670 $7,170
2019 $2,076 $9,840 $2,670 $7,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 999078

IRES MLS