$1,400,000
SOLD OCT 1, 2024

102 2nd St Eaton, CO 80615

24 Beds
12 Baths
8,700 Sq Ft
0.32 Acres

Recently Sold

$161 Per Sq Ft

7% Below List Price

96 Days on Market

Highlights

  • Raised Ranch Architecture
  • Brick Veneer
  • Outdoor Storage
  • No HOA
  • Air Conditioning
  • 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

RE/MAX Alliance-FTC South

Co-Listed By

Bryse Collins

RE/MAX Alliance-FTC South

Last Buyer's Agent

Lacey Woods

NoCo Property Connections

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,939

Year Built

  • Built in 1971

Lot Details

  • 0.32 Acre Lot
  • Sprinkler System

Parking

  • Alley Access

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

  • 24 Bedrooms
  • 12 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights Excluded

Schools

  • Highland Elementary And Middle School
  • Highland School

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • 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

Listing Details

  • 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
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 24
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded, Within City Limits
  • Waterfront: 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

Utilities

  • Cooling: Room Air Conditioner
  • 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
  • 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
  • Lot Size Sq Ft: 14000
  • Parcel #: R0807386
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7939.32

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 131400
  • Annual Operating Expense: 55332.89

Map

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
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

Source: IRES MLS

MLS Number: 1013116

IRES MLS