Views
Address
200 N 3rd Street, Victor, CO
Price
$ 775,000
Property Attributes
- MLS#8123461
- TypeMulti-Family
- CountyTELLER
- CityVictor
- NeighborhoodVictor Orig
- Zip80860
- StyleChalet
- Year Built1900
- Taxes$ 4985
- Price$ 775,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage4747
- Lot Size1.8 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Cool historic & unique property is an investor's dream! 1.8 acre complex offers multiple streams of income in Victor's business district. The Colorado Trading & Transfer Company was recently renovated into 2 residences set up like a duplex with a strong rental history. Upper unit features kitchen, dining room, living room, bedroom, full bath, entry hall, reading nook/sun room plus downstairs area used for second bedroom that could be an office, media room, family room with several flex spaces, laundry & 2 car garage & freight chute, loading dock, original safe & historical records/artifacts. Lower unit has a kitchen, dining nook, living room, bedroom, 3/4 bath, laundry hook ups, office/family room with built in antique platform scales. Renovations include newer Quaker windows, 200 amp service with 90 amp sub-feed panel, new plumbing, 2 forced air units & more! Thompson House is a miner's cabin that was moved from the Ajax mine & rebuilt as a rental & has a long term tenant. Cabin renovations include new electrical, new metal roof, new Quaker windows. 22 storage units are in high demand & constantly rented with a waiting list. 10 storage units are newer metal buildings, the other 12 are from an original structure. 3 additional storage units could easily be created from the current workshop space. Two 50 amp & one 30 amp RV hookups, plus a 76' x 125' fenced storage yard that until recently was leased to a propane company. This could make great RV & Boat storage, or add more storage units to meet the demand. The town of Victor has a rich history with many original buildings still in operation from the mining days and is one of Colorado's best kept secrets! Recreation activities like gold medal fishing, hiking, horseback riding, skiing, festivals, biking. Cripple Creek is minutes away offering tourist activites like gaming, cafes & shops plus a new 300 room Casino that opens Dec. 2023 This historic property with a turnkey business is a golden opportunity!
| Elementary School | Middle School | High School |
|---|---|---|
| Cresson Elementary School | Cripple Creek-Victor Middle School | Cripple Creek-Victor High School |
| Price History | |
|---|---|
| 7/15/2023 | Listed $775,000 |
General Features
| Interior Features | Ceiling Fan(s),Entrance Foyer,High Ceilings,Kitchen Island,Laminate Counters,Open Floorplan,Smart Lights,Smoke Free,Solid Surface Counters |
|---|---|
| Sewer | Community Sewer |
| Heating | Forced Air |
| Cooling | None |
| Utilities | Electricity Connected,Natural Gas Connected,Phone Connected |
| Possession | See Remarks,Subject To Tenant Rights |
| Roof | Metal |
| Appliances | Cooktop,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Washer |
| Zoning | C1 |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck,Patio,Wrap Around |
| Architectural Style | Chalet |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s),Video Doorbell |
| Construction Materials | Log,Metal Siding |
| Exclusions | Tenant's belongings |
| Year Built | 1900 |
| Electric | 110V,220 Volts |
| Tenant Pays | Cable TV,Internet |
| View | City,Mountain(s) |
| Levels | Two |
| Property SubType | Triplex |
| Tax Year | 2022 |
| Current Use | Live/Work |
| Percent Ownership | Individual |
| Gross Income | 62340 |
| OwnerPays | Electricity,Gas,Grounds Care,Insurance,Taxes,Trash Collection,Water |
| County | Teller |
| Operating Expense | 17414 |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Attached Garage | Yes |
| Subdivision Name | Victor Orig |
| Status | Active |
| Directions | From Divide go s on Hwy 67 for 13.4 mi. go left on Lazy S Ranch Rd (Colo Rd 81) for 6.2 miles & becomes Diamond Ave. Property is on the right at the corner of 3rd and Diamond. |
| High School | Cripple Creek-Victor |
| City | Victor |
| Buyer Agent Compensation | 2.8 |
| Entry Location | Ground |
| Senior Community Y/N | No |
| High School District | Cripple Creek-Victor RE-1 |
| Lot Size Square Feet | 78408 |
| Street Name | 3rd |
| Listing Terms | 1031 Exchange,Cash,Conventional |
| Elementary School | Cresson |
| Tax Annual Amount | 4985 |
| Middle/Junior High School | Cripple Creek-Victor |
| Property Condition | Updated/Remodeled |
| Structure Type | Triplex |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Cripple Creek-Victor RE-1 |
| Elementary School District | Cripple Creek-Victor RE-1 |
| Cap Rate | 5.8 |
| Buyer Agent Compensation Type | % |
Interior Features
| Basement | Finished |
|---|---|
| Flooring | Carpet,Laminate,Linoleum,Wood |
| Total Fireplaces | 1 |
| Fireplace Features | Free Standing,Living Room |
| Common Walls | 1 Common Wall |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 3256 |
| Street Suffix | Street |
| Laundry Features | In Basement,In Unit,Multiple Locations |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 1491 |
| Total Baths | 3 |
Exterior Features
| Fencing | Partial |
|---|---|
| Lot Features | Historical District |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 1.8 |
| Building Area Total | 4747 |
| Lot Size Acres | 1.8 |
| Lot Size Units | Acres |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80860
Price
Taxes
Visits
Year Built
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