810 Broad Street
Steamboat Springs, CO 80487

$1,085,000

Description

Investors! Don't miss this rental machine duplex located on a highly desirable street in fast-growing downtown Steamboat Springs, Colorado. Always rented and always in demand, the current side-by-side configuration consists of a remodeled 4-bedroom unit with vaulted ceilings plus an oversized 4-car garage on one side and a rustic 3-bedroom plus loft on other side. Together, the two units generate $84,000/year in gross income with room to improve! There's also a 308 SF office above yet another 1-car garage, both of which could create additional income opportunities. Tenants consistently covet the massive 1600 SF garage that easily holds 4 vehicles, outdoor toys, tenant's storage needs plus room to park a boat inside! The garage could double as a workshop for a contractor or hobbyist. This rental machine duplex is a rare find and a perfect property for investors looking to jump into a very tight housing market with appreciating rents and values.

Details

MLS#4559103
StyleIndustrial
Sub-TypeResale
StatusActive
Year1975

Features

SQ Feet4,138
Story(s)1
Units2
ZoningRO

Market Activity 80487

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Area Information

StateCO
CountyRoutt
CitySteamboat Springs
Zip Code80487
AreaRoutt
Listing VS Median (in 80487)
Price:
$1,085,000
low | high
Med:
$645,000
90.552995391705% of Average
SqFt:
4,138
low | high
Med:
0
100% of Average
$ / SqFt:
$262
low | high
Med:
$0
100% of Average
Listing Updated: 08/22/2019
MLS Number: 4559103
Listing Provided By:
Colleen de Jong  of  Steamboat Sothebys International Realty
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