1291 W 3rd Avenue

Broomfield, CO 80020
Beds
4
Square Ft.
2,531
$775,000
Turnkey 4-plex in the heart of Broomfield, ideally positioned between Boulder (15 min) and Downtown Denver (25 min). Priced at $775,000, this fully leased value-add opportunity features four 1BR/1BA units, a detached 4-car garage, and additional income from laundry, utility reimbursements (RUBS), and potential garage storage rental. Currently producing aRead MoreRead Less
Market LogoCourtesy of Pinnacle Real Estate Advisors 303-962-9555
Listing Snapshot
Days Online
4
Last Updated
Property Type
Quadruplex
Beds
4
Square Ft.
2,531
Lot Size
0.18 Acres
Year Built
1960
MLS Number
6963644
30 Days Snapshot Of 80020
$649k
+9%
(avg) sold price
34
-35%
homes sold
61
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 2531, Construction Materials: "Brick", Levels: "Two", Living Area: 2531, Structure Type: "Quadruplex", Total Area: 2531, Unit Count: 1, Unit Types: "Array", Built in 1960
Cooling
Cooling: "None"
Disclosures
Exclusions: Tenant's personal property
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Real Estate Tax", "Utilities", Operating Expense: $14,724, Projected Annual Expense: $16,447
Garage
4 garage spaces
Heating
Heating: "Baseboard"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 50916.00, Gross Income: $65,640, Projected Annual Net Income: $57,737, Projected Gross Income: $74,184
Laundry
Features: "Common Area"
Lot
Acres: 0.18, Area: 7970, Features: "Flood Zone", Parcel Number: R1017122, Square Feet: 7970
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Gas", "Trash Collection", "Water", Ownership: Individual
Parking
Parking Total: 4, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: "Oversized"
Property
Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadruplex, Zoning: R-5
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3547, Legal Description: SUBD: BROOMFIELD HEIGHTS FILING NO 1 & AMENDED LOT: 9 BLOCK: 2 LESS E 55 FT OF N 4FT, Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity"
Utilities
Power Production Count: 0, Utility Billing To Tenants: Direct Billing from Utility, Separate Bill from Owner, Utility Metering: Common Gas, Common Water, Separate Electric, Water Source: "Public"
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