Dear Buyer, Please read it all carefully before contacting seller including all remarks on the bottom.
Property very well managed running like a charm!
Pretty views of mountains and excellent Neighborhood. with most owners occupied around.
*Enough land to build 2-4 more apartments. To be verified by potential buyer.
* Stability and 0 Vacancy, almost maintenance free!
*Each of the 4 apartments has its own meters for water , electric, gas. Washer and dryer hook ups in each unit. * Tenants pay all utilities including water.
*Plenty of off street parking. Lot 0.23 Acres , zoned as Commercial, good for business or residential.
Total Sq Footage 2850
* Fully rented for professional tenants,
*Turn Key, Move in condition , all upgraded, AC and central air.
* Taxes are $2412.00 and assessed by Meade County each 3 or 4 years and had been accessed end of 2008 after all the updates being done. Black Hawk is not incorporated so taxes are very reasonable and zoning board is very considerate.
Description for each Apartment and Its Numbers. Please refer to Photos
* 1- Apartment : All Electric: Lights, Stove, Refrigerator, Dishwasher, Washer & Dryer, Cove Heat new(2007) Estimated Cost = $58.00 / Month Average Estimated Square feet = 710 Ft 1 Bedroom, Living/Dining Room, kitchen, lots of cabinets and closets Rented : $545, Tenants pay all utilities except for trash and sewer
*2- Apartment: All Electric: Lights, Stove, Refrigerator, Washer & Dryer hook ups, Cove Heat new Estimated Cost = $ 70.00 / Month Average Estimated Square feet = 685 Ft 1 Bedroom, Living/Dining Room, kitchen, lots of cabinets and closets Rented : $530, Tenants pay all utilities except for trash and sewer
*3 -Apartment:
Gas: Heater and hot water
Estimated Cost = $55.00/ Month average
Electric: Lights, Stove, Refrigerator, Dishwasher, Washer & Dryer
Estimated Cost = $ 58.00 / Month Average
Estimated Square feet = 925 Ft
1 Bedroom, Loft with closet used as a bedroom, Living/Dining Room, kitchen, lots of cabinets and closets
Owner Occupied: Market rent $ 1000,00
*4- Apartment: All Electric: Lights, Stove, Refrigerator, Washer & Dryer hook ups, Cove Heat new Estimated Cost = $ 48.00 / Month Average Estimated Square feet = 575 Ft 1 Bedroom, Living/Dining Room, kitchen, cabinets and closets Rented : $490, Tenants pay all utilities except for trash and sewer
a-Window covering are all staying with exception of apartment 2.
b-Stove, Refrigerators and dish washer are staying, as well as AC on apartment 1
c-All washers and dryers on apartments 5360, 5402 and 5320- are not staying. They belong to tenants.
d- Washer and Dryer, sofa, tables, dividers, chairs, desks,, bed on 5400 are negotiable and for sale, as well as tools on utility room ( lawn mower, snow blower, wet vacuum and other tools).
e. Septic System and access side road easements are legally specified on the deed.
-Sewer fee per year= $360.00
-Trash per month= $50.91
-Homeowner Insurance per year =$1100.00
*5- Was Built in 1992, bought it on 2007 as a triplex.
Brief description of work done:
1. One more unit was built( 5360), and became a fourplex.
2. Water lines all separated with updated plumbing in every unit. Jacuzzi on 5400 Cedar.
3. New water heaters in 3 units
4. Utility room, drainage and remodeling in order to comply with building codes.All new pipes and heating vents and everything re done.
5. 75% estimated flooring all replaced with ceramic tiles.
6. New painting, on outside( all) and mostly inside of units.
7. Side walks and landscape repaired.
8. All heating system separated and the electric system in each unit updated.
9. New stove on 5402.
10. Dowsed and cured for stress geophysical and magnetic lines underground.
11. New security sump pump added for prevention.
12. Window glasses and doors replaced on 5400
13. New roof and gutters October-2011
Important remarks to keep in mind before contacting seller:
1. Seller requires 3% earnest money
2. Seller will rent apartment 3 for at least 2 month after closing at $1000.00
3.Reason for selling: Relocation after it is sold
4. Price is Firm and there is not a mortgage.
Contact this seller