$775,000
For Sale

200 N 3rd Street

Victor, CO 80860
4747 sqft | 4 beds | 1.80 acres | #8123461
Listing OfficeMONARK GROUP
Browse 40 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Interior Details
      • InteriorOpen Floorplan, Kitchen Island
    • Beds & Baths
      • Bedrooms4
  • Property Details
      • Lot DescriptionHistoric District
      • ViewMountain(s), City
    • Measurements
      • Square Feet4747
      • Acres1.8
    • Parking
      • Parking Spaces2
  • Construction Details
      • BasementPartially Finished
      • Property TypeMulti-Family
    • Condition
      • Year Built1900
  • Utilities / Energy Details
      • Utility SourceCity Water, Other Water/Sewer
      • Sewer InformationOther Water/Sewer, Community
      • Utility FeaturesElectricity Available
  • Community and Neighborhood Details
      • SubdivisionVictor Orig
    • Location
      • Middle SchoolCripple Creek-Victor
      • High SchoolCripple Creek-Victor
      • Elementary SchoolCresson
      • CountyTeller
  • Other
      • MLS #8123461

Location

Alfritch Anderson | Alfritch D. AndersonReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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