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1093 Longs Peak St, Brighton, CO 80601

$500,000
: 8
BD
: 4
BA
: 2,829
SqFt

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Sold Price: $500,000
List Price: $470,000
Closing Date: Aug 12, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 8201650
Structural Style: Contemporary
Bedrooms: 8
Bathrooms: 4
Sqft Total: 2,829
Year Built: 1962

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Property Description

Check out this side by side duplex on a large quarter acre lot (Addresses 1093 and 1095). Tons of private and street parking for each side. separate yards for each side given one side is a street and the other side is the alley, awesome access or room for future garages. So much potential..... We know its a fixer upper but its NOT priced anywhere near fixed up value, so don't offer by subtracting fixup costs form this price. Do go to the MLS and search the entire metro area Active/Pending for duplexes with 1600 or more finished above ground and 2400 or more total square feet. Only two units with that search are priced in the 600's and the rest are 700's and up! If you are a flipper who wants to subdivide and sell each side as single family homes, it seems each side could sell for 420K or more. Do you own math and research on that potential profit and also if the city would allow subdividing, which appears quite likely. If you do less fixing just to have a great rental, it seems each side would still rent above 2K. Cash or special loans only, due to broken windows damaged cabinets. etc.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.25
Lot Size Sq Ft: 10,800
Tax Amount: $3,539
Exterior Features: Private Yard, Rain Gutters
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished
Heating: Forced Air
Cooling: Central Air
School District: School District 27-J
Elementary School: Northeast
Middle Or Junior School: Overland Trail
High School: Brighton