$610,000

403.5 14th Street, Burlington, CO 80807

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

10.1% cap rate on a mixed use building in downtown Burlington featuring 6 apartment units and 2 commercial spaces all fully occupied. Burlington is in high demand for rentals as wind energy and gas pipeline employees are moving to the area at an unprecedented rate. Opportunity for increased NOI with about half of the current apartments units being leased at below market rents. Current owner has updated/remodeled all apartments, installed new mini split hvac systems, installed a new commercial wifi monitored hot water heater, and invested in a ton of miscellaneous upgrades over the last three years of ownership. Additional income with coin laundry located on second floor. Please reach out to listing agent to schedule viewing - please do not bother tenants.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 9:21PM
Listing Office:
Eisenhard Realty Group : 303-349-5035
Listing Agent:
Chris Eisenhard : 303-349-5035
MLS ID:
4576041
  • Style: Traditional
  • Parking: Parking spaces: 4
  • Roofing: Other
  • Originating MLS: recolorado
  • County: Kit Carson
  • Zoning: Downtown BurlingtonSUBDIVISION BURL NEW BLOCK 22 LOT 13-1434022007
  • Current Use: Multi-Family
  • Sewer: Public Sewer
  • Source: recolorado
  • Exclusions: tenants personal property

This listing courtesy of Chris Eisenhard , Eisenhard Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burlington Elementary School

450 11th St, Burlington, CO, 80807

Grades PK-4

0.27 miles away

B

Burlington Middle School

2600 Rose Ave, Burlington, CO, 80807

Grades 5-8

0.85 miles away

B

Burlington High School

380 Mike Lounge Dr, Burlington, CO, 80807

Grades 9-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.