426 1st St
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426 1st St
1,536 SF Specialty Building Offered at $429,900 in Kersey, CO 80644
Investment Highlights
- Once in a lifetime opportunity to own a small business and living quarters in Kersey!
- a 1 bedroom apartment and a shop that could be used or rented out.
- The purchase price includes everything at the property.
- This is a small laundromat that has been updated over the last year. There is also a 2 bay car wash (1 bay currently working)
- The laundromat is open and has been in business for decades.
- The apartment and shop are currently vacant but could be rented very easily. The apartment was recently rented for $1,100 a month and the shop $800.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$22,800
|
$14.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$22,800
|
$14.84
|
| Taxes |
$760
|
$0.49
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$760
|
$0.49
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $22,800 |
| Annual Per SF | $14.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $22,800 |
| Annual Per SF | $14.84 |
| Taxes | |
|---|---|
| Annual | $760 |
| Annual Per SF | $0.49 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $760 |
| Annual Per SF | $0.49 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $429,900 | Lot Size | 0.22 AC |
| Price Per SF | $280 | Building Size | 1,536 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1934 |
| Price | $429,900 |
| Price Per SF | $280 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Lot Size | 0.22 AC |
| Building Size | 1,536 SF |
| No. Stories | 1 |
| Year Built | 1934 |
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PROPERTY TAXES
| Parcel Number | R4157386 | Total Assessment | $23,910 |
| Land Assessment | $5,410 | Annual Taxes | $760 ($0.49/SF) |
| Improvements Assessment | $18,500 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R4157386
Land Assessment
$5,410
Improvements Assessment
$18,500
Total Assessment
$23,910
Annual Taxes
$760 ($0.49/SF)
Tax Year
2024
zoning
| Zoning Code | C |
| C |
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426 1st St
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