403.5 14th Street Burlington, CO $ 610,000
403.5 14th Street
$ 610,000
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403.5 14th Street

Burlington, CO, 80807
$ 610,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,756

Listed by Eisenhard Realty Group
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Commercial Property for sale in Burlington, CO

for $610,000. This building was built in 1904.

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.

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Commercial Active

Price

$ 610,000

Property Type

Commercial

Taxes

$ 2,237

Style

Traditional

Year Built

1904

Town/City

Burlington

County/Region

Kit Carson

MLS | Web ID

4576041

Features
General
Sewer Public Sewer
Possession Rental Agreement
Roof Other
Zoning Downtown Burlington
Garage Spaces 0
Architectural Style Traditional
Construction Materials Block Stucco
Exclusions tenants personal property
Year Built 1904
Property Subtype Multi Family
Tax Year 2023
Current Use Multi-Family
Gross Income 87300
County Kit Carson
Operating Expense 25800
Property Type Commercial Sale
Attached Garage N
Status Active
City Burlington
Number Of Units Total 6
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 2237
Standard Status Active
Occupancy Type Tenant
Cap Rate 10.1
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Exterior
Total Parking 4
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Eisenhard Realty Group

Broker

(303) 349-5035

Phone

Affordability Calculator

$3,942
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,756
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$610,000 Listed Price

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403.5 14th Street, Burlington, CO, 80807 is a Commercial Property for sale at $610,000. 403.5 14th Street was built in 1904. The property's zip code is 80807 which is in Burlington, CO