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$900,000

Est. payment - /mo

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1,765 SqFt

Active

724 Mead Louisville, CO 80027

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,765 sqft

Subdivision Kimberly

MLS Listing ID IRE1063078

HOA Y/N No

Year Built 1985

Annual Tax Amount $4,486

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

Source ires

Property Description

INVESTMENT Property in Louisville - Each unit is 2 bedrooms/1 bath with laundry and private fenced yards. Units have been updated to include: in 2020, 2 furnaces, central AC in #724 and window units in #726, 2021 new hot water heaters in both. Unit #724 has been recently updated to include new carpet, flooring, new paint, updated bath. Exterior updates include: paint, new roof and ridge vents in 2018. Very deep lot (approx 175') and space to easily add a 2 car garage or keep as additional parking. Cap rate approximately 5%, has never been vacant, easy to rent. The seller lived in one side and rented the other until 2025. Fabulous Old Town Louisville location, easy access to regional trail system, two blocks from Community Park where you will enjoy musical events, movies in the park and a fenced dog park with pond. This is a great place to live, a few blocks from popular central downtown with an abundance of restaurants, farmer's market and activities. Lease on #726 through Dec 2026, possible buyout; tenant also open to renew lease. 1031 exchange for the seller.

Location

State CO

County Boulder

Community Kimberly

Area Louisville

Zoning RES

Rooms

Basement None

Interior

Interior Features Separate Dining Room, Open Floorplan

Heating Forced Air

Cooling Central Air

Appliance Electric Range, Dishwasher, Refrigerator

Exterior

Fence Fenced

Utilities Available Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Garage No

Building

Water City

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Louisville

Middle Schools Louisville

High Schools Boulder Valley Dist Re2

School District Boulder Valley Dist Re2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Virtual Tour https://u.listvt.com/mls/252198686

Information and Real Estate Services (IRES)

Listed by Marie Jacobs

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020