212 1st St, Ault, CO 80610
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Excellent investment property with a high cap rate. Lender value certification at $500,000. Small commercial unit (hair salon) as well as three residential units. Main floor holds rented Beauty salon and residential unit; upper level has 2 residential units. Parking in front for commercial unit and parking lot in back for residential units. All units have month-to-month leases. For utilities, currently the landlord pays gas, trash, water, and periodic yard clean up; tenants pay own electric (separately metered), except unit #3, which is billed back to the tenant minus $85/month. Main floor residential unit has its own furnace; other units have electrical baseboard heat. Tenant occupied, so please allow 48-hour notice for showings. Pre-approval or POF required prior to showings.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Lot size (acres)
- 0.07
- Year built
- 1954
Utilities
- Heating
- Forced air
- Cooling
- Ceiling fan(s)
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $1,853
Public schools
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Sourced from: IRES MLS MLS®#: 1047520 Last checked: …
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