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32070665
32070646

217 Main Street, Cripple Creek, CO 80813

AJ
CO 100108101
Keller Williams Foothills Realty
Listed by Keller Williams Foothills Realty
$590,000
59 days on market
Updated 57 days ago

217 Main St

Details
Property Type Multifamily
Units 12
Cap Rate 9.00%
NOI $53,250
Occupancy 100%
Tenancy Single
Acreage 0.210
Investment Type Stabilized

Multifamily | 9.00% CAP | 4 Units

Marketing description

9% CAP RATE. Fully renovated, fully rented 4plex with long term tenants. New roof, windows, water heaters and finishes throughout. Cripple Creek is booming. Whether its work-live, vacation, spend the day, gamble, tour the mines, hunt for gems, pet the donkeys take a train ride or visit the ice castles in the winter, it's a special place with classic western charm. Built in 1895 this building has was the original firehouse, it has been a great rental & doesn't stay vacant for long! Public Water & Sewer with 4 separate Gas/Electric meters. The original cabin holds future development opportunities as well. The property consists of four units: Two 2-bedroom/1-bathroom units ($1,400 & $1,350) PLUS Two 1-bedroom/1-bathroom units ($1,200 & $1,330)- Two units feature unique sleeping lofts. Two units have washer/dryers & one has hookups. No short-term rentals allowed. No HOA, $1,045 annual taxes.

Investment highlights

  • Two- 2bd 1ba Units
  • Two-1bd 1ba Units
  • Fully Rented- long term tenants
  • Fully Renovated
  • New Roof, Windows & Water heaters

Listing Contacts

AJ
CO 100108101
Keller Williams Foothills Realty
Listed by Keller Williams Foothills Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$53,250.00
$4,437.50/mo

Valuation Metrics

0
DSCR
9.03%
Cap Rate
9.03%
ROI

Map

Zoning

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A-1 AgricultureAgricultural
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Annie Josephson
License
100108101
Brokerage
Keller Williams Foothills Realty
Brokerage Phone
303-838-3000
Brokerage Address
32214 Ellingwood Trail
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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