CO > Broomfield > Broomfield Heights
Broomfield, CO 80020,1291 W 3rd Ave
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Broomfield, CO 80020,1291 W 3rd Ave
Broomfield, CO 80020,1291 W 3rd Ave
Broomfield, CO 80020,1291 W 3rd Ave
Broomfield, CO 80020,1291 W 3rd Ave
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Joseph Hemphill

Joseph Hemphill

+1(970) 575-1185
$ 775,000
Est. payment /mo
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1291 W 3rd Ave Broomfield, CO 80020

4 Beds

4 Baths

2,531 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,531 sqft

Subdivision Broomfield Heights

MLS Listing ID 6963644

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 2,531

Originating Board REcolorado

Year Built 1960

Annual Tax Amount $3,547

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Income Property

Property Description

Turnkey 4-plex in the heart of Broomfield, ideally positioned between Boulder (15 min) and Downtown Denver (25 min). Priced at $775,000, this fully leased value-add opportunity features four 1BR/1BA units, a detached 4-car garage, and additional income from laundry, utility reimbursements (RUBS), and potential garage storage rental. Currently producing a 6.57% cap rate with proforma upside to 7.45% through light renovations, maximizing garage potential and rental increases. Strong local demographics and proximity to Interlocken Business Park, Broomfield Community Park, and the future Northwest B-Line Light Rail enhance long-term value and rent demand. Investors will appreciate the rare sub-$800K multifamily opportunity in a highly desirable, growth-oriented corridor. Please reach out to Luke Salazar at 303-962-9534, LSalazar@PinnacleREA.com with any questions.

Location

State CO

County Broomfield

Area Broomfield

Zoning R-5

Interior

Heating Baseboard

Laundry Common Area

Exterior

Garage Spaces 4.0

Roof Type Fiberglass

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Emerald

Middle Schools Aspen Creek K-8

High Schools Broomfield

School District Boulder Valley Re 2

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Jim Knowlton • Pinnacle Real Estate Advisors • jknowlton@pinnaclerea.com,303-962-9543

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agent
Joseph Hemphill

Broker Associate | License ID: 100104644

+1(970) 575-1185

www.josephhemphill.com

457 E Wonderview Ave, Estes Park, CO, 80517-9648, USA

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1291 W 3rd Ave