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For Sale424 Days
$2,400,000

201 E South 1st Street
Johnstown, CO 80534

Commercial For Sale
15,996 Sq. Ft.
0.61 Acre Lot
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    Description for 201 E South 1st Street, Johnstown, CO 80534

    For Sale> Weld> Johnstown> 80534

    201 E. South 1st Street is a 13-unit apartment building located in Johnstown, CO. These units feature a unique mix consisting of (4) 1Br/1Ba units, (6) 2Br/1Ba units, and (3) 3Br/1Ba units. This turn-key investment is in excellent condition and requires little to no capital injection. Current ownership has updated the majority of the electrical panels in the units, installed a new roof and gutters (2017), and recently installed a new boiler. With a history of strong occupancy rates and stable rental income, the property is poised to continue generating consistent cash flow. PROPERTY HIGHLIGHTS: Turn-Key Asset with 12 out of 13 units fully renovated; Updated Windows, Two New High-Efficiency Boilers with Water Storage Tanks (2021), New Exterior Paint (2023) and Landscaping (2024); 13 Surface Parking Spots; In the Heart of Downtown Johnstown with the Ability to Walk to Numerous Restaurant and Retail Stores; Large Storage Units in Basement that Currently Provide Additional Income

    Property Details

    Listing Details
    For Sale
    Commercial
    Multi-Family
    For Sale
    REC7942349
    $2,400,000
    10/31/2024
    15,996 Sqft
    1920
    Single Family
    Tenant's personal property
    13
    REC32419N
    Location Information
    US
    CO
    Weld
    Johnstown
    80534
    South 1st
    201
    Street
    Johnstown Manor Apartments
    W105° 5' 43.6''
    N40° 20' 5.2''
    E
    Yes
    Garage/Parking
    No
    No
    Exterior Features
    No
    No
    Brick,Frame
    WaterFront and WaterAccess
    No
    Land Info
    0.61 Acre
    Nw
    R4489486
    Monthly
    Multi-family
    Utilities
    Public Sewer
    HOA Info
    2
    Monthly
    13
    No
    Rental Info
    13144
    Monthly
    Tax Info
    JOH 21522 L1 THRU 8 BLK5 GREAT WESTERN
    $11,348
    2023
    Listing Information
    Pinnacle Real Estate Advisors
    Jim Knowlton
    RECM0485
    Recolorado
    $2,400,000
    11/01/2024 00:12:16
    Low Rise (1-3)
    Public
    REC55056594
    Pinnacle Real Estate Advisors
    Christopher Knowlton

    Price History

    Source: MLS
    DateEventPriceSource
    2024-10-31 17:17:54For Sale$2,400,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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