510 Main Street

Louisville, CO 80027

$1,900,000
Price
8
Beds
4
Baths
3,298 Sq. Ft.
$576 / Sq. Ft.
3,298
Sq. Ft.
$576
per Sq. Ft.

Description

Fantastic investment opportunity in an exceptional location. This 4-unit townhome property is located only 1.5 blocks of downtown Louisville, steps away from Community Park and very close to the Coal Creek Trail as well! Each two-story unit features a spacious living and dining area, open kitchen and tons of natural light on the main floor. Two ample bedrooms are upstairs with a full bath. Front patios offer shade in the summer, while back patios face south and are adjacent to a back and side yard!...Fantastic investment opportunity in an exceptional location. This 4-unit townhome property is located only 1.5 blocks of downtown Louisville, steps away from Community Park and very close to the Coal Creek Trail as well! Each two-story unit features a spacious living and dining area, open kitchen and tons of natural light on the main floor. Two ample bedrooms are upstairs with a full bath. Front patios offer shade in the summer, while back patios face south and are adjacent to a back and side yard! Mature landscaping creates a park-like feel. Each unit is individually metered for gas and electric. Central air conditioning and heat. A coin-operated washer/dryer is on site in a community laundry room. Two off street parking spots are included with each unit. Outdoor, locked storage closet comes with each unit (big enough for skis, bikes, etc.) Owner expenses include water/sewer, trash and common area irrigation/snow removal of parking lot. Each unit includes refrigerator, range, dishwasher and all interiors have been updated, as well as exterior fiber cement siding, within the last 10 years. Roof replaced in 2018 and front patios added. Potential for a development opportunity. Check with the city of Louisville for current zoning. No vacancy and hasn't been for many, many years. Touring of the units can occur once under contract (within 48 hours). Owner has great tenants and does not want to inconvenience them without a serious buyer. Leases to be assumed by Buyer. Please, do not contact tenants!
  1. Listed by Cindie Reddington • Cynthia 'Cindie' Reddington • 3038881488

Amenities

  • Air Conditioning
  • Central AC
  • Common Laundry
  • Common Outdoor Space
  • Dishwasher
  • Forced Air
  • Laundry
  • Laundry in Building
LISTING UPDATED: 11/15/2024 01:55 PM

Property Details for 510 Main Street

StatusActive
MLS #1021879
Days on Compass42
Taxes$5,830 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.38 AC / 16,356 SF
CountyBoulder County

Building Information for 510 Main Street

Stories2Residences4Year Built1984Building Size-Lot Size0.38 AC / 16,356 SF

Property Information for 510 Main Street

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.13172, 39.9746
  • Latitude: 39.97
  • Longitude: -105.13
  • Elementary School District: Boulder Valley Dist RE2
  • Middle Or Junior School District: Boulder Valley Dist RE2
Parking
  • Total Parking: 8.00
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2023
  • Tax Annual Amount: $5,830
  • Parcel Number: R0019780
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Lot Size Area: 16,356.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Property Attached YN: Yes
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s)
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Two
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, Separate Meter Electricity, Xcel
  • Gas: Natural Gas, Separate Meter Gas, Xcel
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Exterior Features: Lighting
Interior Features
  • ViewYN: No
  • Laundry Features: Common Area
  • Spa YN: No
  • Units Furnished: None
  • Window Features: Window Coverings, Double Pane Windows
  • Inclusion 3: Unfurnished
  • Fireplaces 1: None
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 2
  • Unit 1's Number of Baths: 1.00
  • Unit 2's Number of Bedrooms: 2
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 4
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 1.00
  • Unit 4's Number of Bedrooms: 2
  • Unit 4's Number of Baths: 1.00
Rental
Rental Information
  • Rent Unit 1: $1,770.00
  • Rent Unit 2: $1,685.00
  • Rent Unit 3: $1,775.00
  • Rent Unit 4: $1,725.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $6,955.00
  • Horse YN: No

Property History for 510 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 510 Main Street

Taxable ValueLand$36,609Additions$33,065Total$69,674
Tax Record2023$5,830 ($486 / month)
Home Facts
Baths4Total Finished SqFt3,298 SqFtAbove Grade Finished SqFt3,298 SqFtLot Size15,943 SqFtStyleMulti-Family Dwelling (2-4)Year Built1983Year Renovated1989Zoning1120CountyBOULDERAPN1575-08-4-48-008

Schools near 510 Main Street

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Louisville Elementary School
PublicK to 5

Louisville Middle School
Public6 to 8

Monarch High School
Public9 to 12

Justice High Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

510 Main Street is a multi-family home for sale in Louisville, CO 80027. This property was listed for sale on November 6, 2024 by Cynthia 'Cindie' Reddington, it's currently listed at $1,900,000. It has been on the market for a total of 42 days and was last sold on July 1, 2005. This listing's school district is Boulder Valley Re 2 School District. Nearby schools include Louisville Elementary School, Louisville Middle School and Monarch High School. 510 Main Street is a 8-bed, 4-bath, 3,298 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cynthia 'Cindie' Reddington, Cindie Reddington

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.