Golden, CO 80403,11348 Ranch  Elsie RD
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Golden, CO 80403,11348 Ranch  Elsie RD
Golden, CO 80403,11348 Ranch  Elsie RD
Golden, CO 80403,11348 Ranch  Elsie RD
Golden, CO 80403,11348 Ranch  Elsie RD

$625,000

Est. payment /mo

$664,000

5.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11348 Ranch Elsie RD Golden, CO 80403

3 Beds

2 Baths

2,125 SqFt

SOLD DATE : 07/31/2023

Key Details

Sold Price $625,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,125 sqft

Price per Sqft $294

Subdivision Blue Mountain View

MLS Listing ID 7699287

Sold Date 07/31/23

Style A-Frame

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 2,125

Originating Board recolorado

Year Built 1954

Annual Tax Amount $2,810

Tax Year 2022

Lot Size 1.100 Acres

Acres 1.1

Property Description

*Seller Financing Available* -- ~$50k down. Assume a 2.99% interest rate loan of about $460,000. 5.5% interest seller financing on remaining equity.

AirBnb Investors… this one is for you! All furniture and AirBnb assets included. Nestled in the foothills of Golden, this property is in unincorporated Jefferson County. What does that mean? You aren’t subject to the same AirBnb restrictions as Golden. All you need is an easy-to-get permit to legally run an AirBnb at this property.

In 2022, gross revenue was $83,000 and $50,000 of EBITDA (income before interest). Please see attached documents for 2022 P&L.

Take advantage of this rare opportunity where you can leverage a DSCR loan using the income from the current AirBnb.

Whether you’re looking for some sought after cash flow or looking for a mountain home paid for by your guests, this property is certainly worth taking a look!

The roof was replaced in 2021 and all of the necessary property adjustments have been made to adhere to Jefferson County's short term rental permitting process. This included removing 30+ trees, putting in a concrete staircase, a railing, and fireproofing the home.

Location

State CO

County Jefferson

Zoning A-1

Rooms

Basement Crawl Space

Main Level Bedrooms 1

Interior

Heating Forced Air, Natural Gas, Wood Stove

Cooling Other

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway-Gravel, Lighted

View Mountain(s)

Roof Type Architecural Shingle

Total Parking Spaces 4

Garage No

Building

Sewer Septic Tank

Water Private

Level or Stories One

Structure Type Frame, Wood Siding

Schools

Elementary Schools Coal Creek Canyon

Middle Schools Coal Creek Canyon

High Schools Ralston Valley

School District Jefferson County R-1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by eXp Realty, LLC • Craig@thefiteam.com,508-873-8090
Bought with Kentwood Real Estate City Properties

Jim Cavoto

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+1(720) 692-6563

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