Property summary
This exceptional investment opportunity encompasses three multi-family buildings situated in the heart of historic downtown Victor, Colorado, within the Cripple Creek Victor Mining District and the Gold Belt National Scenic Byway. The property consists of a 4-plex (7 bedrooms, 4 bathrooms), a duplex (4 bedrooms + loft, 2 bathrooms), and a 5-plex (7-8 bedrooms + loft, 5 bathrooms), totaling approximately 10,298 square feet on a substantial 17.42-acre lot. Currently occupied with tenants, these buildings offer immediate rental income and significant upside potential. Each building features "storefront" units suitable for retail, office, or commercial use, presenting diverse income streams. The property includes a separate lot and a garage. The town of Victor provides a complimentary architect for planning renovations or additions, facilitating expansion and further income generation. Located just five miles from Cripple Creek and a convenient 45-minute drive from Colorado Springs and Pikes Peak, this property benefits from a prime location and strong tourism appeal. This rare opportunity allows for immediate income and substantial long-term growth in a thriving historic district. The asking price is $975,000.
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6 recent transactions · within 1.5 miComparable in this City
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