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204 Victor Ave Victor, CO 80860

For Sale
$975,000

Three buildings, high rental income potential.

Property size:
10,298 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
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.

Property Features for 204 Victor Ave

General Information

Property type
Residential income properties
Square Feet
10,298 SF
Lot Size
75,881,520 SF

Building Details

Year Built
1899

Location Intelligence

Current Use by Public Records

Multifamily properties

Map

City
Victor
County
Teller
State
Colorado
Longitude
-105.1394
Latitude
38.70983

FAQs

What type of property is this?
Residential income property - Three buildings, high rental income potential.
Where is this residential income property located?
The property is located at 204 Victor Ave Victor, CO.
What is the asking price?
The asking price for this property is $975,000.
More about this property
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