Three-Unit Studio
For Sale
$525,000
416 2nd Ave Unit 1 2 3, Lyons, CO 80540
All three residences are currently rented, with a remodeled middle unit.
Property Size732 SF
Lot Size0.31 Acres
Price / SF$717.21
Days on Market24
Property Features for 416 2nd Ave Unit 1 2 3
General Information
Standard status
Active
Size
732 SF
Lot size
0.31 Acres
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
3 x studio
Multifamily Units
3
Building Details
Year Built
1946
Construction
cabin-style
Listing Agency:
LoKation-Tucker Group Real Estate
Listed By:
Matt Ferren 3038178416
(303) 827-5608
Source:
Denverrealestatesearch
Added: Sep 21
Changed: Oct 10
Last Checked: Oct 12 at 8:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LoKation-Tucker Group Real Estate
Investment Insights
Based on property information with market context.
This 1946 triplex in Lyons contains three cabin-style studio residences, each with a bathroom, refrigerator, and stove or range. Two units measure approximately 252 square feet apiece, while the third is approximately 228 square feet. The middle residence received a full remodel in 2022, and all three units are currently rented.
The property occupies a 0.31-acre lot at 416 2nd Ave. Expansion of the existing units or the addition of another unit or an ADU may be possible, subject to Town of Lyons zoning and approvals.
The property occupies a 0.31-acre lot at 416 2nd Ave. Expansion of the existing units or the addition of another unit or an ADU may be possible, subject to Town of Lyons zoning and approvals.
Key Highlights
- Three studio units, all currently rented
- Two units are approximately 252 square feet each; the third is approximately 228 square feet
- Middle unit completely remodeled in 2022
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
Demographics for 80540, CO
4,710
Population
2,510
Households
1.9
Avg Household Size
49
Median Age
61%
College-Educated
98%
High-School Grad
152.8 sq mi
ZIP Area
31
Density / Sq Mi
$136,109
Median Household Income
$76,495
Median Earnings
$2,016
Median Rent
$787,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - All three residences are currently rented, with a remodeled middle unit.
Where is this triplex located?
The property is located at 416 2nd Ave Unit 1 2 3 Lyons, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three studio units, all currently rented; Two units are approximately 252 square feet each; the third is approximately 228 square feet; Middle unit completely remodeled in 2022
