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$610,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 9 days ago
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10.1% cap rate on a mixed use building in downtown Burlington featuring 6 apartment units and 2 commercial spaces all fully occupied. Burlington is in high demand for rentals as wind energy and gas pipeline employees are moving to the area at an unprecedented rate. Opportunity for increased NOI with about half of the current apartments units being leased at below market rents. Current owner has updated/remodeled all apartments, installed new mini split hvac systems, installed a new commercial wifi monitored hot water heater, and invested in a ton of miscellaneous upgrades over the last three years of ownership. Additional income with coin laundry located on second floor. Please reach out to listing agent to schedule viewing - please do not bother tenants.

Full Property Details for 403 5 14th St

General

  • Price: $610,000
  • Taxes: $2,237 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MetroList_Colorado
  • MLS ID: 4587959
  • Updated: 1/6/2026
  • Added to Site: 10 day(s) ago

Interior

  • Interior Features: High Ceilings, Kitchen Island, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Self Cleaning Oven, Washer
  • Flooring: Carpet, Laminate, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Common Area

Parking

  • Total Spaces: 4

Location

  • County: Kit Carson
  • Subdivision: Downtown Burlington

School Information

  • Elem School District: Burlington RE-6J
  • Midd School District: Burlington RE-6J
  • High School District: Burlington RE-6J
  • Elementary School: Burlington
  • Middle School: Burlington
  • High School: Burlington

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Room Air Conditioning, Other
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Quadruplex
  • Construction: Brick, Stucco
  • Basement Desc.: Cellar
  • Roof: Other
  • Common Walls: End Unit
  • Unit on End: Yes
  • Square Feet: 6,521
  • Sq. Ft. Source: Public Records
  • Living Area: 6,521 Sq. Ft.
  • Year Built: 1904
  • Property Condition: Updated/Remodeled

Financial Considerations

  • Operating Expenses: Insurance, Internet, Maintenance, Real Estate Tax, Utilities
  • Tax Amount: $2,237
  • Tax Year: 2023
  • Terms: 1031 Exchange, Cash, Conventional
  • Owner Pays: Electricity, Exterior Maintenance, Insurance, Internet, Taxes, Water
  • Tenant Pays: Gas

Disclosures and Reports

  • Ownership: Corporation/Trust
  • Special Conditions: None
  • Legal Description: SUBDIVISION BURL NEW BLOCK 22 LOT 13-14
  • Exclusions: tenants personal property
  • Property ID: 34022007

Listed by Eisenhard Realty Group

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Listing agent

— 403 5 14th St —

  • Eisenhard Realty Group

chris.eisenhard@gmail.com,303-349-5035

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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Listed by Eisenhard Realty Group

Recent Sales near 403 5 14th St

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340 Judy, Burlington, CO 80807 - Photo 1 Sold
$574,000

340 Judy  Burlington, CO 80807

  • Single Family
  • Closed
  • 6
    Beds
  • 5
    Total Baths
  • 5,098
    Sq. Ft.
  • MLS # 7347885
Listed and Sold by Sunrise Land Company LLC

403.5 14th Street, Burlington, CO 80807 (MLS# 4587959) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 403.5 14th Street is currently listed for $610,000 and was received on January 05, 2026. Want to learn more about 403.5 14th Street? Do you have questions about finding other Multi-Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

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