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Sold on 09/29/2022

418 Edison St, Brush, CO 80723

$1,200,000

Last sold 09/29/2022 after 408 Days

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    bed

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    bath

Multi-family not for sale
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About 418 Edison St

Property type Multi-family
Year built 1914
HOA fee $0/month
Lot size 0.64 Acre
Property description
Own this historic building anchoring Downtown Brush in an opportunity zone where new investment may be eligible for preferential tax treatment. In addition to the 12 fully rented apartments, this property can generate new income from multiple, currently unused/under used spaces: OFFICES at the Carroll: The private offices have been self used to run multiple businesses not associated with the building. With the oversized parking lot, this space could be occupied by any business looking for highly visible downtown offices. GHOST KITCHEN at the Carroll: The commercial kitchen is bright, clean, well built and ready for your projects. Connect with the community to create and sell culinary delights. QUIRT at the Carroll: The hand laid tile floor in the Quirt has been under the feet of lounge goers and hotel patrons since the 1930s. Brush was home to one of the first horse race tracks in Colorado. The Quirt at the Carroll served all of Brush and the racing community through the 1960s.
Listed by
Listing Agent - Michael Salza
Listing Agent Contact: 9702255152
Listing Office - C3 Real Estate Solutions, LLC
Source: IRESMLS mls logo
MLS#948781 • last updated 10 months ago
Movoto checked IRESMLS for data 20 minutes ago
Overview
Heating Forced Air, Radiant, Radiator, 2 Or More Heat Sources, Common, Individual Heat Source
MLS # 948781
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.64
Annual Tax 3851
Interior
Basement Slab
Accessibility Features Level Lot, Width Of Hallways 42" Or More, Low Carpet, Exterior Door Openings 36" Plus, Other, Accessible Elevator Installed
Exterior
Building Features Public Elevator, Storage On Site, Paved Parking
Roof Metal, Rubber
Construction Brick, Block
Lot Features Corner Lot, Level, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Fencing Partial
Amenities / Utilities
Green Features: Energy Efficiency Windows
Utilities Natural Gas Available, Electricity Available, Cable Available, Master Meter-Electric, Master Meter-Gas, Separate Meter Electricity, Separate Meter Gas, 200V Electric, High Speed Avail
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Some Furniture
Location
View City, Panoramic
County Morgan
Subdivision Brush Original Town
Middle School Brush
High School District Brush RE 2J
APN 123103406014
Directions From I-76 E Exit CO-71 S/Colorado Ave And Follow Colorado Ave South Towards, Edison St. Right On Edison St, Building Will Be On The Left.
Multifamily Details
Tenant Pays Deposit, Electricity
Cap Rate 7.53
Operating Expense 53873
Gross Income 148037
Lot/ Land Details
Possible Use Multi-Family, Business, Commercial, Additional Units, Industrial
Road Frontage City Street, Highway
Road Surface Asphalt
  • Sep 2022
    mls logo MLS # 948781
  • Sep 29, 2022 Sold
    $1,200,000
  • Jun 2, 2022 Price Change
    $1,250,000 (-15.3%)
  • Apr 13, 2022 Price Change
    $1,475,000 (-9.2%)
  • Aug 17, 2021 Listed
    $1,625,000
  • Sep 2022
    Public Records
  • Sep 29, 2022 Sold
    $1,200,000 (-4.0%)
  • Aug 2022
    mls logo MLS # IR948781
  • Aug 8, 2022 Active
    —
  • Aug 17, 2021 Listed
    $1,625,000
  • Year Property taxes Tax assessment
  • 2024
    $5,141 +0.5%
    $53,040 +24.36%
  • 2023
    $5,114 +15.6%
    $42,650 -4.88%
  • 2022
    $4,425 -3.6%
    $44,840
  • 2021
    $4,592 +13.7%
    $44,840 +13.92%
  • 2020
    $4,039
    $39,360
  • 418 Edison St
    $1.2M
  • —
  • 80723
    $400K +14% y/y
  • Brush
    $400K +13% y/y
No chart available
Statistics calculated by Movoto

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N/A
Thomson Primary School
public Grades PK, K-2
Brush Re-2(J) School District
N/A
Beaver Valley Elementary School
public Grades 3-5
Brush Re-2(J) School District
N/A
Brush Middle School
public Grades 6-8
Brush Re-2(J) School District
7/10
Brush High School
public Grades 9-12
Brush Re-2(J) School District
Source: GreatSchools.org © 2026. All rights reserved.

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