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Sold on 04/24/2017
Tom Key of DOMINION REAL ESTATE
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322 S Main St, Lamar, CO 81052

$1,065,000

Last sold 04/24/2017 for $750K

  • 22

    bed

  • 22

    bath

  • 23,040

    Sqft ($33/Sqft)

House not for sale
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About 322 S Main St

Property type House
Year built 1937
HOA fee $0/month
Lot size 0.53 Acre
Movoto estimate
Property description
Attractive Apartments building in Town of Lamar retail district that includes retail frontage space perfect for restaurant (added value/income), spacious floor plans, all beautifully renovated, some units finely furnished, Elevator and Grand winding staircase, laundry equipment owned, near college, across the street from Court house, No Maintenance Deferred. Downtown now experiencing redevelopment of infrastruture , lots of activity. Small town Big Cash Flow, unmatched opportunity in Colorado.
Listed by
Listing Agent - Tom Key
Listing Office - DOMINION REAL ESTATE
Source: REcolorado MLS mls logo
MLS#3324885 • last updated 6 years ago
Movoto checked REcolorado MLS for data 11 minutes ago
Overview
Heating Forced Air, Gas
Levels/Style Multi/Split, Contemporary/Modern, Low Rise
SubType Single Family Residence
Type Residential Income
MLS # 3324885
SqFt 23040
Status Closed
Lot Size (SqFt) 23000
Property Tax 1024
Year Built 1937
Interior
Total # of Bathrooms 22
Total # of Bedrooms 22
Laundry Common Area
Interior Features EatinKitchen
Exterior
Construction Brick
Roof Spanish Tile
Foundation Basement
# Parking Spaces 11
Lot Features Corner Lot
Amenities / Utilities
Security Features Fire Alarm
Location
County Prowers
Subdivision Corner Lot
Elementary School District Lamar RE-2
Middle School District Lamar RE-2
High School District Lamar RE-2
APN 237-036-100
Zoning Multi-family, Multi-family
Directions Denver East I-70 Toward Limon, Exit 40/US 287 (exit 363) And East Ramp Toward Lamar Continuing Toward Lamar.
Walk Score 68
Multifamily Details
# of Units Vacant 2
Total # of Units 22
Expense: Maintenance 2500
Cap Rate 11
Gross Income 188540
Expense: Other 1700
Lot/ Land Details
Road Surface Paved
$1.06M
Range: $596K-$1.53M
Last 30 days 
  • Apr 2017
    mls logo MLS # 3324885
  • Apr 24, 2017 Sold
    $750,000 (+114.3%)
  • Aug 2010
    Public Records
  • Aug 2, 2010 Sold
    $350,000
  • Year Property taxes Tax assessment
  • 2025
    $3,582 +6.0%
    — -100.0%
  • 2024
    $3,379 +1.0%
    $375,002
  • 2023
    $3,345 -7.1%
    $375,002
  • 2022
    $3,602 -3.4%
    $375,002 +528.13%
  • 2021
    $3,728 +5.3%
    $59,701 +4.19%
  • 2020
    $3,540 -0.1%
    $57,301 +11.33%
  • 2019
    $3,543 +259.9%
    $51,470 +262.03%
  • 2018
    $984
    $14,217
  • 322 S Main St
    $750K
  • —
  • 81052
    $170K -10% y/y
  • Lamar
    $172K -12% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
306 S Main St, Lamar, CO 81052 $81,000 —/2 1,206 0.04
410 S Main St, Lamar, CO 81052 $279,000 5/1 2,608 0.08
400 S 5th St, Lamar, CO 81052 $58,000 —/— — 0.08
404 S 5th St, Lamar, CO 81052 $164,000 3/1 918 0.09
406 S 4th St, Lamar, CO 81052 $179,000 —/1 1,721 0.09
406 S 5th St, Lamar, CO 81052 $200,000 3/1 1,925 0.1
408 S 4th St, Lamar, CO 81052 $159,000 —/1 1,253 0.1
100 W 3rd St, , CO 81052 $201,000 —/2 1,848 0.1

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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N/A
Washington Elementary School
public Grades K-2
Lamar Re-2 School District
3/10
Parkview Elementary School
public Grades 3-5
Lamar Re-2 School District
4/10
Lamar Middle School
public Grades 6-8
Lamar Re-2 School District
5/10
Lamar High School
public Grades 9-12
Lamar Re-2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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