Westminster, CO 80031,8803 Circle DR #1-6
Westminster, CO 80031,8803 Circle DR #1-6
Westminster, CO 80031,8803 Circle DR #1-6
8
$820,000
$925,000
11.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4,722 SqFt

8803 Circle DR #1-6 Westminster, CO 80031

Est. payment /mo
SOLD DATE : 06/05/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $820,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,722 sqft

Price per Sqft $173

MLS Listing ID 5832583

Sold Date 06/05/25

HOA Y/N No

Year Built 1962

Annual Tax Amount $8,587

Tax Year 2024

Lot Size 0.253 Acres

Acres 0.25

Property Sub-Type Multi Family

Source recolorado

Property Description

Unit Breakdown:

• 6 units in total:

• 2 x 1-bedroom, 1-bath units

• 4 x 2-bedroom, 1-bath units

• Each unit has its own exterior entrance and an off-street parking space.

Construction:

• Built in 1962

• Constructed of brick

• Amenities:

• Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only

• A mix of vinyl flooring, tile, and carpeting

• On-site laundry facilities

• Sprinkler system

• Tankless hot water heater

• Boiler replaced in 2024

• Unit 2 was recently Mitigated (March 2025) due to water intrusion

Parking:

• Parking off street for tenants.

Occupancy

• The property is fully occupied, with leases expiring in March 2026.

Condition & Potential:

• The property is being sold as-is.

• Some improvements and maintenance may be needed, but with proper updates, rents could be increased.

• Location & Market Conditions:

• Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in.

• Close proximity to schools, public transportation, highway access, and other amenities.

This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.

Location

State CO

County Adams

Zoning R-3

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Wood Siding

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less


REColorado (REColorado MLS)
Listed by HomeSmart
Bought with RE/MAX Alliance

GET MORE INFORMATION

agent

Calley Berken

Broker | License ID: 40014008

+1(303) 829-1831

Name
Phone*
Message