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2932 Eliot CIR Westminster, CO 80030
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Key Details
Sold Price $1,399,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,036 sqft
Price per Sqft $198
MLS Listing ID 8855178
Sold Date 03/13/26
HOA Y/N No
Year Built 1962
Annual Tax Amount $4,950
Tax Year 2024
Property Sub-Type Multi Family
Source recolorado
Property Description
Prime small-multifamily opportunity in Westminster, CO—two side-by-side 4-plexes, 8 units total, each building approximately 3,518 SF. Because these are two separate 4-unit buildings, buyers may be able to take advantage of Fannie Mae financing, creating more flexibility in loan structure, down payment, and long-term hold strategy compared to larger commercial multifamily.
Built in 1962 and situated in an R-4 zoned area, the property is currently 50% occupied, giving investors a blend of immediate income and clear value-add upside through lease-up and repositioning. Located in a strong Westminster rental corridor, this is an excellent fit for investors looking to scale their portfolio with finance-friendly, small-balance multifamily in a high-demand market.
Location
State CO
County Adams
Zoning R-4
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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