About 403.5 14th Street
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.
Features of 403.5 14th Street
| MLS® # | 4587959 |
|---|---|
| Price | $610,000 |
| Bedrooms | 7 |
| Bathrooms | 6.00 |
| Square Footage | 6,521 |
| Year Built | 1904 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 403.5 14th Street |
|---|---|
| Subdivision | Downtown Burlington |
| City | Burlington |
| County | Kit Carson |
| State | CO |
| Zip Code | 80807 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | High Ceilings, Kitchen Island, Vaulted Ceiling(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Self Cleaning Oven, Washer |
| Heating | Electric, Forced Air |
| Cooling | Air Conditioning-Room, Other |
| Fireplace | No |
| Stories | Two |
| Basement | Cellar |
Exterior
| Roof | Other |
|---|
School Information
| District | Burlington RE-6J |
|---|---|
| Elementary | Burlington |
| Middle | Burlington |
| High | Burlington |
Additional Information
| Date Listed | January 6th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Eisenhard Realty Group |
|---|---|
| Contact Info | chris.eisenhard@gmail.com,303-349-5035 |
| Contact | chris.eisenhard@gmail.com,303-349-5035 |