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$5,800,000

For Sale

5 months ago

101 Gregory St, Central City, CO

House

MLS® 6899109

0 Bed

0 Bath

--

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage Yes
Taxes $2,354
Days Active 163
Lot Size 
Approx. Age 2025
MLS® Number 6899109

Property Address: 101 Gregory St, Central City, CO, 80427-9990

Average square foot calculated using Size range provided by listing agent.

Description

Located in downtown Central City Colorado, The Knights Pythias building is a newly constructed 18 unit apartment building that was built and completed in 2025. Built on top of the old Knights Pythias building this property boasts 18 unique apartments that blend new modern luxuries with old world charm. All units have brand new finishes, washer and dryers in each unit, elevator access, outdoor decks, some historic windows and downtown Central City and Mountain Views. There is free covered parking right across the street owned by the city. Gallup construction has agreed to manage the building for a 5% fee. This is advantageous as Gallup is the developer/builder and knows the building inside and out. The whole building is covered under a 1 year warranty. Additionally, one of the units is leased to a maintenance guy who will work on any maintenance requests by the tenants and will receive a $250 a month break in rent for doing so. This building will run very efficiently and cost effectively as there is virtually no common area, no parking and very minimal sidewalks for snow removal. There is also roughly $550, 000 of bonus depreciation that the new buyer can benefit from under the new "Big Beautiful Bill" that was signed this year (talk to your accountant to confirm this).
MLS® Number6899109
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2025
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 24, 2025List Date
$5,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
101 Gregory St, Central City, CO

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