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Denver,CO 80204
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $344
Subdivision Villa Park
MLS Listing ID 9078375
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 2,700
Originating Board REcolorado
Year Built 1955
Annual Tax Amount $2,372
Property Description
Property has a solid 6.3% cap rate and is in a prime location!
Complex has had extensive remodeling done within the last few years making it easy to find tenants. Unique unit mix with a 3 bedroom, 2 bedroom and 1 bedroom. Three bedroom and two bedroom have been rented to long term tenants while the 1 bedroom is renting through air BNB as a furnished unit. This location has a lot going for it including the Perry light rail station, playground, trails, basketball court and even a frisbee golf course right in it's backyard!
Development is happening across the street as this makes for a great asset now and into the future.
Would make for a great house hack where the buyer could live in the 1 bedroom or the 3 bedroom when tenants lease ends in April.
Unit 1 is outfitted with a mini split providing heating and cooling while saving you energy costs. The other units share a furnace and utilize one thermostat.
The one bed was averaging closer to $2,500 a month before we switched over month plus length due to Denver rules; if house hacked you could rent it as you want.
We currently own the property neighboring to the North of this one if someone was interested in purchasing both.
Location
State CO
County Denver
Area Metro Denver
Zoning E-TU-C
Direction From 6th go North on Perry until you cross W. 10th Ave, unit is on the right
Rooms
Other Rooms Outbuildings
Basement Full
Interior
Interior Features Pantry
Heating Forced Air,Heat Pump
Cooling Room Air Conditioner,Ceiling Fan(s)
Fireplaces Type None
Fireplace false
Exterior
Garage Spaces 7.0
Roof Type Other
Street Surface Dirt
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Faces West
Story 2
Sewer City Sewer,Public Sewer
Level or Stories Two
Structure Type Wood/Frame,Brick/Brick Veneer,Vinyl Siding,Concrete
New Construction false
Schools
Elementary Schools Eagleton
Middle Schools Strive Lake
High Schools North
School District Denver 1
Others
Senior Community false
Special Listing Condition Other Owner