$696,250
$719,900
3.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,328 SqFt
SOLD DATE : 01/05/2021
Key Details
Sold Price $696,250
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,328 sqft
Subdivision Congress Park
MLS Listing ID 7791184
Sold Date 01/05/21
Style Cottage/Bung
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 2,476
Originating Board REcolorado
Year Built 1910
Annual Tax Amount $3,010
Lot Size 3,920 Sqft
Acres 0.09
Property Description
SHOWING WINDOW SUNDAY 12-1PM. Fantastic Investment Property. Fully rented near market rate rents with the potential of increasing rents. Basement has its own exterior entrance, so could potentially be converted into its own studio or 1 bedroom unit to increase the rents and increase the cap rate to about 7.5%. Buyer to confirm with zoning requirements. Great neighborhood, close to parks, public transportation, restaurants, breweries, music venues and local shops. Both units recently updated. Main floor unit has large living room, dining room, open and updated kitchen with granite counters, stainless steel appliances and breakfast bar. It has 2 bedrooms and updated bathroom on the main floor and a finished basement that can act as a 3rd non-conforming bedroom or large family room. The laundry and utility/storage room is also in the basement. This unit also has a mud room and access to the backyard which features a large patio and fenced in yard. The upper unit features a living room, small dining area and updated kitchen with newer cabinets, granite counter tops and stainless steel appliances. This unit has an updated 3/4 bath. Major Systems have been updated in last 10 years to include roof, furnace, water heater and sewer lines.
Location
State CO
County Denver
Area Metro Denver
Zoning U-RH-3A
Direction Located on corner of 15th ave and Monroe, next to Cerebral Brewery.
Rooms
Basement Partial, Partially Finished
Interior
Interior Features Cathedral/Vaulted Ceilings, Open Floorplan
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplaces Type Gas, Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave
Exterior
Garage Spaces 1.0
Fence Fenced
Utilities Available Electricity Available
Roof Type Composition
Porch Patio
Building
Lot Description Gutters, Lawn Sprinkler System
Faces East
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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