Denver, CO 80212,5355 Quitman St
Denver, CO 80212,5355 Quitman St
Denver, CO 80212,5355 Quitman St
Denver, CO 80212,5355 Quitman St
Denver, CO 80212,5355 Quitman St
Denver, CO 80212,5355 Quitman St
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$957,500

$950,000

0.8%
Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,400 SqFt


SOLD DATE : 03/07/2023

Key Details

Sold Price $957,500

Property Type Single Family Home

Sub Type Attached Dwelling

Listing Status Sold

Purchase Type For Sale

Square Footage 3,400 sqft

Subdivision Berkeley Gardens

MLS Listing ID 5752588

Sold Date 03/07/23

Style Ranch

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,400

Originating Board REcolorado

Year Built 1971

Annual Tax Amount $4,728

Lot Size 0.310 Acres

Acres 0.31

Property Description

Excellent investment opportunity near Regis University. Renovated turnkey currently generating $79,200 ($1,650 per unit x 4) of gross revenue all for under a Million! This is a side by side Duplex being operated as a non-conforming Quadplex. 8 beds, 4 baths, 4 kitchens, 4 Livingroom's, 4 washer/dryer hook-ups, 4 entrances, 2 furnaces. Two entrances front upper/ two entrances back lower. Renovated throughout with New roof, new gutters, new windows, new paint, new laminate, newer carpet, renovated bathrooms and kitchens. Two oversized 1-car garages, one currently included in a lease, one available for owner use or lease to tenant for additional income.

Great potential future redevelopment opportunity (large 13,300 lot) to scrape and build two high-end duplex buildings with mountain views (See examples one block to the west on Raleigh). Buyer to verify all future zoning and redevelopment uses.

The EXCLUSIVE 2.5% CRA Incentive Program
5355 QUITMAN ST is located in a "low" or "moderate" income federal census tract. This allows buyers to potentially qualify for 2.5% pricing incentive based on the loan amount. Only federal banks are required to meet the strict guidelines as part of the Community Reinvestment Act.
Guardian Mortgage is offering a 2.5% pricing incentive on MOST loan types for your listing. This incentive significantly lowers closing costs, allowing the borrower more flexibility. There is no cost to this to the buyer or the seller for participation with this incentive. The only requirement is that the buyer finances through Guardian Mortgage. Investors and second-home buyers are also potentially eligible with certain qualifications.
If the pricing incentive is applied to buy down the interest rate on a 30-year fixed rate mortgage, then savings can be significantly below standard rate options available in the market!
Please reach out with any questions,
Ryan DeSchryver
Mortgage Branch Manager
NMLS #582899
RyanD@gmc-inc.com
C:(208) 755-1088

Location

State CO

County Adams

Area Metro Denver

Zoning R-2

Interior

Heating Forced Air

Appliance Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available, Cable Available

Roof Type Composition

Porch Deck

Building

Story 1

Foundation Slab

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Tennyson Knolls

Middle Schools Scott Carpenter

High Schools Westminster

School District Westminster Public Schools

Others

Senior Community false

SqFt Source Assessor

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Information and Real Estate Services (IRES)
Listed by Real Broker LLC • 720-807-2890

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Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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