$935,000
$935,000
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8 Beds
4 Baths
3,256 SqFt
SOLD DATE : 02/22/2024
Key Details
Sold Price $935,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Subdivision South Denver
MLS Listing ID 3013950
Sold Date 02/22/24
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,256
Originating Board REcolorado
Year Built 1968
Annual Tax Amount $4,031
Lot Size 6,969 Sqft
Acres 0.16
Property Description
****SELLER HAS INCREASED THE SALES PRICE DUE TO UPGRADING ELECTRICAL SERVICE (INTERIOR & EXTERIOR PANELS) AND ALL TO CODE!!
Four-Plex Apartment Building FOR SALE near Monaco & Evans - SELLER FINANCING AVAILABLE - 6 Off-Street Parking Spaces - Southeast Denver Location
This 4-Unit apartment property is an ideal opportunity for a first-time Investor. This investment provides a perfect situation for an investor to live in one unit and enjoy the cash flow from the remaining three units. Located in a well-established neighborhood.
***SELLER FINANCING AVAILABLE
FOR SALE PRICE: $905,000.00 ($226,000 per unit) with possible owner-carry terms. 1st loan is assumable in the approximate amount of $188,000 at 4.25% interest fixed until 5/5/25; seller would also carry a 2nd loan at 5.0% only for 3-5 years.
Building Highlights:
- Four (4) total units; 814 SF per Unit
- Zoning R2-A
- Brick Construction
- Built in 1968
- Separately Metered Electric Paid by Tenants
- Heat, Sewer/Water, Etc. Paid by Tenants as a Reimbursement
- Hot Water Baseboard Heat
- Front and Back Entries to Each Unit
- Washer/Dryer Hook-ups in each Unit
- Southeast Location (Near Monaco & Evans)
- 6-Off Street Parking Spaces
Location
State CO
County Denver
Area Metro Denver
Zoning R-2A
Interior
Heating Baseboard
Appliance Dishwasher, Refrigerator, Disposal
Exterior
Garage Spaces 6.0
Roof Type Other
Building
Faces West
Story 2
Sewer City Sewer, Public Sewer
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Bradley
Middle Schools Hamilton
High Schools Thomas Jefferson
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
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Bought with Keller Williams Advantage Realty LLC
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