For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $287
Subdivision South Denver
MLS Listing ID 3013950
Sold Date 02/22/24
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,256
Originating Board recolorado
Year Built 1968
Annual Tax Amount $4,031
Tax Year 2022
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
Zoning R-2A
Interior
Heating Baseboard
Cooling None
Fireplace N
Appliance Dishwasher, Disposal, Oven, Range, Refrigerator
Laundry In Unit
Exterior
Roof Type Unknown
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Bradley
Middle Schools Hamilton
High Schools Thomas Jefferson
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Owner Will Carry, Qualified Assumption
Listing Terms Cash, Conventional, Owner Will Carry, Qualified Assumption
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Advantage Realty LLC
GET MORE INFORMATION