$810,000
$800,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,518 SqFt
SOLD DATE : 10/28/2021
Key Details
Sold Price $810,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,518 sqft
Price per Sqft $230
Subdivision Skyline Plaza
MLS Listing ID 6109113
Sold Date 10/28/21
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $5,079
Tax Year 2020
Lot Size 8,276 Sqft
Acres 0.19
Property Description
One of the best multi-unit investor deals! Prime Westminster location, a desirable Skyline Plaza neighborhood near Regis University and Hyland Hills Recreation Center. This bi-level property has 2 units of 2 bed-1 bath and 2 units with 3 bed-1 bath. Units are equipped with cable, refrigerator, stove, and oven. This prime location provides easy access to Downtown, Boulder, Light Rail & Westminster Art District, and commuter highway access to I-36 and I-25. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $48,200. Projected Annual Net Income of $61,400 and Cap Rate of 7.6% advertised is based on conservatively increased rents. All four units have great tenants and have maintained the property very well. All of the furnaces have been replaced in the last 5 years. A coin-operated laundry brings in about $200 per month in additional income. The 4 bathrooms have all been updated. Come get this great rental property for any buyer! PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO QUESTIONS AND SUBMIT ALL CONTRACTS' TO [email protected].
Location
State CO
County Adams
Zoning INC
Interior
Heating Baseboard
Cooling Other
Flooring Carpet, Laminate
Fireplace N
Appliance Oven, Range, Refrigerator
Exterior
Roof Type Rolled/Hot Mop
Total Parking Spaces 8
Garage No
Building
Lot Description Cul-De-Sac
Story Multi/Split
Sewer Public Sewer
Level or Stories Multi/Split
Structure Type Brick, Frame
Schools
Elementary Schools Skyline Vista
Middle Schools Scott Carpenter
High Schools Westminster
School District Westminster Public Schools
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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