$550,000
$559,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
4,124 SqFt
SOLD DATE : 02/18/2022
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,124 sqft
Price per Sqft $133
MLS Listing ID 2801428
Sold Date 02/18/22
HOA Y/N No
Originating Board recolorado
Year Built 1964
Annual Tax Amount $5,461
Tax Year 2020
Lot Size 0.340 Acres
Acres 0.34
Property Description
PART OF A PORTFOLIO
This quadplex has undergone significant renovations and is 100% occupied producing excellent cash flow! Perfect as a stand-alone investment or can be paired with the triplex next door for seven units and a total lot size of 1/2 acre. Current owner has left some opportunity for further improvements such as shared laundry and exterior storage to push rents higher. The Dahlia Apartments total seven units across two properties immediately adjacent to each other. These units are 100% occupied and have renovated interiors that pull excellent rental figures within the area. With fourteen plus parking spaces across the two properties and quick access to I-76, Route 2 and I-270, tenants have excellent flexibility commuting to all major job centers.
Location
State CO
County Adams
Rooms
Basement Partial
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Garage Spaces 2.0
Roof Type Composition
Total Parking Spaces 18
Garage Yes
Building
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Monaco
Middle Schools Adams City
High Schools Adams City
School District Adams 14
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Khaya Real Estate LLC