$910,000
$900,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,444 SqFt
SOLD DATE : 05/27/2022
Key Details
Sold Price $910,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,444 sqft
Price per Sqft $372
Subdivision Speer
MLS Listing ID 4204209
Sold Date 05/27/22
Style Tudor
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,444
Originating Board recolorado
Year Built 1931
Annual Tax Amount $4,766
Tax Year 2021
Acres 0.04
Property Description
Solid brick 4-plex in exceptionally high demand location(2 blocks off S Broadway and 12 blocks from Wash Park). Location offers easy access to bus, light rail, I-25 and downtown Denver. Value add opportunity for the savvy investor as the rents have not been brought up-to-date for years. Building has historic charm with solid wood floors, trim and windows. Unit #1 includes an unfinished basement with an additional 600 sq. ft. of space. An easy property to step into cash flow and with room to increase rents right away. The roof and the two furnace motors were replaced a few years ago. There is ample street parking spaces available. This is a low maintenance investment with no exterior landscaping to take care of. Check out the virtual tour at https://www.virtuance.com/listing/115-e-cedar-ave-denver-colorado. No showings until after accepted contract and earnest money delivered.
Location
State CO
County Denver
Zoning U-TU-B2
Rooms
Basement Cellar, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Appliance Oven, Refrigerator
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level, Near Public Transit
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Lincoln
Middle Schools Grant
High Schools South
School District Denver 1
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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT