$975,000
$1,045,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
4 Baths
5,276 SqFt
SOLD DATE : 10/07/2022
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,276 sqft
Price per Sqft $184
Subdivision Sable Village Filing 1
MLS Listing ID 7278364
Sold Date 10/07/22
Bedrooms 14
HOA Y/N No
Originating Board recolorado
Year Built 1978
Annual Tax Amount $5,282
Tax Year 2021
Lot Size 0.290 Acres
Acres 0.29
Property Description
RARE GEM! This triplex is truly an astounding opportunity for the new or seasoned residential rental investor! The home boasts of three homes side by side with full finished basements, private garages, and spacious enclosed yards for each unit. The basement living quarters paired with the upstairs are perfect for blended families or mother-in-law housing, allowing the investor to capitalize on the square footage of the home and maximize the rents. All three units have full basements, with two of the three sporting a full kitchen, individual laundry room and private entrances. Possibly could be used as a short term rental opportunity. The property alone has five kitchens, 14 bedrooms, 6 full bathrooms and a front porch ideal for creating community among the tenants. It is in an ideal location close to Anschutz Medical Campus drawing renters from the medical community. This property showcases a revenue of over $9,000 a month with a strong upside potential. The area is becoming more affluent with several new condos within blocks of this property. The sky's the limit with this property especially for the investor who is looking for a generous monthly cash flow opportunity. Pair this property with the triplex next door, also for sale, to maximize the management and oversight of both. Special financing arrangement available with the current property lender.
Location
State CO
County Adams
Rooms
Basement Cellar, Exterior Entry, Finished, Full, Interior Entry
Interior
Interior Features Ceiling Fan(s), Granite Counters
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate, Tile
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Gas Water Heater, Oven, Refrigerator
Laundry In Basement, In Unit, Laundry Closet, Main Level, Multiple Locations
Exterior
Exterior Feature Private Yard, Rain Gutters
Garage Concrete
Garage Spaces 3.0
Utilities Available Cable Available, Electricity Connected
Roof Type Composition
Parking Type Concrete
Total Parking Spaces 3
Garage No
Building
Lot Description Corner Lot, Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick, Frame
Schools
Elementary Schools Sable
Middle Schools North
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Agent Owner
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 HomeSmart