$935,000
$935,000
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8 Beds
4 Baths
3,256 SqFt
SOLD DATE : 02/22/2024
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
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
Story Two
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
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Advantage Realty LLC