$1,200,000
$1,275,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
5 Baths
2,917 SqFt
SOLD DATE : 09/18/2024
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,917 sqft
Price per Sqft $411
Subdivision University Park
MLS Listing ID 6527320
Sold Date 09/18/24
Bedrooms 7
HOA Y/N No
Originating Board recolorado
Year Built 1950
Annual Tax Amount $6,833
Tax Year 2023
Property Description
Perfect property for rental investors and/or condo converters! 2045 S Josephine St. is a classic 1950’s Denver property located in the highly desirable and prestigious neighborhood of DU. The location doesn’t get better being just 1 block off DU campus, and close to popular restaurants, retail, and bars. The property consists of 4 units with a favorable unit mix for the location of (2) 1bed/1bath, (1) 2bed/1bath, and (1) 3bed/1.5bath units. There is onsite laundry and private patios for tenants to enjoy. Units are separately metered for gas and electric with individual furnaces and hot water heaters. Additionally, the units are in a side-by-side layout which is not only preferred by tenants but also creates the opportunity to convert these units to condos and sell individually.
Location
State CO
County Denver
Zoning G-MU-5
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher, Dryer, Washer
Laundry Common Area
Exterior
Garage Spaces 2.0
Roof Type Architecural Shingle
Total Parking Spaces 4
Garage Yes
Building
Lot Description Level
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools University Park
Middle Schools Merrill
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, 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 NorthPeak Commercial Advisors, LLC