Listing Details
- MLS#: 6109113
- MLS Originator: REcolorado (Denver)
- Property Type: Incomes Property
- Property Subtype: Quadplex
- Status: Sold
- Price: $800,000
Property Details
- Bedrooms: 8
- Bathrooms: 4
- Sqft: 3518.00
- Acres: 0.19
- Year Built: 1962
- Parking Count: 1
One of the best multi-unit investor deals! Prime Westminster location, a desirable Skyline Plaza neighborhood near Regis University and Hyland Hills Recreation Center. This bi-level property has 2 units of 2 bed-1 bath and 2 units with 3 bed-1 bath. Units are equipped with cable, refrigerator, stove, and oven. This prime location provides easy access to Downtown, Boulder, Light Rail and Westminster Art District, and commuter highway access to I-36 and I-25. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $48,200. Projected Annual Net Income of $61,400 and Cap Rate of 7.6% advertised is based on conservatively increased rents. All four units have great tenants and have maintained the property very well. All of the furnaces have been replaced in the last 5 years. A coin-operated laundry brings in about $200 per month in additional income. The 4 bathrooms have all been updated. Come get this great rental property for any buyer! PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO QUESTIONS AND SUBMIT ALL CONTRACTS' TO ROXANE@MYHOMETEAMDENVER.COM.
Load & Tax Information
- Previous Year Tax: $ 5,079
- Tax Year: 2020
Heating, Ventilating & Air Conditioning
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