$901,777
$875,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
1,650 SqFt
SOLD DATE : 05/13/2022
Key Details
Sold Price $901,777
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $546
Subdivision Sunset Heights
MLS Listing ID 1718679
Sold Date 05/13/22
Style Traditional
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $3,502
Tax Year 2020
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Don't miss this opportunity to own a turnkey income-producing property in an established Westminster neighborhood. Both units are rented and have tenants who've stayed for multiple years. Floor plans are mostly the same with the main floor of each having a living room, kitchen, 2 bedrooms, and a full bath. The basement of Unit #4306 is fully finished with a family room, 2 non-conforming beds (need Egress windows), a 3/4 bath, and a laundry/utility room. The basement of Unit #4308 is fully finished too with a family room, 2 non-conforming beds, a full bath, and a laundry/utility room. Both units have separate exterior entrances to the basements so may be possible to modify for more units (buyer to research post closing) or leave them as-is and rent them as 4 beds, 2 bath each. Many improvements and updates have been made including a newer roof; newer furnaces; newer AC units; newer electrical panels; updated baths; new electrical switches and outlets; new refrigerators in both plus a new stove in Unit #4308, new retaining wall in 2021, more! Each unit also has it's own 8'x16' shed for storage and a 5'x8' shed for owner to store items has the sprinkler clock! Unit #4306 is leased until 05/31/2022 for $2200/month. Unit #4308 is leased through 08/31/2022 for $2350/month. The building has one water meter so landlord pays, divides the bill by 3, and each tenant adds their 1/3 to monthly rent due. Currently has 4 off-street parking spots but if the hedge were removed it could be lengthened and expanded. Sunset Park is across the street for the kiddos and kids at heart! Unit 4308 has a large covered patio with wonderful mountain views! Agent-owned and subject to 1031 Exchange Rules. NO SHOWINGS until accepted contract -- do NOT bother tenants please! Full photo load, 3-D tour, and Video Tour will be installed on Sat., 4/2. Call listor with any questions!
Location
State CO
County Adams
Zoning R4
Rooms
Basement Exterior Entry, Interior Entry
Interior
Interior Features Eat-in Kitchen, Smoke Free
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Linoleum, Vinyl
Fireplace N
Appliance Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator
Laundry In Basement, In Unit
Exterior
Exterior Feature Private Yard, Rain Gutters
Garage Driveway-Gravel, Oversized
Fence Full
Utilities Available Natural Gas Available
View Mountain(s)
Roof Type Composition
Parking Type Driveway-Gravel, Oversized
Total Parking Spaces 4
Garage No
Building
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Harris Park
Middle Schools Shaw Heights
High Schools Westminster
School District Westminster Public Schools
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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