$1,287,500
$1,300,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
6 Baths
4,840 SqFt
SOLD DATE : 06/14/2022
Key Details
Sold Price $1,287,500
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $266
Subdivision Elyria-Swansea
MLS Listing ID 4707149
Sold Date 06/14/22
Bedrooms 10
HOA Y/N No
Originating Board recolorado
Year Built 2020
Annual Tax Amount $3,424
Tax Year 2021
Property Description
NEW BUILD - INCOME PRODUCING QUADPLEX with 4 separate living spaces. (Both sides of the quadplex have fully finished/ separate walk-out basements). This is a rare turnkey investment opportunity in an up-and-coming Swansea neighborhood. This quadplex is a solid cash-flowing multifamily investment that will also realize the appreciation benefits of the I-70 expansion and surrounding redevelopment that is currently in the works. For maximum cash flow, there is an opportunity for medium-term rental or Airbnb.
BREAKDOWN: Each unit (A + B) has 5-bedrooms (an upstairs true master suite + 4 other bedrooms), 2 kitchens, 3 baths, 2 washers & dryers, and 2 detached 1-car garages.
Zoning: U-TU-B. Buyer to verify zoning. Basement units are non-conforming.
Please reach out with any questions to Kambri, Teal to handle offer and contract negotiations.
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Bath/Stubbed, Exterior Entry, Finished, Walk-Out Access
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air
Cooling Air Conditioning-Room
Fireplace N
Appliance Cooktop, Dishwasher
Laundry In Unit, Multiple Locations
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Electricity To Lot Line, Internet Access (Wired)
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Swansea
Middle Schools Whittier E-8
High Schools Manual
School District Denver 1
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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