$1,000,000
$1,199,999
16.7%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,036 SqFt
SOLD DATE : 10/07/2022
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,036 sqft
Price per Sqft $329
Subdivision Montclair
MLS Listing ID 9066292
Sold Date 10/07/22
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1963
Annual Tax Amount $3,342
Tax Year 2021
Property Description
House Hackers and Buy & Hold Investors! The times are back where you can own a CASH FLOWING quadplex in the Denver area. Come take a look at this beautifully remodeled, turnkey, four unit building in one of Denver’s most exciting locations!
The remodel includes: brand new furnaces in all four units, a new roof, gutters, soffit, and fascia. The sewer line was replaced. Electrical updated. New windows. New interior doors. Updated quartz countertops with deep basin sinks. Modernized bathrooms. Luxury, stainless steel appliances which includes gas powered stoves and in-unit laundry.
The large xeriscaped exterior included a new modern wooden fence and a 7-space parking lot!
It’s located less than 10 minutes from Rose Medical Center and Anschutz Medical Campus. Rent it out to traveling nurses to make the returns even more attractive!
Estimated long term rents are $2,200 per unit or $8,800 for all four! And closer to $3,000 per unit or $12,000 total per month as a corporate rental to business people or traveling nurses. With such high rents and low maintenance costs, this one will be a trouble-free cash cow for any investor buyer!
Seriously, this one is not going to be sticking around long. Please bring your highest and best!
Location
State CO
County Denver
Zoning G-MU-3
Interior
Heating Forced Air, Hot Water, Natural Gas
Cooling None
Fireplace N
Appliance Dishwasher, Gas Water Heater, Oven, Range, Range Hood, Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Total Parking Spaces 7
Garage No
Building
Lot Description Level
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Brick, Frame
Schools
Elementary Schools Montclair
Middle Schools Hill
High Schools George Washington
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Realty Downtown LLC
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