Denver, CO 80220,1430 Spruce ST #1434

$611,000

$629,000

2.9%
Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,656 SqFt


SOLD DATE : 02/03/2023

Key Details

Sold Price $611,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,656 sqft

Price per Sqft $368

Subdivision Montview

MLS Listing ID 2358258

Sold Date 02/03/23

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board recolorado

Year Built 1948

Annual Tax Amount $1,841

Tax Year 2021

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Rare opportunity to find a FULL brick duplex. THE SELLER IS OPEN TO PROVIDING A CREDIT TO THE BUYER, SO THE BUYER CAN BUY DOWN THEIR INTEREST RATE; PLEASE CALL SELLER AGENT FOR OPTIONS. BOTH sides for the price one of one! This property is a true duplex; they both have separate entrances and could be a perfect rental. Public records sq ft is incorrect. Both units have full basements, and the total sq ft is over 3300!! The basements are unfinished but could be converted very easily and add another two beds and one bath in each unit, changing it into a four-bed two-bath on EACH side. Once that is done, the rent would be so much more. Please do your research, but we feel these could rent for $2400-$2700 for each unit, or more, which would be good income in this market for something like this. Again please do your research when checking market rents, these units have NEVER been rented, so the seller does not have a rent roll or any history of rents. Also, there is no parking currently, but there is an alley, so we think you can add more parking with a garage or make more parking spaces off the alley. There is SO much potential with this deal!! Buy the property as a rental or live in one side and rent the other. Come get this rare deal!

Location

State CO

County Denver

Zoning E-TU-B

Rooms

Basement Full

Main Level Bedrooms 4

Interior

Heating Forced Air

Cooling None

Flooring Concrete, Wood

Fireplace N

Appliance Dryer, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Roof Type Composition

Garage No

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Montclair

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Senior Community No

Ownership Estate

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RE/MAX of Cherry Creek
Bought with Erwin
agent-avatar

Making real estate fun, simple and stress-free!

+1(303) 910-8962

holloman.cp@gmail.com

8300 E Maplewood Ave Ste 100, Village, CO, 80111

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