$261,500
$250,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
784 SqFt
SOLD DATE : 10/13/2023
Key Details
Sold Price $261,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $333
Subdivision Elyria-Swansea
MLS Listing ID 5785585
Sold Date 10/13/23
Style Cottage
Bedrooms 3
Three Quarter Bath 1
HOA Y/N No
Abv Grd Liv Area 784
Originating Board recolorado
Year Built 1925
Annual Tax Amount $1,228
Tax Year 2022
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Attention Investors!!!! This is a rare opportunity to own a 3-bedroom cottage with extraordinary long-term rental history! The home is under minor construction, adding new charming updates throughout! Construction is scheduled to be completed by mid-September. The average monthly rent has been $2,000, grossing $24K annually! CAP Rate is an incredible 8.9!
This single-family home is adjacent to a quadplex that is also for Sale! A single individual owns both buildings. Both properties won't last long. Book your showing today!
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling None
Flooring Tile, Vinyl
Fireplace N
Appliance Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Garage Concrete
Fence Full
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
View City
Roof Type Architecural Shingle
Total Parking Spaces 1
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
Schools
Elementary Schools Swansea
Middle Schools Mcauliffe International
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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