$911,000
$899,999
1.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
3,576 SqFt
SOLD DATE : 02/26/2024
Key Details
Sold Price $911,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $254
Subdivision Day Brothers Sub
MLS Listing ID 7544355
Sold Date 02/26/24
Style Traditional
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 1,788
Originating Board recolorado
Year Built 1973
Annual Tax Amount $3,693
Tax Year 2022
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Don't miss your chance to tour this completely remodeled triplex. Envision an entire ranch-style home with a finished basement (4b/2ba), connected to an up/down duplex, (each 2b/1ba). The interiors boast luxurious finishes, including white quartz countertops, tile backsplash, LPV flooring, and stainless steel appliances. The kitchens are expansive, showcasing large islands and high-end cabinetry, creating a modern layout perfect for both dining and entertaining. Each unit is equipped with its own washer/dryer hookups. Mechanical upgrades, such as a new roof, windows, furnaces, concrete work, conforming egress windows and more, enhance the property's overall appeal and reduce operating expenses. The larger unit operates on separate gas/electric systems, while the 2-bedroom/1-bathroom units share common gas/electric services (shared between unit, can be split by tenants or paid by owner and charged back). These two units do have individual heat control. Rent projections are drawn from very similar rental comps, and indicate for this to cashflow at an 8% cap rate. This turn-key investment should bring investors *true positive cashflow*, and may allow house-hackers to live nearly for free (loan terms dependent). Located in the charming Berkley neighborhood, close to Regis University, tons of new development, and a quick drive to Sunnyside/Highlands, Old Town Arvada and easy access to several major highways, the location could not be more convenient both for quality of life and investment perspectives. Schedule your showing today!
Location
State CO
County Adams
Zoning R-2
Rooms
Basement Unfinished
Interior
Interior Features Eat-in Kitchen, Kitchen Island, Quartz Counters
Heating Forced Air
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace N
Appliance Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry In Unit
Exterior
Fence Partial
Utilities Available Electricity Available
Roof Type Composition
Total Parking Spaces 3
Garage No
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Hodgkins
Middle Schools Tennyson Knolls
High Schools Westminster
School District Westminster Public Schools
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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