$1,555,000
$1,599,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7 Baths
4,048 SqFt
SOLD DATE : 07/10/2024
Key Details
Sold Price $1,555,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,048 sqft
Price per Sqft $384
Subdivision Congress Park
MLS Listing ID 8080861
Sold Date 07/10/24
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,870
Originating Board recolorado
Year Built 1909
Annual Tax Amount $8,019
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Perfect setup for owner to live in one half (2,100 square feet) and have 3 rental units on the other side just like the present owner has done for the past 24 years. Owner occupy loans with 5% down. Then you’ve set yourself up for the perfect investment. Reap the benefit of living in a neighborhood within the city with amenities you love. Excellent opportunity for live/work/ABNB/4-6 unit income producing property with Main Street Zoning U-MS-2. This is a rare opportunity to own a full Duplex Building with 4 units. Yes, the entire building is for sale-2 blocks from Congress Park, includes both sides of this exceptionally well-cared for, remodeled, turnkey and ready to go. Located on a prime corner in the Congress Park Neighborhood’s 12th Ave Business District, across from shops and 4 restaurants. On bus/bicycle route, close to parks and Denver Botanic Gardens. The 4 current units have many new updates including remodeled kitchens, remodeled baths, new fixtures, refinished 115 year old wood floors, new appliances, new paint and feature original woodwork. The beautiful craftsman style-brick exterior has separate egress entrances for units 5 and 6, has 3 covered porches, 2 decks, 2 patios a shared fenced backyard with mature trees and sprinkler system. EZ back to 6 income units for higher cap rate (with mechanicals-water lines and gas lines still in place) and added square footage in the unfinished attic. 5 minutes to the Congress Park Swimming Pool or Denver Botanic Gardens.
Location
State CO
County Denver
Rooms
Basement Daylight, Exterior Entry, Finished, Full, Interior Entry, Walk-Out Access
Interior
Interior Features Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floor Plan, Laminate Counters, Open Floorplan, Pantry, Smoke Free, Utility Sink
Heating Forced Air, Natural Gas
Cooling Attic Fan, Evaporative Cooling, Other
Flooring Wood
Equipment Satellite Dish
Fireplace N
Appliance Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Laundry External Facility, In Basement, In Unit
Exterior
Exterior Feature Balcony, Garden, Lighting, Private Yard, Smart Irrigation
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo, Other
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo, Other
Special Listing Condition None
Pets Description Cats OK, Dogs OK
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with eXp Realty, LLC
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