2397 S Locust St

Denver, CO 80222
$1,025,000
Located at 2397 S Locust Street in the desirable Goldsmith neighborhood of southeast Denver, this well-maintained four-unit building provides an excellent investment opportunity. Featuring all two-bedroom, one-bathroom units, each with convenient in-unit washers, as well as both front and back entrances, this brick building built in 1966 provides ideal livingRead MoreRead Less
Courtesy of Philip Dankner, Unique Properties, 3033215888.
Listing Snapshot
Days Online
24
Last Updated
Property Type
Income Property
Lot Size
0.17 Acres
Year Built
1966
MLS Number
1033515
30 Days Snapshot Of 80222
$634k
-1%
(avg) sold price
30
-37%
homes sold
32
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "None"
Building
Has Improvements: No, Total Sq Ft: 3234, Construction Materials: "Brick/Brick Veneer", Levels: "Bi-Level", Stories: 2, Year Built: 1966
Expenses
Operating Expense: 14523
Water Features
Has Water Rights: No, Water Source: "City Water", "City"
Heating
Heating: "Radiant"
Income
Gross Income: 695406.65, Net Operating Income: 680883.65
Lot
Acres: 0.17, Area: 7266, Square Feet: 7266
Parking
Other Parking: Parking Per Unit(1 Space/Unit)
Property
Parcel Number: 629307042, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned"
Roof
"Composition"
Taxes
Has Metro Tax District: No, Tax Annual Amount: 4923, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Electricity"
Unit One
Rent: $1,475, Bedrooms: 2, Est Sq Ft: 809, Total Baths: 1
Unit Two
Number 2 Bedroom Units: 4
Utilities
Is Water Meter Installed: Yes, Electric: "Separate Meter Electricity", Gas: "Master Meter-Gas"
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Adam Schwartz
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