Nestled on a quiet, pleasant street, this rare and updated 3-unit income property. Each unit boast newer vinyl plank flooring throughout each unit, newer carpet, newer interior doors, newer vanities, newer kitchen cabinetry, countertops, newer appliances, newer furnace and new water heater. Each of the three spacious units features two… Read More bedrooms and a bathroom. The property offers ample parking with six off-street spaces. Situated on a generous 10,052 square foot lot, there's plenty of room for enhancements. This property is an exceptional investment opportunity or for any buyer looking to live in one unit and rent out the others. Rents are projected rents, two units are vacant and one is occupied at a lower market rent. We felt $1,750 for each unit is market and expenses are projected around $6,000 putting this property around an 8 CAP!!! Great cash on cash return. *Seller is doing a 1031 exchange with funds* Read Less
Courtesy of Leo Rowen, RE/MAX of Cherry Creek, [email protected],303-521-0360.
Listing Snapshot
Days Online
18
Last Updated
Property Type
Income Property
Square Ft.
2,160
Lot Size
0.23 Acres
Year Built
1962
MLS Number
3658544
30 Days Snapshot Of 80022
$500k
-2%
(avg) sold price
94
+14%
homes sold
77
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "Crawl Space"
Building
2160 total sqft, Living Area: 2160, Above Grade Finished Area: 2160, Direction Faces: West, Architectural Style: "Ranch", Building Area Total: 2160, Construction Materials: "Wood/Frame", "Brick/Brick Veneer", Levels: "One", Stories: 1, Year Built: 1962
Community
"Playground"
Cooling
"Central Air"
Garage
Type: Off Street, Covered Spaces: 6, Garage Spaces: 6
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