$369,360
$349,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,346 SqFt
SOLD DATE : 12/18/2019
Key Details
Sold Price $369,360
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,346 sqft
Subdivision Lincoln Park
MLS Listing ID 3306756
Sold Date 12/18/19
Bedrooms 3
HOA Y/N false
Abv Grd Liv Area 1,346
Originating Board REcolorado
Year Built 1890
Annual Tax Amount $1,943
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Very high as-is cap rate w/ HUGE UPSIDE POTENTIAL! CORNER LOT Duplex in the continually improving & centrally located Lincoln Park neighborhood. 2 Blocks from the park, 1 mile to the light rail station & I-25, minutes to downtown Denver! Was rented out for $1500 (3 bedroom main floor) and $1400 (1 bedroom + office 2nd floor) as-is for a cap rate of over 9%!!!! Fixed up can rent for 1600-1900 per unit! Each unit has separate access. Large paved area in the back yard for private parking. Fully fenced & spacious back yard! LOW property taxes & NO HOA!! Best multi-unit investment you will find this year!
Location
State CO
County Denver
Area Metro Denver
Zoning U-TU-B
Rooms
Basement None
Interior
Interior Features Eat-in Kitchen
Heating Forced Air, Baseboard
Appliance Refrigerator
Exterior
Garage Spaces 2.0
Fence Fenced
Utilities Available Natural Gas Available
Waterfront false
Roof Type Composition
Porch Patio
Building
Story 2
Level or Stories Bi-Level
Structure Type Wood/Frame,Stucco
New Construction false
Schools
Elementary Schools Greenlee
Middle Schools Compass Academy
High Schools West
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States