$835,000
$850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
3,000 SqFt
SOLD DATE : 08/20/2020
Key Details
Sold Price $835,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Subdivision Majestic Heights
MLS Listing ID 7423401
Sold Date 08/20/20
Bedrooms 2
HOA Y/N false
Abv Grd Liv Area 3,000
Originating Board REcolorado
Year Built 1959
Annual Tax Amount $3,077
Lot Size 8,712 Sqft
Acres 0.2
Property Description
10521 West 7th Place is in turn-key condition after undergoing a recent comprehensive renovation. All four of the units are fully renovated including new kitchens and bathrooms. The property features new windows throughout and has an EPDM roof that is still under warranty. The exterior of the property is also turn-key with new concrete and landscaping. The property is entirely composed of large two-bedroom, one-bathroom floor plans with private outdoor access. The lower units have large, private fenced yards while the upper units have private balconies. The property is fully occupied with long-term tenants. Three of the tenants renewed their leases in March and May of this year with respective rent increases. The property has very strong in-place income considering that Proforma income is less than $700 higher than in-place income.
Location
State CO
County Jefferson
Area Metro Denver
Rooms
Other Rooms Outbuildings
Interior
Heating Baseboard
Cooling Room Air Conditioner
Laundry Common Area
Exterior
Exterior Feature Balcony
Garage Spaces 6.0
Waterfront false
Roof Type Rubber
Building
Story 2
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Eiber
Middle Schools Creighton
High Schools Lakewood
School District Jefferson County R-1
Others
Senior Community false
Special Listing Condition Private Owner
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Bought with Compass - Denver
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States