$425,000
$425,000
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4 Beds
2 Baths
1,860 SqFt
SOLD DATE : 02/17/2021
Key Details
Sold Price $425,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,860 sqft
Subdivision Burns Montclair
MLS Listing ID 8599985
Sold Date 02/17/21
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 1,860
Originating Board REcolorado
Year Built 1978
Annual Tax Amount $2,038
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Great Investor Opportunity for buy & hold! Great Cap Rate!
The top unit already has tenants in there at $1450 per month with lease expiring on 06/30/21. The bottom unit is vacant and needs a new carpet, some paint, and other TLC to start renting it. Top unit is occupied and needs approval from the tenants to show it. The upper unit is identical to the bottom unit but is in much better condition. The list price reflects the TLC work that needs to be done in the property. This property is part of a 1031 Exchange.
Location
State CO
County Denver
Area Metro Denver
Zoning E-TU-C
Interior
Heating Forced Air
Fireplaces Type 2+ Fireplaces
Fireplace true
Appliance Refrigerator, Washer, Dryer
Exterior
Garage Spaces 3.0
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Building
Lot Description Level
Faces East
Story 2
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Place Bridge Academy
Middle Schools Place Bridge Academy
High Schools George Washington
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
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Bought with Compass - Denver
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
201 Coffman Street # 1902, Longmont, Colorado, 80502, United States