$1,170,000
$1,195,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,200 SqFt
SOLD DATE : 02/12/2024
Key Details
Sold Price $1,170,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Subdivision Evanston Second Filing
MLS Listing ID 4270232
Sold Date 02/12/24
Style Ranch
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,200
Originating Board REcolorado
Year Built 1951
Annual Tax Amount $3,533
Lot Size 6,098 Sqft
Acres 0.14
Property Description
2415 & 2417 S Marion St was completely renovated in 2022-2023 and has essentially already been converted to a total of 4 units that would consist of 4 two-bedroom/one-bath units. This conversion/remodel includes almost everything to be brand new including cabinets, appliances, floors, fixtures, and more.
Currently, the property is operating as 2 units that each consist of four-bedrooms, two-bathrooms, and two complete kitchens. Simply adding drywall to close the entryway would complete the conversion to 4 units (nonconforming) and allow for the premium rents that being near Denver University and Observatory Park demands.
This asset provides the next owner peace of mind and ease of management. Furthermore, its location, proximity to DU, nearby parks, and vibrant South Broadway retail and restaurant scene ensures a strong tenant base with continuous growth and natural appreciation.
County: Denver
Year Built: 1951 (Renovated 2022)
# Buildings: 1
# Stories: 1
Construction: Wood Frame
Roof Type: Pitched
Gross Building SF: 3,200
Lot Size: 6,212 SF
Parking: Street
Heating: Forced Air
Water/Sewer: Master
Gas/Electric: Individual
Zoning: E-TU-C
PROPERTY HIGHLIGHTS
- 2 Spacious 4-bedroom units that could be converted into 4 2-bedroom units
- Turn-key asset with full renovation in 2022-2023 to include entire bathroom, kitchens, cabinets, floors, countertops, windows, etc
- New Roof 2018
- New water heaters, furnaces, and appliances
Location
State CO
County Denver
Area Metro Denver
Zoning E-TU-C
Rooms
Basement Full
Interior
Heating Forced Air
Exterior
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Story 1
Sewer City Sewer, Public Sewer
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States