$1,555,000
$1,599,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
7 Baths
4,048 SqFt
SOLD DATE : 07/10/2024
Key Details
Sold Price $1,555,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 4,048 sqft
Subdivision Congress Park
MLS Listing ID 8080861
Sold Date 07/10/24
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 4,388
Originating Board REcolorado
Year Built 1909
Annual Tax Amount $8,019
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Perfect setup for owner to live in one half (2,100 square feet) and have 3 rental units on the other side just like the present owner has done for the past 24 years. Owner occupy loans with 5% down. Then you've set yourself up for the perfect investment. Reap the benefit of living in a neighborhood within the city with amenities you love. Excellent opportunity for live/work/ABNB/4-6 unit income producing property with Main Street Zoning U-MS-2. This is a rare opportunity to own a full Duplex Building with 4 units. Yes, the entire building is for sale-2 blocks from Congress Park, includes both sides of this exceptionally well-cared for, remodeled, turnkey and ready to go. Located on a prime corner in the Congress Park Neighborhood's 12th Ave Business District, across from shops and 4 restaurants. On bus/bicycle route, close to parks and Denver Botanic Gardens. The 4 current units have many new updates including remodeled kitchens, remodeled baths, new fixtures, refinished 115 year old wood floors, new appliances, new paint and feature original woodwork. The beautiful craftsman style-brick exterior has separate egress entrances for units 5 and 6, has 3 covered porches, 2 decks, 2 patios a shared fenced backyard with mature trees and sprinkler system. EZ back to 6 income units for higher cap rate (with mechanicals-water lines and gas lines still in place) and added square footage in the unfinished attic. 5 minutes to the Congress Park Swimming Pool or Denver Botanic Gardens.
Location
State CO
County Denver
Area Metro Denver
Interior
Interior Features Eat-in Kitchen, Open Floorplan, Pantry
Heating Forced Air
Cooling Evaporative Cooling, Ceiling Fan(s), Attic Fan
Appliance Self Cleaning Oven, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Common Area
Exterior
Exterior Feature Balcony
Fence Partial
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Lawn Sprinkler System, Corner Lot, Level
Faces Southeast
Story 3
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Three Or More
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
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