Englewood, CO 80113,4719 S Pearl ST
Englewood, CO 80113,4719 S Pearl ST
Englewood, CO 80113,4719 S Pearl ST
$400,000
Est. payment /mo
$520,000
23.1%
Est.Price: ?

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2 Beds
2 Baths
1,408 SqFt
SOLD DATE : 06/22/2023

Key Details

Sold Price $400,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $284

Subdivision South Broadway Heights

MLS Listing ID 6199411

Sold Date 06/22/23

Bedrooms 2

HOA Y/N No

Abv Grd Liv Area 1,408

Originating Board recolorado

Year Built 1949

Annual Tax Amount $2,229

Tax Year 2022

Property Description

Two great rental units under one roof. A duplex in a single-family neighborhood. This cash-flowing investment property sits on an enormous 12,850 square foot lot. It combines the appeal of quiet residential living with immediate steady cash and future redevelopment possibilities. Each unit is an efficient 1BR/1BA with its own gas and electric meter. Englewood public water is on a shared meter, and a working well produces “free” unmetered water for irrigating the massive lawn. Both units are tenant-occupied through March 2024. Significant opportunity for rent increases with current rates approximately 30 percent below market. The garage is “duplexed” as well, divided by a wall with storage galore and one parking space per side. Plus tons of additional parking on the street and just off the low-traffic cul-de-sac alley. Zoning legislation at the local and state level may create new development possibitlies. This property is the perfect house hack, cash-flowing income investment, and land-bank play pending zoning changes. Buyers should exercise due diligence.

Location

State CO

County Arapahoe

Interior

Heating Forced Air

Cooling None

Fireplace N

Exterior

Garage Spaces 2.0

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Cherrelyn

Middle Schools Englewood

High Schools Englewood

School District Englewood 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Your Castle Realty LLC • 303-522-1669
Bought with DWELL ELITE HOMES REAL ESTATE LLC

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Bonnie Schwam

+1(719) 651-2916

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