Denver, CO 80204,4900 W 8th AVE
Denver, CO 80204,4900 W 8th AVE
Denver, CO 80204,4900 W 8th AVE
$1,850,000
Est. payment /mo
$1,900,000
2.6%
Est.Price: ?

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0.82 Acres Lot
SOLD DATE : 03/22/2024

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3572196

Sold Date 03/22/24

HOA Y/N No

Originating Board recolorado

Year Built 1961

Annual Tax Amount $8,382

Tax Year 2022

Lot Size 0.820 Acres

Acres 0.82

Property Description

Property Features
• $85K Price Reduction!
• New Exterior Stairs (Being Installed Winter 2023/2024)
• 10/12 Units Recently Renovated
• Many Recent Capital Improvements Including New: Roof, Boiler, Windows & Hot Water Heater
• 6.54% Current CAP Rate
• Proforma Rents Already Being Achieved
• Large Lot with Potential to Build Additional Units
• Less Than One Mile to Sheridan Light Rail Station
• Quick Access to US Highway 6, Downtown Denver and Rocky Mountains

Location

State CO

County Denver

Zoning U-RH-3A

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Phone Available, Phone Connected

Roof Type Composition

Total Parking Spaces 35

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by Pinnacle Real Estate Advisors • NEWELLTEAM@PINNACLEREA.COM,303-962-9559
Bought with Pinnacle Real Estate Advisors

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Bonnie Schwam

+1(719) 651-2916

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