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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $208
Subdivision Castle Heights
MLS Listing ID 5838951
Sold Date 03/30/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,720
Originating Board recolorado
Year Built 1963
Annual Tax Amount $4,039
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Property Description
RARE Littleton Triplex, $850,000
Light, bright, and open side by side triplex floor plans. Large units, each home is over 1800 square feet. Building has a total of 5440 square feet. Units are partially updated with new windows and flooring in the front unit. Currently, they are (2) two bedroom, one bath units, and (1) 3 bedroom, 1 bath unit. Full partially basements for future expansion. Units could easily be (2) 4 bedroom, 2 bath units, and (1) 5 bedroom, 2 bath unit. Live in one unit and rent out the others, or keep as a long term buy and hold. Possible play to split the units and resell each townhome for around $425k-$450k depending on finishes. Broker must check with zoning to confirm.
Proforma available in supplements. Proforma rents are above a 5 cap return. Currently rented to long term residents below market and the units need work.
These units do not come up for sale very often.
Location
State CO
County Arapahoe
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Tile
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Field
Middle Schools Goddard
High Schools Littleton
School District Littleton 6
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Integrity Real Estate LLC
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