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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,455 sqft
Price per Sqft $260
Subdivision Two Creeks
MLS Listing ID 9631315
Sold Date 09/24/24
Style Contemporary
Bedrooms 9
HOA Y/N No
Abv Grd Liv Area 3,175
Originating Board recolorado
Year Built 1956
Annual Tax Amount $6,072
Tax Year 2023
Lot Size 0.330 Acres
Acres 0.33
Property Description
Fully updated and professionally managed turn-key brick 4-plex just 3 blocks from the light rail. Easy access to Belmar, CCU, Red Rocks Community College, and 6th Ave. Actual as-is cap rate of 5.59% and could go up to 6.38% cap rate with self-management. One vacant unit as of July 1st provides an opportunity for an owner/manager to live on-site if desired. Shared laundry area for all 4 units and 8 off-street parking spaces. Awesome opportunity to get into a 4-unit property and get residential financing vs commercial financing for 5+ unit properties.
Location
State CO
County Jefferson
Rooms
Basement Crawl Space, Exterior Entry, Finished, Partial, Sump Pump
Interior
Interior Features Quartz Counters, Smoke Free
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate
Fireplace Y
Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Laundry Common Area, Main Level
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt
Fence None
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Molholm
Middle Schools Creighton
High Schools Lakewood
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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