Description
COMPLETELY RENOVATED / TURNKEY, 6.44% CURRENT CAP RATE, 10-unit multifamily community located in the City and County of Denver just 15 minutes from Downtown. All 10 of the units are 2 bed / 1 bath, averaging 750 SF and rent for $1600 per month plus utilities. This all-brick building has a new pitched roof, new double pane windows, new doors, all new plumbing, updated electrical panels, all new furnaces, all new kitchens and bathrooms, new light fixtures, and new flooring throughout. Everything has been done, maintenance & repairs should be minimal. 8 of the 10 units are individually metered for gas and electricity that is paid directly by the resident, 2 units share a gas and electric meter and pay their share. Residents reimburse the owner for water and sewer cost. The building has a new laundry facility with coin-operated laundry machines allowing for additional income to the owner. The property is situated on a large 0.63-acre lot, offering residents plenty of off-street parking as well as a large fenced-off area for future outdoor storage. The property is close proximity to restaurants, shopping, employment, and public transportation. Contact listing agents for additional financial and property information. Showings by appointment only, must contact listing agent directly, no Showingtime or other showing service.
Location
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$6,000,000
6
9
10,672 Sq ft
ActiveUnderContract
MLS# 4654382
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All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice.
METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE:
All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE.
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. Updated: 1st April, 2023 1:12 AM (UTC)
Listing Agent: Clayton Primm
Listing Office: Marcus & Millichap Real Estate Investment Services Of Atlanta, Inc.
