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Key Details
Sold Price $795,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,528 sqft
Price per Sqft $175
Subdivision Quimbys Add To Westminster
MLS Listing ID 5648286
Bedrooms 9
Year Built 1962
Annual Tax Amount $5,120
Tax Year 2022
Lot Size 0.260 Acres
Property Description
Investor's Dream in Westminster!
Presenting a prime investment opportunity in Westminster - a 4-family home that surpasses its neighbors in size and value. Boasting 9 bedrooms and 8 bathrooms, this cash-flow powerhouse is larger than any other quadplex in the area.
Bonus Basement: Uncommon for the neighborhood, this property includes a basement(880 sq ft)
Brand New Boiler mate and expansion tank (Oct 2023): Recent boilermate replacement ensures efficient hot water for all units, showcasing commitment to long-term value.
No HOA Fees: Enjoy ownership freedom without the burden of Homeowners Association fees.
Financial Highlights:
Cash Flow King: Proven track record of consistent rental income makes this property a lucrative investment.
Preliminary Assessed Value (2023): $863,000, presenting immediate equity for the discerning investor.
Don't miss out on this rare opportunity to own a standout property in Westminster. With its size, recent upgrades, and location this 4-family home is the epitome of a smart investment. Schedule your viewing today and unlock the full potential of this remarkable property! * All photos are of unit 1*
Location
State CO
County Adams
Interior
Heating Natural Gas, Radiant
Cooling None
Flooring Laminate, Tile, Vinyl, Wood
Laundry In Unit
Exterior
Garage Asphalt
Fence Full
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Composition
Building
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Harris Park
Middle Schools Shaw Heights
High Schools Westminster
School District Westminster Public Schools
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Pets Description No
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with JPAR Modern Real Estate
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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