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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,706 sqft
Price per Sqft $439
Subdivision Byers
MLS Listing ID 7381434
Style Mid-Century Modern
Bedrooms 3
Year Built 1956
Annual Tax Amount $3,435
Tax Year 2022
Lot Size 4,356 Sqft
Property Description
Brick triplex in Prime Location with Great Potential in an area with a high demand for rentals. Two units have been beautifully remodeled with updated kitchens, bathrooms and flooring. All units have separate utilities and washer/dryer hookups. All had new windows installed in 2020 and new electrical panels with 220 volt upgrades. Convenient location near downtown, Wash Park and I-25. Very close to South Broadway Commerce including Voodoo Doughnut, Punch Bowl Social and the Mayan Theater.
Investment Opportunities – Lots of options: increase rents now with minor improvements, possibility to scrape, pop, or separate the units for a higher value. Low vacancy rate and high demand when a unit is available. The choice is yours – or just keep renting until you decide.
Location
State CO
County Denver
Zoning U-TU-B2
Interior
Heating Forced Air, Natural Gas
Cooling Other
Flooring Laminate, Wood
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Driveway-Gravel
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Roof Type Other
Building
Lot Description Corner Lot, Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Lincoln
Middle Schools Grant
High Schools South
School District Denver 1
Others
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
Bought with SYNERGY ASSOCIATES INC
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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