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8 Beds
6 Baths
5,043 SqFt
8 Beds
6 Baths
5,043 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,043 sqft
Price per Sqft $193
Subdivision Athmar Park
MLS Listing ID 9735734
Style Modular
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Abv Grd Liv Area 5,043
Year Built 1979
Annual Tax Amount $6,545
Tax Year 2024
Lot Size 8,029 Sqft
Acres 0.18
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Three units are currently occupied (all June 1st expirations), providing a new owner to renew current leases, capturing the immediate income, while one unit is vacant and fully renovated, featuring new drywall, fresh paint, new carpet, and updated appliances — ideal for an owner-occupant or to lease at market rent; or provides a new owner an opportunity to not renew the remaining tenants and have a fully vacant 4-unit building to reposition.
The asset offers a compelling blend of in-place cash flow and upside through rent increases, with similar units in the area supporting higher rental rates. Recent improvements and ongoing exterior cleanup enhance the property's appeal and reduce near-term capital needs.
Located with convenient access to major corridors, public transportation, and neighborhood amenities, this property presents an excellent opportunity for investors seeking a stable, small multifamily asset with operational upside.
Location
State CO
County Denver
Zoning E-TU-C
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Pantry
Heating Forced Air
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace N
Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Garden, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub
Parking Features Asphalt
Fence Full
Roof Type Unknown
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Concrete,Frame
Schools
Elementary Schools Goldrick
Middle Schools Kepner
High Schools Abraham Lincoln
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, Farm Service Agency, FHA, Jumbo, Lease Purchase, Other
Listing Terms 1031 Exchange, Cash, Conventional, Farm Service Agency, FHA, Jumbo, Lease Purchase, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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