NOT LISTED FOR SALE
12 Beds
8 Baths
5,200 Sq Ft
0.39 Acres

Last Sold September 24, 2024

Last sale price $1,225,000 $236 Per Sq Ft

36 Days on Market

Highlights

  • No Units Above
  • Traditional Architecture
  • Granite Countertops
  • 0.39 Acre Lot
  • Corner Lot
  • Private Yard

About This Home

As of September 2024

Exceptional investment opportunity for upside in rents with this large side by side 4-plex on corner lot. 5-car detached garage and park like backyard. Recent updates: new roof, gutters, exterior paint, refreshed landscaping. New top to bottom remodel on Unit 1 with new kitchen, bathrooms, flooring, windows, doors, paint, appliances and central air. The other 3 units are well maintained with various updates. They are occupied with long term tenants that that are on month-month leases. Each unit has its own fenced patio and yard. 4 gas/electric meters and water has been submetered. Each tenant is billed for water usage. Unit 1 is available for showings. Units 3, 5, 7 are occupied and will be available for showings with an acceptable offer and 24 hours’ notice. Seller is offering 2% of loan amount for closing costs/rate buy down with acceptable offer. Property is walking distance to RTD park n ride at Alameda and Havana, restaurants, shopping, I-225, hospitals, DIA. PLEASE DO NOT DISTURB THE TENANTS. Agent owner.

Last Agent to Sell the Property

Robin Hack

Denver Metro Realty Brokerage Phone: 303-882-7373 License #001322933 Listed on: 07/13/2024

Last Buyer's Agent

Alonso Cervantes Avalos

Gala Realty Group, LLC License #100092240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Two or More Common Walls
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 5 Car Garage

Home Design

  • Traditional Architecture
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lansing Elementary School
  • South Middle School
  • Aurora Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal property including washer and dryers.
  • Tenant pays for cable TV, electricity, gas, internet, telephone, water
  • The owner pays for exterior maintenance, grounds care, insurance, taxes, trash collection
  • Assessor Parcel Number 031123780

Community Details

Overview

  • No Home Owners Association
  • Lyn Acres Subdivision

Building Details

  • Operating Expense $12,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Traditional
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 4160
  • Entry Location: Exterior Access
  • Exclusions: Tenants personal property including washer and dryers.
  • Living Area: 5200
  • Property Condition: Updated/Remodeled
  • Directions: From Alameda, turn north on Moline St. to Highline Dr., turn west on Highline to Lansing St. Garages are on Highline Dr.
  • SubdivisionName: Lyn Acres
  • Ownership: Agent Owner
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 1040.00
  • REC_ExpectedActiveDate: 2024-07-13
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.96078
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Granite Counters
  • Flooring: Carpet, Laminate
  • Common Walls: No One Above, No One Below, 1 Common Wall, 2+ Common Walls
  • Basement: Exterior Entry, Finished, Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 1040

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5
  • Total Parking Spaces: 11

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Basement, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Fee Information

  • Operating Expense: 12045

Schools

  • Middle Or Junior School: South

Lot Info

  • Parcel Number: 031123780
  • Lot Size Acres: 0.39
  • Fencing: Full
  • Building Area Total: 6240
  • Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 16945
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3277

MLS Schools

  • Elementary School: Lansing
  • High School: Aurora Central
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,225,000 -3.9% $236 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $1,275,000 -- $245 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,242 $35,000 -- --
2024 $3,145 $33,835 -- --
2023 $3,277 $33,835 $0 $0
2022 $3,277 $32,640 $0 $0
2021 $3,458 $32,640 $0 $0
2020 $3,276 $31,460 $0 $0
2019 $3,258 $31,460 $0 $0
2018 $2,619 $24,768 $0 $0
2017 $2,278 $24,768 $0 $0
2016 $2,324 $24,732 $0 $0
2015 $2,243 $24,732 $0 $0
2014 $2,009 $21,333 $0 $0
2013 -- $21,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5898083

REcolorado®

APN: 1973-11-3-05-025