NOT LISTED FOR SALE
8 Beds
4 Baths
3,256 Sq Ft
6,949 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $935,000 $287 Per Sq Ft

18 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • West Facing Home
  • Bradley Elementary School Rated A-

About This Home

As of February 2024

****SELLER HAS INCREASED THE SALES PRICE DUE TO UPGRADING ELECTRICAL SERVICE (INTERIOR & EXTERIOR PANELS) AND ALL TO CODE!!

Four-Plex Apartment Building FOR SALE near Monaco & Evans - SELLER FINANCING AVAILABLE – 6 Off-Street Parking Spaces – Southeast Denver Location

This 4-Unit apartment property is an ideal opportunity for a first-time Investor. This investment provides a perfect situation for an investor to live in one unit and enjoy the cash flow from the remaining three units. Located in a well-established neighborhood.

***SELLER FINANCING AVAILABLE

FOR SALE PRICE: $905,000.00 ($226,000 per unit) with possible owner-carry terms. 1st loan is assumable in the approximate amount of $188,000 at 4.25% interest fixed until 5/5/25; seller would also carry a 2nd loan at 5.0% only for 3-5 years.

Building Highlights:
- Four (4) total units; 814 SF per Unit
- Zoning R2-A
- Brick Construction
- Built in 1968
- Separately Metered Electric Paid by Tenants
- Heat, Sewer/Water, Etc. Paid by Tenants as a Reimbursement
- Hot Water Baseboard Heat
- Front and Back Entries to Each Unit
- Washer/Dryer Hook-ups in each Unit
- Southeast Location (Near Monaco & Evans)
- 6-Off Street Parking Spaces

Last Agent to Sell the Property

Hal Naiman

Sherman Agency Inc. Brokerage Email: josh@theshermanagencyinc.com,720-841-3846 License #000267501 Listed on: 12/29/2023

Last Buyer's Agent

Raul Ochoa

Keller Williams Advantage Realty LLC License #40036927

Keller Williams Advantage Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1968

Lot Details

  • 6,949 Sq Ft Lot
  • West Facing Home

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Bradley Elementary School
  • Hamilton Middle School
  • Thomas Jefferson High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for cable TV, electricity, gas, internet, water
  • Assessor Parcel Number 0629300048000

Community Details

Overview

  • No Home Owners Association
  • South Denver Subdivision

Building Details

  • Operating Expense $23,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,031

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 3256
  • Exclusions: Tenant's personal property
  • Living Area: 3256
  • SubdivisionName: South Denver
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.03315
  • Attribution Contact: josh@theshermanagencyinc.com,720-841-3846
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Direction Faces: West
  • Roof: Unknown
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Laundry Features: 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: 23731

Schools

  • Middle Or Junior School: Hamilton

Lot Info

  • Parcel Number: 0629300048000
  • Lot Size Acres: 0.16
  • Building Area Total: 3256
  • Lot Size Sq Ft: 6949

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4031

MLS Schools

  • Elementary School: Bradley
  • High School: Thomas Jefferson

Range of Values:

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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 Change Sq Ft Price
02/22/2024 02/22/24 Sold $935,000 0.0% $287 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $935,000 +3.3% $287 / Sq Ft
12/29/2023 12/29/23 For Sale $905,000 -- $278 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3013950

REcolorado®

APN: 06293-00-048-000