NOT LISTED FOR SALE
8 Beds
4 Baths
3,088 Sq Ft
8,600 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $755,000 $244 Per Sq Ft

64 Days on Market

Highlights

  • Patio
  • Vinyl Flooring
  • Heating Available
  • Laundry Facilities

About This Home

As of May 2024

Get positive cash flow immediately with this fully occupied 8.1% cap rate 4-plex!All units have been updated in the last 5 years. Electric is individually metered - 4 units and 1 house meter. The 4 electric meters are in the tenant's names and the House is Billed back. The Water / Sewer / gas / trash are billed back. All units are occupied. *** Available to show with 24 hours notice to Tenant.Owner pays the grounds care. Laundry is on the 2nd floor and washer and dryer are both new in the last year. Luxury Vinyl Tile Throughout.

Last Agent to Sell the Property

Michael Tilley

Tradewind Real Estate LLC Brokerage Phone: 970-568-8162 License #40022678 Listed on: 01/31/2024

Last Buyer's Agent

Jake Wade

RE/MAX Real Estate Group Inc License #100091177

RE/MAX Real Estate Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 1972

Lot Details

  • 8,600 Sq Ft Lot
  • 1 Common Wall
  • Two or More Common Walls

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Penrose Elementary School
  • Sabin Middle School
  • Mitchell High School

Utilities

  • No Cooling
  • Heating Available
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Patio

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Tenant pays for cable TV, electricity, gas, internet, telephone, trash collection, water
  • The owner pays for exterior maintenance, grounds care, insurance
  • Assessor Parcel Number 63264-17-009

Community Details

Overview

  • Village Seven HOA, Phone Number (303) 980-0700
  • Candelwood Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $6,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,671

Year Built

Built in 1972

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 2316
  • Exclusions: Tenants personal property.
  • Living Area: 3088
  • SubdivisionName: Candelwood
  • Co List Office Mls Id: REC99100
  • Co List Office Phone: 970-568-8162
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.96795
  • Attribution Contact: 970-568-8162
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Smoke Free
  • Flooring: Vinyl
  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Electric, Hot Water
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Association Name: Village Seven HOA
  • Association Fee Frequency: Quarterly
  • Association Fee: 108.62
  • Phone: 303-980-0700
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 434.48
  • REC_AssociationFeeTotalAnnual: 434.48
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://ehammersmith.com

Fee Information

  • Operating Expense: 6800

Schools

  • Middle Or Junior School: Sabin

Lot Info

  • Parcel Number: 63264-17-009
  • Lot Size Acres: 0.2
  • Building Area Total: 3088
  • Lot Size Sq Ft: 8600
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1671

MLS Schools

  • Elementary School: Penrose
  • High School: Mitchell

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
05/03/2024 05/03/24 Sold $755,000 -2.6% $244 / Sq Ft
03/26/2024 03/26/24 Price Changed $775,000 -0.6% $251 / Sq Ft
01/31/2024 01/31/24 For Sale $780,000 -- $253 / 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: 3014917

REcolorado®

APN: 63264-17-009