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Seller's Agent in 2024
Laura Jordan
A Better Way Realty
(303) 759-2222
1 in this area
6 Total Sales
Estimated Value: $533,000 - $638,612
Come and see this turnkey triplex with great rents in fast-developing Elyria-Swansea neighborhood! So much is being built within walking distance at or near the National Western Stock Show Complex. All 3 units have been renovated and updated with long-lasting neutral LVP flooring and fresh paint as each lease turns. Each unit features its own fully fenced front yard patio and dedicated back alley parking space. Each unit has its own water heater and furnace.
Rents are excellent and may even have a tiny bit of room for improvement in one of the units. Priced to cash flow for a worthy investment. Overall expenses are relatively low and stable. Many major repairs and improvements have been made under current ownership. All furnaces are aged 2019 and newer. Gutters have been replaced. Currently professionally managed - increase your cash flow even more by self-management or living in one of the units! Room for additional income - shared laundry is currently not monetized, and there is room to add storage in the side yard to also monetize.
Leases range from one year starting Sept. 2023 down to month-to-month. Fully occupied. Tenant pays electric/gas, internet.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paredes Christopher Andrew | $630,000 | None Listed On Document | |
| Elm Tree Properties Llc | -- | None Listed On Document | |
| Jordan Laura | $540,000 | Heritage Title Company | |
| Hamilton Bradley | $354,000 | None Available | |
| Nicole James Properties Llc | -- | None Available | |
| Hughes Shane | $28,600 | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Stom Jack | $155,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paredes Christopher Andrew | $4,725,500 | |
| Previous Owner | Jordan Laura | $405,000 | |
| Previous Owner | Hamilton Bradley | $265,500 | |
| Previous Owner | Stom Jack | $155,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $630,000 | 0.0% | $370 / Sq Ft | View Prior Sale |
| 11/06/2023 11/06/23 | For Sale | $630,000 | -- | $370 / Sq Ft |
| 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 | $2,597 | $42,910 | $16,110 | $16,110 |
| 2024 | $2,597 | $32,790 | $11,620 | $21,170 |
| 2023 | $2,541 | $32,790 | $11,620 | $21,170 |
| 2022 | $2,409 | $30,290 | $9,710 | $20,580 |
| 2021 | $2,377 | $31,850 | $10,210 | $21,640 |
| 2020 | $1,752 | $23,620 | $4,080 | $19,540 |
| 2019 | $1,703 | $23,620 | $4,080 | $19,540 |
| 2018 | $1,347 | $17,410 | $2,060 | $15,350 |
| 2017 | $1,343 | $17,410 | $2,060 | $15,350 |
| 2016 | $1,564 | $19,180 | $2,046 | $17,134 |
| 2015 | $1,498 | $19,180 | $2,046 | $17,134 |
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Seller's Agent in 2024
Laura Jordan
A Better Way Realty
(303) 759-2222
1 in this area
6 Total Sales
Buyer's Agent in 2024
Preston Newberry
Your Castle Real Estate Inc
(303) 901-5900
1 in this area
59 Total Sales