K
Seller's Agent in 2025
Kathy Goodman
HomeSmart
(720) 985-1701
2 in this area
10 Total Sales
This four-plex is just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Here is your opportunity to buy a multifamily property with $7300 monthly rental income, generating a 7.5% cap rate. Live in one unit and rent out the others so your tenants pay your mortgage while you build equity! Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (4 spaces/unit). BONUS: The entire complex has been redone with new everything.. over $200k of upgrades inside and out! Outside; newer sewer line and new fencing with storage for each unit. Newer roof and new exterior paint and doors. Gas and electric meters are separated for each unit. Inside; all units have open floor plans with new luxury vinyl-wood flooring, new kitchens with gray shaker cabinets with soft closing draws and pulls, granite countertops, subway tile backsplash and new stainless steel appliances. The bathrooms are all new with fixtures and lighting. 2 units have new windows and other 2 newer windows. The furnaces are 4 years old and new water heaters. All new electrical and plumbing, plus trim, doors, and paint. Each unit has stackable W&D. Gas and electrical are paid by tenants. All units are currently occupied but Owner Occupancy Is Available with a 1 month notice. This investment property offers it all - too good to pass up!
Last Agent to Sell the Property
HomeSmart Brokerage Email: kathygoodman33@gmail.com,720-985-1701 License #100083661 Listed on: 07/16/2024
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/07/2025 02/07/25 | Sold | $1,000,000 | -4.7% | $345 / Sq Ft |
12/18/2024 12/18/24 | Price Changed | $1,049,000 | -1.9% | $362 / Sq Ft |
11/13/2024 11/13/24 | Price Changed | $1,069,000 | -1.8% | $369 / Sq Ft |
11/02/2024 11/02/24 | Price Changed | $1,089,000 | -1.8% | $376 / Sq Ft |
11/02/2024 11/02/24 | For Sale | $1,109,000 | +10.9% | $382 / Sq Ft |
09/04/2024 09/04/24 | Off Market | $1,000,000 | -- | -- |
07/31/2024 07/31/24 | Price Changed | $1,109,000 | -1.4% | $382 / Sq Ft |
07/16/2024 07/16/24 | For Sale | $1,125,000 | -- | $388 / Sq Ft |
K
Seller's Agent in 2025
Kathy Goodman
HomeSmart
(720) 985-1701
2 in this area
10 Total Sales
S
Buyer's Agent in 2025
Scott Trench
Brokers Guild Homes
1 in this area
3 Total Sales
Source: REcolorado®
MLS Number: 9553916