NOT LISTED FOR SALE

639 Jessup St Brighton, CO 80601

2 Beds
1 Bath
4,495 Sq Ft
7,405 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $845,000 $188 Per Sq Ft

15 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot
  • Property is near a park
  • Forced Air Heating and Cooling System
  • 2-minute walk to Daniel Carmichael Park

About This Home

As of June 2021

Rare multi-family investment opportunity in Brighton across from lovely Carmichael Park which offers tennis courts, a hockey rink, playgrounds, and a two-mile walking path. Meticulously maintained multi-family four-unit building with new exterior paint, and new roof in 2018. Strong cash flow history, with potential to increase rents significantly based on the current rental market. An excellent income-generating opportunity available in one of the Denver Metro Area's fastest growing suburbs. Proforma Cap Rate based on average rents of $1300/month/unit. Very low vacancy!

Last Agent to Sell the Property

Karla Brown

The Colorado Group Listed on: 04/07/2021

The Colorado Group

Co-Listed By

Scot Smith

The Colorado Group

Last Buyer's Agent

Karla Brown

The Colorado Group Listed on: 04/07/2021

The Colorado Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,495 Sq Ft Home
  • 2-Story Property
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near a park

Schools

  • South Elementary School
  • Vikan Middle School
  • Brighton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0004610

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash, snow removal, ground maintenance
  • 4 Units
  • Bromley Heights Subdivision

Building Details

  • Gross Income $62,400
  • Net Operating Income $47,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,610

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: COLO
  • Subdivision Name: Bromley Heights
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4495
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Disposal
  • Accessibility Features: Level Lot
  • Has Basement: None
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System, Abuts Park
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, United Power
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, City of Brighton
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: South
  • HighSchool: Brighton
  • Junior High Dist: Brighton Dist 27J
  • Middle Or Junior School: Vikan, Walter L.

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 7405
  • Parcel #: R0004610
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5610

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 15363

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/10/2021 09/10/21 Off Market $845,000 -- --
06/07/2021 06/07/21 Sold $845,000 0.0% $188 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $845,000 -- $188 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karla Brown

    Seller's Agent in 2021

    Karla Brown

    The Colorado Group

    (720) 635-5054

    2 in this area

    35 Total Sales

    Karla Brown
    Section Image
  • Scot Smith

    Seller Co-Listing Agent in 2021

    Scot Smith

    The Colorado Group

    (720) 351-8243

    2 in this area

    7 Total Sales

    Scot Smith
    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 937058

IRES MLS
Colorado Adams County Brighton 80601

639 Jessup St, Brighton, CO

This home is located at 639 Jessup St, Brighton, CO 80601 since 07 April 2021. This property was built in 1971. 639 Jessup St is a home located in Adams County with nearby schools including South Elementary School, Vikan Middle School, and Brighton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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