$873,000
$899,900
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,759 SqFt
SOLD DATE : 11/02/2021
Key Details
Sold Price $873,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,759 sqft
Price per Sqft $496
Subdivision Pleasant View
MLS Listing ID 7563714
Sold Date 11/02/21
Bedrooms 5
HOA Y/N No
Originating Board recolorado
Year Built 1972
Annual Tax Amount $2,446
Tax Year 2020
Lot Size 0.340 Acres
Acres 0.34
Property Description
Great investor deal multi-unit on large lot! Amazing Golden location, near the intersection of I-70 and 6th avenue, close to Colorado Mills Mall. Unit 1 is a 2 bed-1 bath on the main floor with a full unfinished basement, rough-in for a bath; washer & dryer included. Unit 2 is a 3 bed-1 bath on the main floor with a full unfinished basement, rough-in for a bath; washer & dryer included. Newer roof, gutter guards, main sewer line, 3-tier sump pump with battery backup. Fully enclosed fencing on both sides. Both units have their own storage shed. Both units have newer appliances, paint, fans and lighting throughout. HUGE ADDITIONAL UPSIDE POTENTIAL. A similar parcel with the same model duplex on the same street got a zoning change which allowed them to add up to two more units for a total of 4 units. You can try to do the same!!! Large private off-street parking lot can fit at least 4 cars. This property always has lots of interest from students from School of Mines, Colorado Christian University and Young Professionals. Great income producing duplex and currently believed to be rented under market value. Current annual net income is $44,600. Projected Annual Net Income of $50,420 and Cap Rate of 5.6 advertised is based on conservatively increased rents. 656 is under lease until end of May 2022. 658 is Month to Month lease with tenants interested in renewing. Buy for income or as a live in one side and use the income to help with housing costs! Close to shops, restaurants, bars, hiking & biking trails and public transportation. PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO ROXANE@MYHOMETEAMDENVER.COM.
Location
State CO
County Jefferson
Zoning R-2
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Laminate Counters
Heating Electric, Forced Air, Natural Gas
Cooling None
Flooring Carpet, Laminate, Tile
Fireplace N
Appliance Disposal, Dryer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Sump Pump, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard, Rain Gutters
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
View Mountain(s)
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame, Wood Siding
Schools
Elementary Schools Welchester
Middle Schools Bell
High Schools Golden
School District Jefferson County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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