$500,000
$499,888
For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,714 SqFt
SOLD DATE : 11/19/2021
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,714 sqft
Price per Sqft $184
Subdivision Progress Heights
MLS Listing ID 4330172
Sold Date 11/19/21
Style A-Frame
Bedrooms 6
Full Baths 3
HOA Y/N No
Originating Board recolorado
Year Built 1932
Annual Tax Amount $1,747
Tax Year 2019
Lot Size 8,276 Sqft
Acres 0.19
Property Description
GREAT INVESTMENT OPPORTUNITY!! This wonderful single family house has been converted into a duplex like property, where there's two income streams with cash flow of around 7% cap rate. Buy as an investment, or live in one and rent out the other to help with your monthly payments and build equity along the way. The upper unit is completed with a kitchen, family room, three bedrooms and two full bathrooms. The lower unit has its own kitchen, family room, three bedrooms and one full bathroom. The current rent is below market value and new owners can raise the rent when lease expires on December 31, 2021 and January 31, 2022. Don't miss out on this excellent chance to own an income generated home!
Location
State CO
County Denver
Zoning S-SU-D
Rooms
Basement Finished, Full
Main Level Bedrooms 2
Interior
Interior Features Ceiling Fan(s)
Heating Hot Water, Natural Gas
Cooling Other
Flooring Laminate, Tile
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Garage Concrete
Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
Roof Type Architecural Shingle
Parking Type Concrete
Total Parking Spaces 14
Garage No
Building
Lot Description Corner Lot, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Stucco, Wood Siding
Schools
Elementary Schools Cms Community
Middle Schools Grant
High Schools Abraham Lincoln
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with eXp Realty, LLC
Making real estate fun, simple and stress-free!