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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,706 sqft
Price per Sqft $439
Subdivision Byers
MLS Listing ID 7381434
Sold Date 05/24/24
Style Mid-Century Modern
Bedrooms 3
HOA Y/N No
Originating Board recolorado
Year Built 1956
Annual Tax Amount $3,435
Tax Year 2022
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Brick triplex in Prime Location with Great Potential in an area with a high demand for rentals. Two units have been beautifully remodeled with updated kitchens, bathrooms and flooring. All units have separate utilities and washer/dryer hookups. All had new windows installed in 2020 and new electrical panels with 220 volt upgrades. Convenient location near downtown, Wash Park and I-25. Very close to South Broadway Commerce including Voodoo Doughnut, Punch Bowl Social and the Mayan Theater.
Investment Opportunities – Lots of options: increase rents now with minor improvements, possibility to scrape, pop, or separate the units for a higher value. Low vacancy rate and high demand when a unit is available. The choice is yours – or just keep renting until you decide.
Location
State CO
County Denver
Zoning U-TU-B2
Interior
Heating Forced Air, Natural Gas
Cooling Other
Flooring Laminate, Wood
Fireplace N
Appliance Dryer, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Garage Driveway-Gravel
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Roof Type Other
Parking Type Driveway-Gravel
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot, Level
Story One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Lincoln
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with SYNERGY ASSOCIATES INC
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