$1,225,000
$1,275,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
8 Baths
5,200 SqFt
SOLD DATE : 09/24/2024
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $235
Subdivision Lyn Acres
MLS Listing ID 5898083
Sold Date 09/24/24
Style Traditional
Bedrooms 12
HOA Y/N No
Originating Board recolorado
Year Built 1971
Annual Tax Amount $3,277
Tax Year 2022
Lot Size 0.390 Acres
Acres 0.39
Property Description
Exceptional investment opportunity for upside in rents with this large side by side 4-plex on corner lot. 5-car detached garage and park like backyard. Recent updates: new roof, gutters, exterior paint, refreshed landscaping. New top to bottom remodel on Unit 1 with new kitchen, bathrooms, flooring, windows, doors, paint, appliances and central air. The other 3 units are well maintained with various updates. They are occupied with long term tenants that that are on month-month leases. Each unit has its own fenced patio and yard. 4 gas/electric meters and water has been submetered. Each tenant is billed for water usage. Unit 1 is available for showings. Units 3, 5, 7 are occupied and will be available for showings with an acceptable offer and 24 hours’ notice. Seller is offering 2% of loan amount for closing costs/rate buy down with acceptable offer. Property is walking distance to RTD park n ride at Alameda and Havana, restaurants, shopping, I-225, hospitals, DIA. PLEASE DO NOT DISTURB THE TENANTS. Agent owner.
Location
State CO
County Arapahoe
Rooms
Basement Exterior Entry, Finished, Full, Unfinished
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters
Heating Forced Air
Cooling Air Conditioning-Room, Central Air
Flooring Carpet, Laminate
Fireplace Y
Appliance Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator
Laundry In Basement, In Unit
Exterior
Exterior Feature Lighting, Private Yard, Rain Gutters
Garage Spaces 5.0
Fence Full
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Roof Type Composition
Total Parking Spaces 11
Garage No
Building
Lot Description Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear
Story Two
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Lansing
Middle Schools South
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Gala Realty Group, LLC
"My job is to listen carefully, never make assumptions, and deliver flawlessly on all my commitments! "