UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8566059
HOA Y/N No
Year Built 1960
Annual Tax Amount $5,373
Tax Year 2024
Lot Size 0.363 Acres
Acres 0.36
Property Sub-Type Multi Family
Source recolorado
Property Description
The next owner can increase revenue even without raising rent by implementing RUBS and paid parking, and reducing expenses with professional or self management. Average rent is currently 15% below market. Unit updates on turnover will ensure this property continues to perform at market rate.
Location is perfect for workforce housing, in a quiet neighborhood just off Federal Blvd, near bus routes, schools, and urgent care. Local amenities include numerous restaurants, parks, and outdoor entertainment. In-unit amenities include washer/dryer hookups and individual furnace and water heater.
Location
State CO
County Denver
Zoning S-MU-3
Interior
Fireplace N
Exterior
Total Parking Spaces 5
Garage No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "
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