$1,775,000 Price Analysis    ♡   Denver, CO 80203 8 bed 6 bath 4,044 SqFt ($438/SqFt) 9,360SqFt lot. Built 1954 Listed 2024-03-13, Taxes $8,063 | Ⓧ USDA Ineligible due to price & location near Denver |
Mid-Century condos within one building in fabulous North Wash Park neighborhood.
* Sale Pending *NO HOA Dues to pay, as you own the whole building. Six units- 4 One bed, one bath units and 2 Two bedroom, one bath units each with their own storage in the basement. The building has been well cared for and could yield a much higher cap rate with some cosmetic updates. The building has had one owner for 26+ years. Every unit is currently leased and whe n they do come available they are usually rented pretty quickly! Two units leases expire in June, 2024.
The rents are currently drastically reduced due to the Tenant's longevity at their residences. Two units are rented for a full year close to market value. One unit is month to month and the last unit is rented through August 2024. All showings are to be scheduled directly with the listing agent. Potential Buyers must show prof of financing and funds before showings.
Presented by Strawberry Melissa Windholz at
Corcoran Perry & Co.
Property MLS #6353867 from REcolorado
Full Bathrooms: 6
Range
Refrigerator
Washer
Laundry Features: In Basement
Heating Features: Forced Air
Road Responsibility: Public Maintained Road
Lot Size Acres: 0.214876
Lot Size Square Feet: 9360
Elementary School District: Denver 1
High School: South
High School District: Denver 1
Middle School: Grant
Middle or Junior School District: Denver 1
Map directions Map directions Map directionsTenant Pays: Cable TV, Electricity, Internet, Telephone
Source Listing Status: Active Under Contract
County: Denver
Tax Year: 2022
Distance To Bus: 3
Distance To Bus Units: Blocks
Source Property Type: Residential Income
Exclusions: Tenants personal property.
Source Neighborhood: North
Owner Pays: Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
Parcel Number: 5104-02-032
Subdivision: North
Zoning: G-MU-3
Property Subtype: Quadplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $41,560 + $66,510 $108,070 | $8,063 |
| 2020 | $38,380 + $55,430 $93,810 | $6,960 |
| 2019 | $38,380 + $55,430 $93,810 | $6,765 |
| 2018 | $38,450 + $41,860 $80,310 | $6,213 |
| 2017 | $38,450 + $41,860 $80,310 | $6,194 |
| 2016 | $26,300 + $37,020 $63,320 | $5,163 |
| 2015 | $26,300 + $37,020 $63,320 | $4,947 |
| 2014 | $7,740 + $40,980 $48,720 | $4,046 |
| 2013 | $7,740 + $40,980 $48,720 | $4,048 |
| 2012 | $14,183 + $26,077 $40,260 | $3,384 |
| 2010 | $14,183 + $26,077 $40,260 | $3,384 |
| 2009 | $17,292 + $33,528 $50,820 | $3,310 |
| 2008 | $17,292 + $33,528 $50,820 | $3,145 |
| 2007 | $32,987 + $14,113 $47,100 | $3,150 |
$1,775,000
REcolorado
Sold 1996-11-27
$247,500
Public Record
Operating Expense Includes: Advertising, Insurance, Maintenance, Personal Property Tax, Utilities
Year Built: 1954
Above Grade Finished Area: 4044
Common Walls: 2+ Common Walls
Construction Materials: Brick
Levels: One
Property Age: 70
Property Attached: Yes
Roof: Composition
Structure Type: Quadruplex
Architectural Style: Traditional
Sewer: Public Sewer
Electricity Connected
Natural Gas Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.