$975,000
$1,045,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
4 Baths
5,276 SqFt
SOLD DATE : 10/07/2022
Key Details
Sold Price $975,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 5,276 sqft
Subdivision Sable Village Filing 1
MLS Listing ID 7278364
Sold Date 10/07/22
Style Ranch
Bedrooms 14
HOA Y/N false
Abv Grd Liv Area 5,456
Originating Board REcolorado
Year Built 1978
Annual Tax Amount $5,282
Lot Size 0.290 Acres
Acres 0.29
Property Description
RARE GEM! This triplex is truly an astounding opportunity for the new or seasoned residential rental investor! The home boasts of three homes side by side with full finished basements, private garages, and spacious enclosed yards for each unit. The basement living quarters paired with the upstairs are perfect for blended families or mother-in-law housing, allowing the investor to capitalize on the square footage of the home and maximize the rents. All three units have full basements, with two of the three sporting a full kitchen, individual laundry room and private entrances. Possibly could be used as a short term rental opportunity. The property alone has five kitchens, 14 bedrooms, 6 full bathrooms and a front porch ideal for creating community among the tenants. It is in an ideal location close to Anschutz Medical Campus drawing renters from the medical community. This property showcases a revenue of over $9,000 a month with a strong upside potential. The area is becoming more affluent with several new condos within blocks of this property. The sky's the limit with this property especially for the investor who is looking for a generous monthly cash flow opportunity. Pair this property with the triplex next door, also for sale, to maximize the management and oversight of both. Special financing arrangement available with the current property lender.
Location
State CO
County Adams
Area Metro Denver
Direction From Sable Blvd, go west on E 22nd Place.
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Disposal
Exterior
Garage Spaces 3.0
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Gutters, Lawn Sprinkler System, Corner Lot, Level
Faces North
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Sable
Middle Schools North
High Schools Hinkley
School District Adams-Arapahoe 28J
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Other Owner
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