Multifamily Condo For Sale • 3,154 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit A | Flex | 3,154 SF | $940,000 USD | |
DescriptionTHIS IS AN INVESTMENT PROPERTY that can be utilized at a later date as a personal residence once the current leaseagreements have expired or been terminated. This property is an up-and-down duplex, with the main-level 1-story homebeing a separate rental unit from the basement rental unit. The basement unit has a separate outside entrance. There is also a detached ADU rental unit that a tenant currently occupies. The owner has current leases for all units, and the listing agent has all leases available for inspection and review. The ADU has a heat and cooling unit in the window. The ADU is not currently approved for rental, but a request has been submitted to the City of Englewood for approval. There is no guarantee that the City of Englewood will authorize the ADU as a legal rental unit, and the seller does not represent that the ADU has been officially approved. All measurements are approximate and are derived fromArapahoe County Records or other sources. Sale NotesThis is a residential income property, and all three units are currently occupied by tenants with leases in place. All showings require a 24-hour notice for tenants. Listing agent must be present for all showings. The listing agent's phone number is: (303) 564-7630. The property could be sold and later converted to a single-family residence after the lease period expires, with the portion the homeowner wants to occupy. |
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An investment property that can be utilized at a later date as a personal residence once the current lease agreements have expired or been terminated. This property is an up-and-down duplex, with the main-level 1-story home being a separate rental unit from the basement rental unit. The basement unit has a separate outside entrance. There is also a detached ADU rental unit that a tenant currently occupies. The owner has current leases in place for all the units, and the listing agent has all the leases available for inspection and review. The ADU has a heat and cooling unit in the window. The ADU is not currently approved for a rental unit, but a request has been submitted to the City of Englewood for approval. There is no guarantee that the City of Englewood will authorize the ADU to be a legal rental unit, and the seller does not represent that the ADU has been officially approved. All measurements are approximate and are derived from Arapahoe County Records or other sources. Listing agent must be present for all showings. There are three rental units on this property. The main level home, a lower-level rental unit, and an ADU in the back.
| Cap Rate: | 4.45 % |
| Total Expenses: | $14,204 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Union Station: Lodo-Coors Field-16Th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) | 14 min | - | 8.4 mi |
| Denver (California Zephyr - Amtrak) | 14 min | - | 8.6 mi |
| Airport | Drive | Walk | Distance |
| Denver International | 41 min | - | 30.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |