$235,000
$235,000
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1 Bed
1 Bath
428 SqFt
SOLD DATE : 09/07/2023
Key Details
Sold Price $235,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 428 sqft
Price per Sqft $549
Subdivision City Park West
MLS Listing ID 5653398
Sold Date 09/07/23
Bedrooms 1
Full Baths 1
Condo Fees $290
HOA Fees $290/mo
HOA Y/N Yes
Originating Board recolorado
Year Built 1966
Annual Tax Amount $892
Tax Year 2022
Property Description
Welcome to 1833 Williams! This unit is a fantastic opportunity for savvy first-time buyers or an investor looking for a lucrative addition to their portfolio. As a furnished unit, it has been renting for $1,750 to $1,825. Located in the heart of Denver's bustling Uptown neighborhood, this modern, 1-bedroom, 1-bathroom condo spans a well-utilized 428 square feet and is move-in ready.
The condo is a steady revenue generator. For the last 6 years, it has been a furnished 60-day + Airbnb rental, providing a 6.4% CAP rate at the current listing price. No city regulations or taxes because it’s longer than 30 days, but you get the high rental premium of short-term rentals. The owner is happy to answer any questions and sell the property turnkey ready and furnished.
The unit features a strategically planned open layout which capitalizes on every square foot, providing a spacious feeling and western views of downtown. The sleek kitchen, complete with modern appliances, merges seamlessly into the comfortable living area, while the bedroom offers a restful space and privacy.
The property is situated within a short stroll of Denver's iconic City Park, and occupants will delight in having a diverse selection of restaurants, shopping and parks."
Location
State CO
County Denver
Zoning G-MX-3
Rooms
Main Level Bedrooms 1
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Fireplace N
Appliance Dishwasher, Microwave, Oven, Refrigerator
Laundry Common Area
Exterior
Roof Type Composition
Garage No
Building
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick
Schools
Elementary Schools Wyatt
Middle Schools Whittier E-8
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Integrity Real Estate LLC
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Consultant | Broker Associate | FA100030130