$1,000,000
$1,275,000
21.6%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 07/08/2024
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5868805
Sold Date 07/08/24
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $6,865
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Property Description
2851 Eliot Circle is a well located asset that holds potential for investors to raise rents and enjoy cash flow in the pleasant Denver suburb of Westminster. It is located on a quiet block along the convenient Federal corridor allowing quick access to both Downtown Denver and Boulder. The property offers a unique and diverse unit mix including 2 story apartment units. The property has been well maintained and upgraded by the current ownership allowing the next owner to add value through light interior cosmentic upgrades and rent increases. Please also contact brokers for the possibilty of owning a portfolio of nearby properties.
County: Adams
Year Built: 1962
# Buildings: 1
# Stories: 2
Construction: Masonry | Reinforced Concrete
Roof Type: Pitched
GBA: 4,800 SF
Lot Size: 7,405 SF
Parking: Paved Surface | 12 Spaces
Heating: Boiler
A/C: Window Units
Water/Sewer: Master
Gas/Electric: Master | Individual
Zoning: R-4
• Opportunity to significantly increase rents
• Individually metered for electric
• Diverse unit mix with unique floorplans
• Security System installed
• Back porch and stairways redone
• Roof and Gutters repaired in 2023
Location
State CO
County Adams
Zoning R-4
Interior
Fireplace N
Exterior
Exterior Feature Barbecue
Roof Type Other
Garage No
Building
Story 2
Sewer Public Sewer
Structure Type Frame
Others
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 Kaufman Hagan
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Consultant | Broker Associate | FA100030130