$1,130,000
$1,150,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
6 Baths
4,650 SqFt
SOLD DATE : 12/09/2024
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $243
Subdivision Englewood
MLS Listing ID 5317982
Sold Date 12/09/24
Bedrooms 9
HOA Y/N No
Abv Grd Liv Area 2,900
Originating Board recolorado
Year Built 1973
Annual Tax Amount $4,123
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3/2 and feature a bed/bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500/mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.
Location
State CO
County Arapahoe
Rooms
Basement Bath/Stubbed, Finished, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Parking Features Concrete, Storage
Roof Type Composition
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Clayton
Middle Schools Englewood
High Schools Englewood
School District Englewood 1
Others
Senior Community No
Ownership Estate
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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