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$900,000 Under Contract

3970 West Utica Street
Denver, CO 80212

6 beds | Income
2,856 sq ft; lot: 6098 sq ft - MLS# 9250243
Property Photo
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Description

Great opportunity in the Hot Tennyson/ Berkley neighborhood! Walk to all the restaurants and shops on Tennyson. 2 - 2 bedrooms and 2 - 1bedroom units with low rents to long term tenants. There are also 4 garages which can be rented separately that are accessed from the alley. Separate electric meters. Good property for the investor coming out of a 1031 exchange to improve and raise the rents to market. Solid buildings needing some cosmetic updates. No showings until accepted contract so please don't disturb tenants.

Features

  • # of Parking Spaces: 4
  • Accepting Backup Offers YN: Y
  • Annual Expense Actual: 7504
  • Annual Expense Proj: 7504
  • Annual Income Actual: 54600
  • Annual Income Proj: 54600
  • Annual Net Income Actual: 47096
  • Annual Net Income Proj: 47096
  • Bedrooms: 6
  • Building Area Source: Appraiser Measured
  • Building Type: Quadplex (All Units)
  • Construction Materials: Other
  • Construction Methods: Frame
  • County/Area: Denver County
  • Elementary School: Centennial
  • Exterior Features: Patio
  • Flooring: Carpet, Laminate, Vinyl/Linoleum
  • Garage: 4
  • Heating: Forced Air
  • Heating Fuel: Gas
  • High School: North
  • Insurance Expense: 1815
  • Kitchen Appliances: Refrigerator (Kitchen)
  • Laundry Availability: W/D Hookups In Unit
  • Listing Status: Under Contract
  • Lot Size: 0.1400
  • Lot Size Sq Ft: 6000.00
  • Middle School: Bryant-Webster
  • Owner Paid Utilities: Gas, Property Tax, Trash, Water
  • Parking Count: 1
  • Parking Spaces: 4
  • Per Unit Features: Assigned Parking, Garage
  • Property Type: Income
  • Real Estate Taxes: 4189
  • Rentals Allowed: Long Term
  • Road Surface: Paved Road
  • Roofing: Composition Shingles
  • School District: Denver 1
  • Seller Type: Estate
  • Sq Ft Above: 2856
  • Sq Ft Finished: 2856
  • Sq.Ft.: 2856
  • Sqft Total: 2856
  • Stories: Multi-Level
  • Structural Style: Multi-Level
  • Style: Multi-Level, Up/Down
  • Style Characteristics: Up/Down
  • Sub Type: Income
  • Subdivision: Berkeley
  • Subdivision/Neighborhood: Berkeley
  • Tax Amount: 4189.00
  • Tax Year: 2018
  • Tenant Paid Utilities: Electricity
  • Unit Access: Exterior Access
  • Unit Count: 2
  • Units: 4
  • Utility Billingto Tenants: Direct Billing From Utility
  • Utility Metering: Separate Electric
  • Water Annual Expense: 1500
  • Year Built: 1954
  • Zip Code: 80212
  • Zoning: U-TU-C

Courtesy of:

  • More info
  • Greg Hume
    Hume & Company
    Cell: (303) 885-1016
    Office: (303) 740-8100 Fax: (303) 770-8844
    Email: humeandco@gmail.com
  • More info

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