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Key Details
Sold Price $1,440,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 4,732 sqft
Subdivision West Colfax
MLS Listing ID 2575548
Sold Date 09/30/24
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 4,732
Originating Board REcolorado
Year Built 1925
Annual Tax Amount $5,945
Lot Size 8,276 Sqft
Acres 0.19
Property Description
** BUY DOWN THAT RATE LIKE IT'S 2022 -- SELLER OPEN TO CONCESSIONS! **
Looking for a great investment opportunity or an owner-occupy-plus-income situation? This spacious, updated, charming Craftsman-Era fourplex, is in the West Colfax/Sloan's Lake Neighborhood. Situated in a prime area with high rental demand, it ensures consistent occupancy and rental income, making it a solid and dependable asset. The property has been meticulously maintained and requires minimal upkeep, making it an ideal turnkey investment. The building consists of four individual units: 2 up and 2 down, each with over 1100 square feet, 2 bedrooms/1 bath providing ample living space for active lifestyles. Each unit has W/D hookups, with 3 W/Ds, along with all other appliances, included in the sale. The unit intended to be owner occupied has a completely remodeled kitchen with quartz counter tops, tall white shaker soft-close cabinets, convection/air fryer range, and stainless appliances. The expansive exterior living area has a flowing fountain/pond, a large paver patio, gas grill, picnic tables, sun shades and swing, an alcove for bike storage, and an 8' x 16' storage shed, all included in the sale. Each unit has at least one designated off-street parking, as well. Substantial upside lies in completing the Party Wall Agreement with recent survey, adding two 2-car garages behind property, as well as revealing the original oak wood floors under carpet in the upper levels.
Location
State CO
County Denver
Area Metro Denver
Zoning U-RH-2.5
Direction From W Colfax, turn S on Quitman.
Interior
Interior Features Open Floorplan, Walk-In Closet(s)
Heating Forced Air
Cooling Ceiling Fan(s)
Exterior
Garage Spaces 5.0
Fence Fenced
Utilities Available Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Gutters, Lawn Sprinkler System, Level
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Colfax
Middle Schools Strive Lake
High Schools North
School District Denver 1
Others
Senior Community false
SqFt Source Appraiser
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Bought with Discover Realty Group, LLC