1869 W Mosier Place

    Denver, CO 80223
    • $849,900
    • STATUS: Under Contract
    • ON SITE: 36 days
    • MLS #: 3615309
    Under Contract
    UPDATED: 42 min ago
    $849,900
    • 11
      BEDS
    • 0.18
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 6,538
      SQFT
    • $130
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Home Treasure Finders Inc.

    Description

    INVESTORS! LOOK HERE!!! Get consistent rents from this solid all-brick 7-unit which already has stellar and professional management in place. This rarely available and affordable almost never vacant multi-unit housing offering with a Denver address features a desirable unit mix of four 2 bed / 1 bath units and three 1 bed / 1 bath units. The zip code is transitioning rapidly and has been experiencing high appreciation rates. The 7.86% CAP rate (proforma), separate electric meters and mostly long term dependable tenants likely make this the perfect addition to a real estate investment portfolio. Not done yet--it includes a great opportunity for the new owner to add tenant value and income by leasing existing storage spaces (not currently in use) and by installing coin-op laundry machines in the utility room.

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    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    frontrange.8z.com/homes/99706171

    1869 W Mosier Place Denver, CO 80223

    • Price: $849,900
    • Status: Under Contract
    • Updated: 42 min ago
    • MLS #: 3615309
    11
    Beds
    7
    Baths
    0
    ½ Baths
    0.18
    Acres
    6,538
    SQFT
    $130
    $/SQFT
    1954
    Built
    Neighborhood:
    Marland Heights
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Godsman
    Middle School:
    Grant
    High School:
    Abraham Lincoln
    School District:
    Denver 1
    Property Description
    INVESTORS! LOOK HERE!!! Get consistent rents from this solid all-brick 7-unit which already has stellar and professional management in place. This rarely available and affordable almost never vacant multi-unit housing offering with a Denver address features a desirable unit mix of four 2 bed / 1 bath units and three 1 bed / 1 bath units. The zip code is transitioning rapidly and has been experiencing high appreciation rates. The 7.86% CAP rate (proforma), separate electric meters and mostly long term dependable tenants likely make this the perfect addition to a real estate investment portfolio. Not done yet--it includes a great opportunity for the new owner to add tenant value and income by leasing existing storage spaces (not currently in use) and by installing coin-op laundry machines in the utility room.
    Exterior Features

    Construction Materials Brick Construction Methods Concrete Parking Off-Street (6 Spaces) Parking Total Searchable 6 Roof Composition Shingles Structural Style Multi-Story Style Characteristics Side-By-Side

    Interior Features

    Basement Finished YN Yes Basement Floor Type Slab Basement Percent Finished 95 Basement Size Full Basement Type Garden Level Cooling Ceiling Fan Heating BaseboardSteam Heating Fuel Gas Sq Ft Above 5060 Sq Ft Basement 1280 Sq Ft Finished 6538

    Property Features

    Accepting Backup Offers YN Yes Annual Expense Actual 0 Annual Expense Proj 25646 Annual Income Actual 0 Annual Income Proj 94800 Annual Net Income Actual 0 Annual Net Income Proj 69154 Building Area Source County Records Building Type 5+ Plex (All Units) Capitalization Rate 7.86 Capitalization Rate Calculation Proforma Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventional Owner Paid Utilities ElectricityGasInsuranceMaintenance Potential Rental Income Annual 94800 Real Estate Taxes 3046 Seller Type Corporation/Trust Status Conditions None Known Tax Amount 3046.00 Tax Year 2018 Transaction Type For Sale Unit Count 0 Water Annual Expense 3000 Zoning E-Mu-2.5

    Listing courtesy of Home Treasure Finders Inc: MLS #3615309


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than 8z Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    8z Real Estate
    4041 Hanover, Suite 200
    Boulder CO, 80305
    Offered by Home Treasure Finders Inc.