3093 W Center Avenue

    Denver, CO 80219
    • $855,000
    • STATUS: Under Contract
    • ON SITE: 26 days
    • MLS #: 5354348
    Under Contract
    UPDATED: 30 min ago
    $855,000
    • 8
      BEDS
    • 0.23
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,046
      SQFT
    • $281
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Brokers Guild Homes.

    Description

    CASH COW investment opportunity. This Adams Park 4-plex tucked into a residential neighborhood is a rare find. Located essentially at Alameda and Federal you are so close to downtown Denver you will never want for a tenant. The solid brick no-muss-no-fuss building means no budgeting for exterior painting. And, if that wasn't hassle free enough the individually metered units for gas and electric services means no time consuming and complaint prone tenant utility bill back. This also means YOU will never be on the hook for unpaid gas/electric service. With a current ACTUAL income of 67,056/year (we're not marketing a bogus "pro-forma" income number here - no no no!) you can be sure that the demand for this rental is REAL. With a mix of long term and shorter term tenants each having their individual entrances to their own living spaces you will not be disappointed on how THIS property operates in your portfolio. Dive by and have a look!

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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/100313438

    3093 W Center Avenue Denver, CO 80219

    • Price: $855,000
    • Status: Under Contract
    • Updated: 30 min ago
    • MLS #: 5354348
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.23
    Acres
    3,046
    SQFT
    $281
    $/SQFT
    1963
    Built
    Neighborhood:
    Adams Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Munroe
    Middle School:
    Kepner
    High School:
    West
    School District:
    Denver 1
    Property Description
    CASH COW investment opportunity. This Adams Park 4-plex tucked into a residential neighborhood is a rare find. Located essentially at Alameda and Federal you are so close to downtown Denver you will never want for a tenant. The solid brick no-muss-no-fuss building means no budgeting for exterior painting. And, if that wasn't hassle free enough the individually metered units for gas and electric services means no time consuming and complaint prone tenant utility bill back. This also means YOU will never be on the hook for unpaid gas/electric service. With a current ACTUAL income of 67,056/year (we're not marketing a bogus "pro-forma" income number here - no no no!) you can be sure that the demand for this rental is REAL. With a mix of long term and shorter term tenants each having their individual entrances to their own living spaces you will not be disappointed on how THIS property operates in your portfolio. Dive by and have a look!
    Exterior Features

    Architectural Style Other Construction Materials Brick Construction Methods Brick Parking None (0 Spaces) Roof Composition Shingles Storage Units Number Of 1 Structural Style Multi-Story Style Characteristics Low Rise (1-3)

    Interior Features

    Basement Size None Cooling Air Conditioning-Individual Heating Forced Air Heating Fuel Gas Sq Ft Above 3046 Sq Ft Finished 3046

    Property Features

    Accepting Backup Offers YN Yes Annual Expense Actual 12528 Annual Expense Proj 12528 Annual Income Actual 67056 Annual Income Proj 67056 Annual Net Income Actual 54528 Annual Net Income Proj 54528 Building Type Quadplex (All Units) Capitalization Rate 6.40 Contingent Approval Conditions None Known Has Hoa YN No Has Multiple Hoas YN No Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 0 Owner Paid Utilities TrashWater Seller Type Corporation/Trust Status Conditions None Known Tax Amount 2852.00 Tax Year 2018 Transaction Type For Sale Unit Count 1 Zoning E-Su-D1x

    Listing courtesy of Brokers Guild Homes: MLS #5354348


    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 Brokers Guild Homes.