3687 S Grant Street

    Englewood, CO 80113
    • $775,000
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 7915374
    Price Reduced
    UPDATED: 73 min ago
    $775,000
    • 5
      BEDS
    • 0.16
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,422
      SQFT
    • $320
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Homesmart Realty Group Of Colorado.

    Description

    Price lowered again! Motivated seller. Consistently cash flowing at 7.4% cap rate at the lowered price with value-add potential remodeling the upstairs unit and raising rents!! Property management is done by the owner whom has made this an efficient investment that will continue to cash flow with little to no work required by the new owner for years to come. Garage rental is $400/month and is included in the cash flow analysis. Whether you're a first-time or seasoned investor this is an investment that will grow your portfolio to the next level. Just look at the numbers!

    Monthly Payment Calculator



    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/95571775

    3687 S Grant Street Englewood, CO 80113

    • Price: $775,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 7915374
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,422
    SQFT
    $320
    $/SQFT
    1956
    Built
    Neighborhood:
    South Broadway Heights
    County:
    Arapahoe
    Area:
    Englewood
    Elementary School:
    Cherrelyn
    Middle School:
    Englewood
    High School:
    Englewood
    School District:
    Englewood 1
    Property Description
    Price lowered again! Motivated seller. Consistently cash flowing at 7.4% cap rate at the lowered price with value-add potential remodeling the upstairs unit and raising rents!! Property management is done by the owner whom has made this an efficient investment that will continue to cash flow with little to no work required by the new owner for years to come. Garage rental is $400/month and is included in the cash flow analysis. Whether you're a first-time or seasoned investor this is an investment that will grow your portfolio to the next level. Just look at the numbers!
    Exterior Features

    Construction Materials Brick Construction Methods BrickConcrete Distance To Bus 0.20 Distance To Light Rail 1.00 Exterior Features PatioYard Parking Garage (Detached) (2 Spaces) Parking Features 220 VoltsPit Parking Total Searchable 2 Roof Composition Shingles Structural Style Ranch/1 Story Style Characteristics Up/Down Unit Access Exterior AccessGarden Level

    Interior Features

    Basement Finished YN Yes Basement Percent Finished 100 Basement Size Full Basement Type Apartment Cooling Air Conditioning-Central Heating Forced Air Heating Fuel Gas Laundry Availability W/D Hookups in UnitWasher/Dryer Included Laundry Location Every Floor Sq Ft Above 1211 Sq Ft Basement 1211 Sq Ft Finished 2422

    Property Features

    Additional Information 1031 ExchangeAgent OwnerIncome History AvailableIncome PotentialTenant Occupied Annual Expense Actual 4762 Annual Expense Proj 5000 Annual Income Actual 62100 Annual Income Proj 63900 Annual Net Income Actual 57338 Annual Net Income Proj 58900 Building Area Source County Records Building Type Triplex (All Units) Capitalization Rate 7.40 Capitalization Rate Calculation = 57338 / 775000 Has Hoa YN No Has Multiple Hoas YN No Listing Financing CashConventionalExchange Potential Rental Income Annual 63900 Seller Type Individual Status Conditions None Known Tax Amount 2023.00 Tax Year 2017 Transaction Type For Sale Unit Count 3 Water Annual Expense 98 Zoning Er2b

    Listing courtesy of Homesmart Realty Group Of Colorado: MLS #7915374


    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 Homesmart Realty Group Of Colorado.