Stunning fully remodeled 7-plex located just 1 block off of desirable Sloan's Lake in hear of new St Anthonys development. This property was a complete renovation performed by an experienced development firm and finished to County Codes with all permits completed top to bottom and no expenses spared. (6) 2 bedroom/1.5 bath/1-2 garage units and (One) 1 bedroom/1 bath/1 garage unit. All units are currently vacant allowing lease flexibility for long term and/or short term leases. Market analysis suggests long term rents of $2,000 - $2,500 for 2 bedroom units and $1,400 - $1,600 for 1 bedroom unit. Individually metered, furnace/AC, laundry, and split ready. Proforma rent figures are based on $2,300 for 2 bedrooms and $1,500 for 1 bedroom suggesting a 5.65% CAP rate. Ideal LOW MAINTENANCE property for the passive investor seeking a turn-key investment opportunity right in the heart of growth. WWW.SLOAN7.COM


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West Colfax

West Colfax (80)

Property Details

  • Days on PL 28
  • Parking 10 Spaces
  • Lot Size 20,000 SF (0 Acres)
  • PSF $463
  • MLS ID 6430453
  • Type Income
  • Style
  • Architecture Bungalow
  • Structure Type Ranch/1 Story
  • Seller Corporation/Trust
  • Above Grade sqft 5,232 SF
  • Finished sqft 5,232 FSF
  • Hoa Fees None
  • Year Built 1950
  • Faces
  • Amenities Adjacent to Park, Agent Owner, Air Conditioning-Central, Cable Available, Dishwasher, Disposal, Double Pane Windows, Eating Space / Kitchen, Fence, Front Porch, Income Potential, Professional Landscaping, Quick Possession, Remodeled, Smoke Alarm, Sprinkler System, Stove/Range/Oven, Tile Floor, Wood Floors, Yard

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School Colfax
  • Junior High School Strive Lake
  • High School
  • Zoned U-SU-C2
  • Taxes $4,774
  • County Denver
  • Heat Delivery Forced Air
  • Heat Fuel Gas
  • Cooling Air Conditioning-Central
  • Water
  • Sewer
  • Fireplaces
  • Basement Type
  • Basement Finished
  • Year of Construction 1950