$1,225,000

Quadruplex In Denver

  • 3,844 Sqft
  • Aktualisiert: Oktober 2
  • Quelle:
    REcolorado  MLS#2104014

Über die Immobilie

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Die Beschreibung wird in der Originalsprache angezeigt.
3251-3263 Olive St. is an attractive 6-unit apartment building located in the Park Hill neighborhood of Denver. The building features (5) 2Bd/1Ba and (1) 3Bd/1Ba units situated in a side-by-side layout which is always preferred by both tenants and investors. The property is currently 100% occupied with proven stability of income. This listing boasts a current 6.8% cap rate on real income and expen
3251-3263 Olive St. is an attractive 6-unit apartment building located in the Park Hill neighborhood of Denver. The building features (5) 2Bd/1Ba and (1) 3Bd/1Ba units situated in a side-by-side layout which is always preferred by both tenants and investors. The property is currently 100% occupied with proven stability of income. This listing boasts a current 6.8% cap rate on real income and expenses. With modest rent increases, investors can improve this to a 7.3% cap rate.

Current ownership completed a full overhaul of the property in 2016 including a new roof, full electrical upgrade, new plumbing throughout, new furnaces, in-unit laundry, and full unit remodels. All units have their own gas (separate furnaces) and electric meters which reduce ownership expenses. Tenants enjoy access to their private laundry, 7 parking spaces for the 6 units, and 4 of the units having access to fenced in back yards. For the right investor, this is a high cash flowing deal with no deferred maintenance in a great neighborhood of Denver.

Highlights:

Full property renovation in 2016 including new: roof, full electrical upgrade, furnaces, in-unit laundry, plumbing throughout, and full unit remodels
Premium 2bedroom and 3bedroom floor plans with in-unit laundry
Separately metered for both gas and electric which tenants pay directly
High returns on day 1 of ownership - 6.8% cap rate!
Attractive Park Hill location
…
  • Art der Immobilie

    Andere

  • Baujahr

    1955

  • Preis/Quadratfuß

    $318

Funktionen

Erkunden Sie die Gegend

3251-3263 Olive Street, Denver, Colorado, Vereinigte Staaten Auf Google Maps anzeigen
Preis pro sqft
Niedrig
Hoch

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NorthPeak Commercial Advisors, LLC - DENVER

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NorthPeak Commercial Advisors, LLC - DENVER
Colorado, United States
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3
Angebote
2026
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Art der Tour
NorthPeak Commercial Advisors, LLC - DENVER
DENVER, Colorado, United States
Agenturprofil anzeigen
Zuletzt aktualisiert
Oktober 2
Erstmalig gelistet
Oktober 2
Angebotsreferenz
2104014
Angebotsstatus
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Hallo, ich rufe wegen der Immobilie mit der Referenz 2104014 an, die ich auf JamesEdition gefunden habe.

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