4390 Decatur Street, Denver, CO 80211

$1,150,000
5
BD
4,580
SqFt
Sold Price
$1,150,000
List Price
$1,150,000
Closing Date
Feb 28, 2019
Type
Multifamily
Status
SOLD
MLS Number
2894186
Total # of Units
6
Total Sqft
4,580
Finished Sqft
4580
Sub-Area
Sunnyside
Year Built
1953

Property Description

This is your opportunity to own an investment property in the hot Sunnyside neighborhood. 44th Ave boasts great restaurants (Social Bacon, Sunny’s), boutiques & is only minutes from downtown. Bldg sits on the corner of 44th & Decatur. The 2 story multi-unit bldg w/ 5 (750 sqft) one bdrm one bath units & 1 (625 sqft) studio unit has outfitted each unit with their own mechanicals. All units have coved ceilings & hardwood floors w/ large living spaces & bedrooms. Units could use updates to increase cap rate. Solid long term tenants w/ leases, a couple of units are month to month allowing rents to be increased in the future. Covered patio in back, covered carport w/ four spaces, W/D is coin operated in the basement. Land is zoned U-MS-3 which currently allows for TH. Please contact the Zoning dept for more information about the specifics uses allowed for this properties dimensions and location. Please do not bother the tenants. 48 hour notice to view units on weekdays only 9-5. 3D links

Additional Information

Proj. Ann. Income
103320
Act. Ann. Income
72000
Act. Ann. Expense
12000
Proj. Ann. Expense
13472
School District
Denver 1
Elementary School
Columbian
Middle School
Strive Sunnyside
High School
North
Garage Spaces
4
Parking Features
Driveway-Concrete
Style
Multi-Story
Basement Size
Full
Basement Square Feet
1205
Zoned
U-MS-3
Amenities
Eating Space / Kitchen
Lot Size
6,332
Acres
0.15
Roofing Material
Rolled Roofing
Contstruction
Brick
Taxes
$4,903
Tax Year
2017
Site Features
Corner Lot
View
Mountain View
Financial Terms
Cash, Conventional

Courtesy of 8z Real Estate

Selling Office: MB MARKET MASTERS REAL ESTATE.

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Calculator source: Real Geeks

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