145 South Julian Street, Denver, CO 80219

$599,900
7
BD
4
BA
2,508
SqFt
List Price
$599,900
Type
Multifamily
Status
ACTIVE
MLS Number
5906388
Total # of Units
3
Total Sqft
2,508
Finished Sqft
2508
Sub-Area
Barnum
Year Built
1924

Property Description

Amazing income opportunity for an investors, builders, or any home buyer who would like to subsidize their mortgage expense with rental income but avoid having roommates. Zoned multi unit in the up and coming Barnum neighborhood. Reliable tenants have been in the property 10 years, 4 years, and 3 years. HIGH Value add potential with a little elbow grease and imagination. Raise the rents with a little cosmetic upgrades or Tear it down and build three new structures on site and make a killing on the sale side. currently 7.3 cap rate with current rents and 600k purchase price.

Additional Information

Proj. Ann. Income
53400
Act. Ann. Income
46200
Act. Ann. Expense
2000
Proj. Ann. Expense
2000
School District
Denver 1
Elementary School
Barnum
Middle School
Kepner
High School
West
Community Parking
Parking Lot: 5
Parking Type
Parking Lot
Parking Spaces
5
Community Parking
Parking Lot: 5
Parking Type
Parking Lot
Parking Features
Driveway-Concrete
Style
Multi-Level
Basement
Standard
Basement Size
Full
Basement Finished
Yes
Basement Square Feet
600
Zoned
E-SU-D1X
Lot Size
6,250
Acres
0.14
Roofing Material
Composition Shingles
Contstruction
Stucco
Taxes
$1,873
Tax Year
2018
Financial Terms
Cash, Conventional, Exchange, FHA

Courtesy of Brokers Guild Homes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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