1869 W Mosier Place, Denver CO 80223
$849,900
11 Bedrooms ,
7 Bathrooms
Property Description
INVESTORS! LOOK HERE!!! Get consistent rents from this solid all-brick 7-unit which already has stellar and professional management in place. This rarely available and affordable almost never vacant multi-unit housing offering with a Denver address features a desirable unit mix of four 2 bed / 1 bath units and three 1 bed / 1 bath units. The zip code is transitioning rapidly and has been experiencing high appreciation rates. The 7.86% CAP rate (proforma), separate electric meters and mostly long term dependable tenants likely make this the perfect addition to a real estate investment portfolio. Not done yet--it includes a great opportunity for the new owner to add tenant value and income by leasing existing storage spaces (not currently in use) and by installing coin-op laundry machines in the utility room.General Features
MLS: 3615309 | Status: Sold |
Sold Date: 01/10/2020 | Bedrooms: 11 |
Baths: 7 | Total SqFt: 6,538ft² |
Finished SqFt: 6,538ft² | Above Ground SqFt: 5,060ft² |
Acreage: 0.18 acres | Lot Size: 7,975ft² |
School Information
District: Denver 1 |
Elementary: Godsman |
Middle: Grant |
High: Abraham Lincoln |