2275-2281 S Cherokee Street, Denver CO 80223
$529,000
8 Bedrooms ,
4 Bathrooms
Property Description
GREAT MULTI-UNIT INVESTMENT PROPERTY / ALL 4 UNITS ARE RENTED! THIS UP/DOWN DUPLEX FEATURES; 4 UNITS & ALL HAVE 2 BEDROOMS, 1 FULL BATHROOM, AND SEVERAL UNITS HAVE BEEN REMODELED. 2 CAR GARAGE THAT IS BEING USED BY ONE OF THE TENANTS, AND THERE IS ANOTHER 2 CAR GARAGE THAT THE SELLER USED FOR STORAGE & CAN BE CONVERTED BACK, USED FOR STORAGE OR CAN BE RENTED FOR ADDITIONAL INCOME. 2 FENCED YARDS, STORAGE UNITS, HUGE 12,500 SF LOT, SO MUCH POTENTIAL & RENTS ARE WELL BELOW MARKET AND WITH A LITTLE SWEAT EQUITY AND SOME MINOR FIX UP TO ONE OF THE GARAGES, THIS CAN BE A "CASH MONSTER". TENANTS BILLED DIRECTLY BY EXCEL (ONE BILL PER SIDE - TENANTS SPLIT BILL) SELLER PAYS WATER/SEWER. ONE SIDE HAS A HOT WATER BOILER & THE OTHER HAS 2 FURNACES, ON SITE COIN OPERATED LAUNDRY, 2 SWAMP COOLERS, AND ALL TENANTS ON MONTH-TO-MONTH LEASE. FANTASTIC LOCATION - CLOSE TO DU, WALK 2 BLOCKS TO LIGHT RAIL, 4 BLOCKS TO BROADWAY & EVANS AND ALL THE RETAIL, BARS, RESTAURANTS, RTD. PLEASE CALL WITH ?General Features
MLS: 4683293 | Status: Sold |
Listing Office: HomeSmart Realty Group of Colorado | Sold Date: 07/19/2016 |
Style: Quadruplex | Construction: Brick,Block,Concrete,WoodSiding |
Bedrooms: 8 | Baths: 4 |
Cooling: EvaporativeCooling | Heating: Baseboard,ForcedAir,HotWater,NaturalGas |
Total SqFt: 3,738ft² | Finished SqFt: 3,290ft² |
Above Ground SqFt: 1,869ft² | Acreage: 0.29 acres |
Lot Size: 12,500ft² | Year Built: 1954 |
Taxes & Fees
Tax Amount: $2,601 |
Tax Year: 2015 |
Additional Information
Site Features: CoinLaundry |
Outdoor Features: Covered,Deck,FrontPorch,PrivateYard,Full |
Property Features: Garage,OffStreet |
Common Amenities: CoinLaundry |