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1055 Raleigh Street,  Denver CO, 80204 ( Sold )

  • Sold Price:
    $345,000
  • 11/13/2014

MLS# 7500413
|
8 beds, 2 Full/2 Three-Qtr baths
Source:REcolorado

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Listing Provided Courtesy Of: Equity Colorado
Last Updated: 12/4/2016 9:11 AM
Description for 1055 Raleigh Street,  Denver CO, 80204
DUPLEX - both sides! 1055 and 1057 Raleigh Street. Take advantage of this opportunity to own in Villa Park! Both units currently rented to long term tenants. Sides to the Lakewood/Dry Gulch Park greenbelt and trail system. Within walking distance of the Perry Lightrail Station, schools, multiple parks and RTD buses! Each unit has 1768 square feet with 4 bedrooms and 2 baths. Roof is 4 years old, water heaters 3 years old, tile in the bathrooms, off street parking out front as well as 3 spaces in back, fenced yard. Feel free to drive by units, but please do not disturb the current tenants. Units rent for a total of $2588. Annual total expenses for both units combined is approximately $4900 and include taxes, trash, water/sewer, insurance and minor repairs. Cap rate is 8.9%, cash on cash 12.6% and total return of 17.1% after principal reduction. Information deemed reliable but not guaranteed.
Price
Sold Price:
$345,000
Sold Date:11/13/2014
Villa Park
Denver
8
2 Full/2 Three-Qtr
3,536 (approx)
7500413
Sold
Description
DUPLEX - both sides! 1055 and 1057 Raleigh Street. Take advantage of this opportunity to own in Villa Park! Both units currently rented to long term tenants. Sides to the Lakewood/Dry Gulch Park greenbelt and trail system. Within walking distance of the Perry Lightrail Station, schools, multiple parks and RTD buses! Each unit has 1768 square feet with 4 bedrooms and 2 baths. Roof is 4 years old, water heaters 3 years old, tile in the bathrooms, off street parking out front as well as 3 spaces in back, fenced yard. Feel free to drive by units, but please do not disturb the current tenants. Units rent for a total of $2588. Annual total expenses for both units combined is approximately $4900 and include taxes, trash, water/sewer, insurance and minor repairs. Cap rate is 8.9%, cash on cash 12.6% and total return of 17.1% after principal reduction. Information deemed reliable but not guaranteed.
Listing Information
Property Type: Single Family-Attached
Other 8
2 Full/2 Three-Qtr 0.14 Acres
3,536 (approx) $97.57 1973
Brick
Villa Park
3,536 Sq. Ft. (approx)
Public Water Service
Public Sewer
Neighborhood
School Information
District: Denver 1
COWELL LAKE INT'L WEST
Room Information
Bathrooms
2 2
Eat-In Kitchen
Interior Features
Refrigerator, Range-Oven
Tile, Carpet
None
Gas Heat, Forced Air
Finished, Slab, Full
Double Pane
Alarm -Smoke/Fire,
Exterior / Lot Features
5 Parking Spaces
Brick
E-TU-C
Fenced (any type)
Green Belt, Park Adjacent, Public Transport
Financial Considerations
5064-10-037
$1,283
2013
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80204 has a population of 604,356.

The median household income in Denver, Colorado 80204 is $49,091. The median household income for the surrounding county is $49,091 compared to the national median of $53,046. The median age of people living in Denver 80204 is 33.7 years.

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Courtesy: Equity Colorado
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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