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2005-2007 Otis,  Edgewater CO, 80214 ( Sold )

  • Sold Price:
    $625,000
  • 08/05/2016

MLS# 7627337
|
8 beds, 6 baths
Source:REcolorado

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Listing Provided Courtesy Of: Open Door Real Estate Inc
Last Updated: 12/8/2016 4:09 AM
Description for 2005-2007 Otis,  Edgewater CO, 80214
A FIREFLY PROPERTIES DESIGN. Two fully remodeled units with excellent income potential of over $52,000 NOI and centrally located in Edgewater near Historic District, Sloan's Lake, Highlands, and more. Each turn-key unit is a rare find including four bedrooms, three baths, garden level basement, and over 2,000 finished square feet. ALL NEW THROUGHOUT: granite, under-mount sinks, faucets, fixtures, cabinets, soft-close drawers, stainless steel appliances, oil-rubbed hardware, carpet, texture, trim, doors, tri-color paint, quality tested highly durable laminate wood flooring, designer and recessed lighting, central A/C, furnace, washer, dryer, exterior concrete drive and walkways. Brand new professional landscaping and privacy fence. Separate, lockable garage spaces. Exceptional investment opportunity offering very low deferred maintenance and expenses with option of living in one side and renting other. Area rents project $2,400/month per unit, producing approximate cap rate of 8.25%.
Price
Sold Price:
$625,000
Sold Date:08/05/2016
Edgewater
Jefferson
8
6
4,332 (approx)
7627337
Sold
Description
A FIREFLY PROPERTIES DESIGN. Two fully remodeled units with excellent income potential of over $52,000 NOI and centrally located in Edgewater near Historic District, Sloan's Lake, Highlands, and more. Each turn-key unit is a rare find including four bedrooms, three baths, garden level basement, and over 2,000 finished square feet. ALL NEW THROUGHOUT: granite, under-mount sinks, faucets, fixtures, cabinets, soft-close drawers, stainless steel appliances, oil-rubbed hardware, carpet, texture, trim, doors, tri-color paint, quality tested highly durable laminate wood flooring, designer and recessed lighting, central A/C, furnace, washer, dryer, exterior concrete drive and walkways. Brand new professional landscaping and privacy fence. Separate, lockable garage spaces. Exceptional investment opportunity offering very low deferred maintenance and expenses with option of living in one side and renting other. Area rents project $2,400/month per unit, producing approximate cap rate of 8.25%.
Listing Information
Property Type: Duplex
Other 8
6 0.14 Acres
6,250 4,332 (approx) $144.28
2003 Yes Metal, Frame
Edgewater
4,116 Sq. Ft. (approx)
Individual Electric Meters, Separate Gas Meter
2 Total
Neighborhood
School Information
District: Jefferson R-1
LUMBERG JEFFERSON JEFFERSON
Room Information
Master Suite
Washer/Dryer Included
Eat-In Kitchen
Interior Features
Dishwasher, Disposal, Dryer, Microwave Oven, Range-Oven, Washer
Tile, Laminate, Carpet
Central Air
Gas Heat, Forced Air
Full
Alarm -Smoke/Fire,
Updated
Exterior / Lot Features
6 Parking Spaces, Garage (Attached)
Metal, Frame
Patio
City
R-2
Fenced (any type)
Landscaped, Near Public Transit
Community Features
Bus Line
Financial Considerations
087510
$2,902
2015
Listing Price History

Edgewater Real Estate

Edgewater is located in Colorado. Edgewater, Colorado 80214 has a population of 5,183.

The median household income in Edgewater, Colorado 80214 is $40,011. The median household income for the surrounding county is $68,748 compared to the national median of $53,046. The median age of people living in Edgewater 80214 is 32.5 years.

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Courtesy: Open Door Real Estate Inc
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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