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2275-2281 S Cherokee,  Denver CO, 80223 ( Sold )

  • Sold Price:
    $525,947
  • 07/19/2016

MLS# 4683293
|
8 beds, 4 baths
Source:REcolorado

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Listing Provided Courtesy Of: HomeSmart Realty Group of Colorado
Last Updated: 12/8/2016 4:09 AM
Description for 2275-2281 S Cherokee,  Denver CO, 80223
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 ?
Price
Sold Price:
$525,947
Sold Date:07/19/2016
Rosedale
Denver
8
4
3,738 (approx)
4683293
Sold
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 ?
Listing Information
Property Type: Fourplex
Multi Level 8
4 0.29 Acres
12,500 3,738 (approx) $140.7
1954 Brick, Wood Siding, Block, Concrete
Rosedale
3,290 Sq. Ft. (approx)
Common Electric Meters, Common Gas Meters
4 Total
Neighborhood
School Information
District: Denver 1
ASBURY GRANT SOUTH
Room Information
Shared Laundry in Building, Coin Laundry
Interior Features
Range-Oven
Evaporative
Gas Heat, Hot Water, Forced Air, Baseboard
Full
Exterior / Lot Features
8 Parking Spaces
Wood, Brick, Concrete
Covered, Deck
U-TU-C
Fenced (any type)
Deck-Covered, Near Public Transit
Community Features
Bus Line
Financial Considerations
5272-19-038
$2,601
2015
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80223 has a population of 604,356.

The median household income in Denver, Colorado 80223 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 80223 is 33.7 years.

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Courtesy: HomeSmart Realty Group of Colorado
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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