39.859978 -104.969765
9011 Hoffman Way Thornton CO 80229 232464345 39.859978 -104.969765 30105 /listing/232464345-151082055/9011-hoffman-way-thornton-co-80229 False 0 577000.0 2777 105 102 7 3 7039721 False 1954 0.18 0.18

9011 Hoffman Way

Thornton, CO 80229 MLS# 7039721

Closed 02/28/19

232464345 True False 39.859978 -104.969765 30105 /listing/232464345-151082055/9011-hoffman-way-thornton-co-80229 False 0 577000.0 2777 105 7 3 7039721 False 47188447 0
$577,000
MLS# 7039721
Closed 02/28/19
  1. Listed on 02/28/19
  • 7 Bedrooms Beds
  • 3 Bath Baths
  • 2,777 Square Feet Sq.Ft
  • 0.18 Acres
  • 1954 Year Built Yr. Built
9011 Hoffman Way Thornton, CO 80229 MLS# 7039721
Closed 02/28/19
232464345 39.859978 -104.969765 30105 /listing/232464345-151082055/9011-hoffman-way-thornton-co-80229 False 0 577000.0 2777 105 7 3 7039721 False
$577,000
  • 7 Bedrooms
  • 3 Bath
  • 2,777 Square Feet
  • 0.18 Acres
  • 1954 Year Built
  1. Listed on 02/28/19
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Description

Extremely RARE find. Fully remodeled brick ranch duplex that is actually 2 separate units on single LARGE lot. 4 bedrm & a 3 bedrm. Renters feel like they have their very own home & rents reflect. Tons of windows, skylight & fresh upgrades! Getting $2195 for 4 bed & $1795 for 3 bed = $3900/month! Separate metering, washer/dryer in both units & tenants pay ALL utilities so super low operating costs. With full remodel & low long term maintenance costs your cash flow & ownership calcs a synch! Come get your 7+ CAP rate NOW!!! Privacy fence, outdoor concrete patio, & grill. Quiet, safe & inviting neighborhood draws BEST renters! Run your comps... $350k on front house & $325k on back house gives you $100k equity the day you close. Cash flow from day 1! Great finishes, Stainless Steel in kitchen & no detail left undone. Located close to Amazon Fulfillment Center, I-25, Denver Outlet Mall & lots more! Stop waiting & get this one into your investment portfolio before someone beats you to it!

Courtesy Of Your Castle Real Estate Inc
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Beds: 7
  • SqFt Finished: 2517
  • SqFt Above: 2517
  • PSF Total: 207.78
  • PSF Finished: 229.24
  • PSF Above Grade: 229.24
  • Year Built: 1954
  • Property Condition: Updated/Remodeled
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Special Listing Conditions: None Known
  • Ownership: Corporation/Trust
  • Possession: Closing/DOD
  • Building Features: Individual Basement
  • Stories: 1
Interior Features
  • Number Of Units Vacant: 0
  • Number Of Storage Units: 0
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Oven, Range Hood, Washer
  • Flooring: Carpet, Laminate, Tile
  • Interior Features: Breakfast Nook, Pantry
  • Laundry Availability: In Unit
  • Occupant Type: Tenant
  • Security Features: Smoke Detector(s)
  • Window Features: Skylight(s)
  • Exclusions: Any and all tenant possessions
  • Number Of Units Furnished: 0
Unit Info
  • 3 Bedroom
  • Average Rent: 1795.00
  • Bathrooms: 1
  • Average SqFt: 1268.00
  • Hookups: 1
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 3 Bedroom
  • Dishwashers: 1
  • Number of Units: 1
  • 4+ Bedroom
  • Average SqFt: 1509.00
  • Number of Units: 1
  • Bathrooms: 2
  • Stoves: 1
  • Unit Type: 4+ Bedroom
  • Dishwashers: 1
  • Refrigerators: 1
  • Average Rent: 2195.00
  • Hookups: 1
Room Details
  • Basement: Unfinished, Partial, Interior Entry/Standard
  • Basement YN: Y
  • Basement Percent Finished: 0
Parking/Garage
  • Off-Street
  • Parking Type: Off-Street
  • Parking Spaces Number Of: 5
  • Total Carport Spaces: 0
  • Parking: Off Street
  • Total Reserved Spaces: 0
  • Total Offstreet Spaces: 5
  • Unit Features: Assigned Parking,Individual Basement
  • Parking Total Searchable: 5
  • Total RV Spaces: 0
Community/Neighborhood Information
  • Walk Score: 52
HOA
  • HOA YN: N
Financial Considerations
  • Annual Water Expense: 0
  • Cable TV Expense: 0
  • Cap Rate: 7.10
  • Tax ID: R0052812
  • Electric Exp: 0
  • Gross Income: 47880
  • Insurance Expense: 1200
  • Real Estate Taxes: 1905
  • Tax Amount: 1905.00
  • Owner Pays Utilities: Trash Collection, Water
  • Tenant Pays: Electricity, Telephone, Internet, Cable TV, Gas
  • Operating Expense Includes: Utilities, Cable TV, Insurance, Internet, Fuel, RealEstateTax
  • Rentals Allowed: Long Term, Short Term Lease
  • Utilities Metering: Separate Electric, Separate Gas
  • Utilities Paid By Tenant: Direct Billing from Utility
  • Gas Expense: 0
  • Gross Operating Income: 49000
  • Internet Annual Expense: 0
  • Net Operating Income: 40800
  • Potential Rental Income Annual: 49000
  • Annual Expenses: 7080
  • Annual Expense Proj: 4600
  • Annual Income Proj: 49000
  • Annual Net Income Proj: 44400
  • Tax Year: 2017
Exterior & Lot Features
  • Zoning: SFR
  • Exterior Features: Private Yard, Garden
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Roof: Composition
  • Fencing: Full
  • Lot Features: Landscaped, Corner Lot
  • Other Structures: Shed(s)
  • Road Surface: Paved
Utilities & Green Home Features
  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
Schools Near 9011 Hoffman Way Thornton, CO
District: Adams 12 5 Star Schl
Schools: McElwain, Thornton, Thornton
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2755 S LOCUST ST STE 150

DENVER, CO 80222
(303) 378-0050 (303) 962-4272

2755 S LOCUST ST STE 150

DENVER, CO 80222
(303) 775-8744 (303) 962-4272
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