39.564125 -105.07699
8421 S Reed Street Littleton CO 80128 297183671 39.564125 -105.07699 60105 /listing/297183671-151082055/8421-s-reed-street-littleton-co-80128 False 0 1350000.0 7582 105 606 10 8 7527578 False 1998 0.29 0.29

8421 S Reed Street

Littleton, CO 80128 MLS# 7527578

Pending 06/17/21 07/06/21

297183671 False False 39.564125 -105.07699 60105 /listing/297183671-151082055/8421-s-reed-street-littleton-co-80128 False 0 1350000.0 7582 105 10 8 7527578 False 56626055 0
$1,350,000
MLS# 7527578
Pending 06/17/21 07/06/21
  1. Listed on 06/17/21
  • 10 Bedrooms Beds
  • 8 Bath Baths
  • 7,582 Square Feet Sq.Ft
  • 0.29 Acres
  • 1998 Year Built Yr. Built
8421 S Reed Street Littleton, CO 80128 MLS# 7527578
Pending 06/17/21 07/06/21
297183671 39.564125 -105.07699 60105 /listing/297183671-151082055/8421-s-reed-street-littleton-co-80128 False 0 1350000.0 7582 105 10 8 7527578 False
$1,350,000
  • 10 Bedrooms
  • 8 Bath
  • 7,582 Square Feet
  • 0.29 Acres
  • 1998 Year Built
  1. Listed on 06/17/21
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  • Details
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  • Price History
  • Schools
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  • Walk Score
  • Demographics
  • Nearby Homes
Description

Don't miss your opportunity to own one of the best investment properties in Littleton. This four-plex offers two 3 bedroom/2 bath, 1,200 square foot units upstairs; each with vaulted ceilings, fireplaces, large windows, open floorplans, and washer/dryer hookups. The two lower level units are each approximately 1,200 square feet with two bedrooms, two bathrooms, and a den. The lower level units also have fireplaces, wood floors, and washer/dryer hookups, as well as full basements. One unit has an unfinished basement, and the other one is almost complete and ready for your touch. Finish this space to increase your rental income and build equity! All four units include a detached garage (two two-car, and two one-car). The garages are completely separate from one another, allowing tenants to store their personal belongings. Every unit has its own private yard with grass and large trees. This beautiful Littleton neighborhood is minutes from C470, great dining and shopping. All four units are currently tenant occupied and under lease. No better way to have instant profit! Use the equity in your current home to jump into the investment world, or add this multifamily building to your existing portfolio. You can't go wrong with this well-kept unit in such a desirable location! Showings will be permitted with submitted proof of funds, so as not to disturb the tenants. Property currently grossing over $71,000 per year!

Courtesy Of Rex Homes LLC
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Architecture: Contemporary
  • Subdivision: Meadowbrook Heights
  • Garage: 6.0
  • Beds: 10
  • SqFt Finished: 5044.00
  • SqFt Above: 5044.00
  • SqFt Basement Finished: 0.00
  • SqFt Basement Unfinished: 2538.00
  • PSF Total: 178.05
  • PSF Finished: 267.64
  • PSF Above Grade: 267.64
  • Price Per Acre: 4655172.41
  • Year Built: 1998
  • Construction Materials: Cement Siding
  • Foundation Details: Structural
  • Unit Floor #: 1
  • Home Warranty YN: N
  • Special Listing Conditions: None Known
  • Ownership: Individual
  • Stories: 2
Interior Features
  • Laundry Availability: In Unit
  • Exclusions: Any personal property of the tenants.
  • Occupant Type: Tenant
  • Unit Count: 4
Unit Info
  • 2 Bedroom
  • Average Rent: 1400.00
  • Average SqFt: 1200.00
  • Parking Per Unit: 4
  • Unit Type: 2 Bedroom
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 8425, 8427
  • 3 Bedroom
  • Average Rent: 1550.00, 1600.00
  • Average SqFt: 1200.00
  • Parking Per Unit: 2
  • Unit Type: 3 Bedroom
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 8421, 8423
Room Details
  • Basement: Partial, Unfinished
  • Basement YN: Y
Parking/Garage
  • Garage (Attached)
  • Parking Description: Attached Garage
  • Parking Spaces Number Of: 6
  • Parking Type: Garage (Attached)
  • Off-Street
  • Parking Description: Driveway
  • Parking Spaces Number Of: 6
  • Parking Type: Off-Street
  • Parking Total: 12
  • Total Offstreet Spaces: 6
Community/Neighborhood Information
  • Senior Community YN: N
  • Walk Score: 27
HOA
  • Has Multiple HOAs YN: N
  • HOA YN: N
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Restrictions/Covenants YN: N
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Gross Income: 71400.00
  • Legal Description: SECTION 02 TOWNSHIP 06 RANGE 69 SUBDIVISIONCD 514600 SUBDIVISIONNAME MEADOWBROOK HEIGHTS BLOCK 005 LOT 0008 SIZE: 12600 TRACT VALUE: .289
  • Tax Amount: 4929.00
  • Tax ID: 033158
  • Tax Year: 2020
Utilities & Green Home Features
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
Exterior & Lot Features
  • Roof: Composition
  • Exterior Features: Balcony
  • Faces: East
  • Is Incorporated: Y
  • Patio And Porch Features: Patio
  • Road Responsibility: Public Maintained Road
  • Zoning: R-3
Schools Near 8421 S Reed Street Littleton, CO
District: Jefferson County R-1
Schools: Columbine Hills, Ken Caryl, Columbine
Listing Price History
  1. Listed on 06/17/21
  2. Selling for $1,350,000
  3. For Sale for 35 days
  1. Date
  2. Event
  3. Price
  4. Change
  • 6/18/2021
  • Price change
  • $1,350,000
  • $50,0003.8%
  • 6/18/2021
  • Price change
  • $1,300,000
  • $50,000-3.7%
  • 6/18/2021
  • Price change
  • $1,350,000
  • $50,0003.8%
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4366 Ivycrest Pt

Highlands Ranch, CO 80130
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Highlands Ranch, CO 80130
(720) 317-7683 (720) 317-8683
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