379 S Meade Street Unit

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Sold Denver, CO 80219 MLS# 7606328 Sold by Jeffrey Piquette on 11/01/2021
$375,000
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Single Family Property Type
4 Bedroom
2 Bathroom
0 Garage
1426.00 Sq Ft
0.12 Acres
1950 Year Built

Overview

Excellent investment opportunity in Denver's thriving Westwood neighborhood. This 4 bedroom, 1 and 1/2 bath home is tenant occupied through Denver's Section 8 program offering secure rental income with a 14+ year rental history. Tenant is on a month-to-month basis but would like to remain in the property. E-TU-C zoning allows for two unit development to add density and look for potential assemblage opportunities. For the owner occupant, this home offers a spacious basement footprint with a large laundry room that could be reconfigured to allow a basement bathroom expansion to add a shower/tub. Additional features include larger basement bedrooms with egress windows in place, upgraded furnace and hot water heater, newer sewer line with clean-outs and roof. Ample off street parking and large backyard for room to play and expand the building footprint. Denver's Westwood neighborhood is well located to Downtown Denver and is experiencing residential growth with favorable zoning for new development and proximity to downtown. Property will be sold in As-Is condition with a sale lease back structure to allow Tenant the identity a replacement property and move. Several options to consider with this great property and secure rental income in place.

New Home Sales Hours

Courtesy Of Iron Works Realty Llc
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Full
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 1,426
    • Living Area, Finished 1,069
    • Above grade, Finished 713
    • Basement, Finished 356
    • Basement, Unfinished 357
    • PSF Total $262.97
    • PSF Finished $350.80
    • PSF Above Grade $525.95
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Gas Water Heater
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenant's Personal Property and Washer & Dryer
    • Flooring Carpet,Laminate
    • Furnished
    • Interior Features
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features Double Pane Windows

    Room Details

    Bathroom Details Total Bathrooms: 2
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 4
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type House
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Traditional
    • Construction Materials Frame
    • Foundation Details
    • Roof Composition
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Private Yard
    • Fencing
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Level
    • Irrigated Acres
    • Lot Number 17
    • Lot Size Acres 0.12
    • Lot Size Dimensions
    • Lot Size SqFt 5,210
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $3,125,000
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features
    Concrete

    • Total Parking Spaces 2
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 2
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Air Conditioning-Room
    • Green Energy Efficient
    • Heating Forced Air
    • HVAC Description Newer Furnace
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available 1
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $
    • Operating Expense Includes
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $
    • Gross Income $
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $
    • Projected Annual Net Income $
    • Projected Gross Income $
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $1,456
    • Legal Description L 17 & S1/2 OF L 18 BLK 16 BELMONT PARK
    • Tax Exemptions
    • Tax ID 5181-16-010
    • Tax Year 2020
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Belmont Park
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning E-TU-C
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $359,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession Close Plus 30 to 60 Days,Close Plus 60 to 90 Days,Negotiable
    • Special Listing Conditions None Known
    • Year Built 1950

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    School Zone

    District: Denver 1
    Schools: Munroe Elementary School, West High School, West Leadership Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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