4711 Columbine Street Bldg , Unit AB

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Sold Denver, CO 80216 MLS# 4707149 Sold by Teal Nipp on 06/14/2022
$1,287,500
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Multi-Family Property Type
10 Bedroom
6 Bathroom
2 Garage
4840.00 Sq Ft
Acres
2020 Year Built

Overview

NEW BUILD - INCOME PRODUCING QUADPLEX with 4 separate living spaces. (Both sides of the quadplex have fully finished/ separate walk-out basements). This is a rare turnkey investment opportunity in an up-and-coming Swansea neighborhood. This quadplex is a solid cash-flowing multifamily investment that will also realize the appreciation benefits of the I-70 expansion and surrounding redevelopment that is currently in the works. For maximum cash flow, there is an opportunity for medium-term rental or Airbnb. BREAKDOWN: Each unit (A + B) has 5-bedrooms (an upstairs true master suite + 4 other bedrooms), 2 kitchens, 3 baths, 2 washers & dryers, and 2 detached 1-car garages. Zoning: U-TU-B. Buyer to verify zoning. Basement units are non-conforming. Please reach out with any questions to Kambri, Teal to handle offer and contract negotiations.

New Home Sales Hours

Courtesy Of Kaufman Hagan
Source: REcolorado

View On 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 Finished,Walk-Out Access
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 4,840
    • Living Area, Finished 4,840
    • Above grade, Finished 3,280
    • Basement, Finished 1,560
    • Basement, Unfinished 0
    • PSF Total $266.01
    • PSF Finished $266.01
    • PSF Above Grade $392.53
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Cooktop,Dishwasher
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls 1 Common Wall
    • Exclusions Personal property
    • Flooring
    • Furnished
    • Interior Features Ceiling Fan(s)
    • Laundry Availability In Unit,Multiple Locations
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 6
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 10
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 4 Bedroom Or More
    • Total Units 1
    • Average Rent 3500.00
    • Average SqFt 2460.00
    • Dishwashers 2
    • Washers 2
    • Dryers 2
    • Hookups 2
    • Refrigerators 2
    • Stoves 2
    • Air Conditions 2
    • Fireplaces
    • Storage Units
    • Description Each unit has a separate walk-out basement unit, primed for sublet or Airbnb rentals, each with separate kitchen/ bath, washer and dryer for additional rental income.
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 5
    • Bathrooms per Unit 3
    • Parking Per Unit 1
    • Unit Type 4 Bedroom Or More
    • Total Units 1
    • Average Rent 3500.00
    • Average SqFt 2460.00
    • Dishwashers 2
    • Washers 2
    • Dryers 2
    • Hookups 2
    • Refrigerators 2
    • Stoves 2
    • Air Conditions 2
    • Fireplaces
    • Storage Units
    • Description Each unit has a separate walk-out basement unit, primed for sublet or Airbnb rentals, each with separate kitchen/ bath, washer and dryer for additional rental income.
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 5
    • Bathrooms per Unit 3
    • Parking Per Unit 1

    Exterior/Lot Features

    Summary

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

    Parking/Garage

    Parking Space Summary

    • Parking Features
    • Total Parking Spaces 2
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • 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
    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 Cable Available,Electricity Connected,Electricity To Lot Line,Internet Access (Wired)
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • 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 4.86
    • Cap Rate Calculation Please reach out with questions.
    Actual expense details
    • Operating Expense $16969.00
    • Operating Expense Includes Insurance,Legal,Maintenance,Other,Personal Property Tax,Professional Management,Utilities
    Commission Information
    • Buyer Agency Compensation 2.50%
    • Transaction Broker Compensation 2%
    • Compensation Offered
    • Dual Variable Compensation No
    • Commission Modified NA
    • Closing Comments Sold in conjunction with 4731 Columbine #AB, Denver CO 80216 for a total portfolio purchase price of $2,575,000
    Income details
    • Actual Annual Net Income $80,090
    • Gross Income $84,000
    • 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 $17,719
    • Projected Annual Net Income $81,776
    • Projected Gross Income $84,000
    • Projected Gross Operating Income $
    • Projected Gross Scheduled Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $3,424
    • Legal Description MOUATS ADD TO SWANSEA B1 L31 & S 18.75FT OF L32
    • Tax Exemptions
    • Tax ID 2242-10-040
    • Tax Year 2021
    Other
    • Tenant Pays Electricity,Gas,Grounds Care,Internet
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Elyria-Swansea
    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-B
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,300,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Agent Owner
    • Possession
    • Special Listing Conditions None Known
    • Year Built 2020

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    School Zone

    District: Denver 1
    Schools: Swansea Elementary School, Manual High School, Whittier E-8 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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