760-764 Clermont Street Bldg , Unit

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Sold Denver, CO 80220 MLS# 7697264 Sold by Dan Hawthorne on 04/15/2022
$972,500
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Multi-Family Property Type
4 Bedroom
2 Bathroom
2 Garage
1864.00 Sq Ft
Acres
1940 Year Built

Overview

760-764 Clermont St is a duplex apartment building located in the popular Hale/Montclair neighborhood. Tenants will continue to be drawn to this location with the property just a block from the9th and Colorado project which features new restaurants, bars, Trader Joes, and many retail locations. The building features a nice unit mix of two 2Bd/1Ba units. Each unit has its own front and back entrance. Additionally, there is a 2-car covered garage that sits right behind the property adjacent to the spacious backyard. The units are separately metered for electric and gas for easy utility payments as well as having their own in-unit laundry. One unit is renting for $1,965 while the other is discounted at $1,600. A new owner should expect to raise both rents up to $1,995 easily to where the market is.

New Home Sales Hours

Courtesy Of NorthPeak Commercial Advisors, LLC
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 Insurance,Trash Collection,Water
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features
    • No. of Fireplaces
    Square Foot Details
    • SqFt 1,864
    • Living Area, Finished 1,864
    • Above grade, Finished 1,864
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $521.73
    • PSF Finished $521.73
    • PSF Above Grade $521.73
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions TBD
    • Flooring
    • Furnished
    • Interior Features
    • Laundry Availability In Unit
    • Security Features
    • Spa Features
    • Window Features

    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
    • Unit Type 2 Bedroom
    • Total Units 2
    • Average Rent 1800.00
    • Average SqFt 900.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups 1
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description 2Bd/1Ba
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 2
    • Bathrooms per Unit 1
    • Parking Per Unit 1

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Duplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Brick
    • Foundation Details
    • Roof Unknown
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features
    • 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
    • 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
    • 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
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source
    • 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 3.40
    • Cap Rate Calculation
    Actual expense details
    • Operating Expense $8269.00
    • Operating Expense Includes Insurance,Maintenance,Real Estate Tax,Utilities
    Commission Information
    • Buyer Agency Compensation 3%
    • Compensation Offered
    • Dual Variable Compensation Yes
    • Commission Modified NA
    • Closing Comments
    Income details
    • Actual Annual Net Income $33,635
    • Gross Income $41,904
    • 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 $7,837
    • Projected Annual Net Income $38,607
    • Projected Gross Income $46,444
    • Projected Gross Operating Income $
    • Projected Gross Scheduled Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $3,002
    • Legal Description L 7 TO 9 INC BLK 2 SUNRISE CLUB ADD
    • Tax Exemptions
    • Tax ID 6063-10-002
    • Tax Year 2020
    Other
    • Tenant Pays Electricity,Gas
    • Utilities Metering Separate Electric,Separate Gas
    • Utilities Paid By Tenant Direct Billing from Utility

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Hale
    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 $999,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty
    • Ownership Individual
    • Possession
    • Special Listing Conditions None Known
    • Year Built 1940

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    School Zone

    District: Denver 1
    Schools: Steck Elementary School, George Washington High School, Hill 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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