Great opportunity for someone to qualify through FHA and own a 4 plex investment property! We just brought in 25 tons of Cherry Creek granite for the base of 6 Off-Street parking spots that were added to this property off the alley!
The unit 110 W Princeton has just been remodeled and the original Maple floors were refinished beautifully! The kitchen has new Italian Carrera looking Formica counters and sink faucet. Along with a new stove and clothes dryer, the rest of the place has new window treatments, freshly painted walls and updated bathroom fixtures.
Cap rate could be over 8. Pro forma looks great.
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active Under Contract
Year built
1957
Stories
2
Living area
3,584 sqft
Price / sqft
$230
MLS #
4379783
Interior
Features
Finished
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
Heating
Forced Air
Cooling
Air Conditioning-Room
Laundry
In Unit
Exterior & lot
Roof
Composition
Patio & porch
Front Porch
Schools
District
Englewood 1
Elementary
Clayton
Middle
Englewood
High
Englewood
Utilities
Utilities
Electricity Connected, Natural Gas Connected
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$3,412
Parcel
031953961
Special conditions
None Known
Location
Subdivision
Jackson Broadway Heights
County
Arapahoe
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Listed by Don Bobeda, Berkshire Hathaway HomeServices Rocky Mountain, REALTORS- Castle Pines Office