$1,850,000
$1,900,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4900 W 8th AVE Denver, CO 80204
0.82 Acres Lot
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3572196
Sold Date 03/22/24
HOA Y/N No
Originating Board recolorado
Year Built 1961
Annual Tax Amount $8,382
Tax Year 2022
Lot Size 0.820 Acres
Acres 0.82
Property Description
Property Features
• $85K Price Reduction!
• New Exterior Stairs (Being Installed Winter 2023/2024)
• 10/12 Units Recently Renovated
• Many Recent Capital Improvements Including New: Roof, Boiler, Windows & Hot Water Heater
• 6.54% Current CAP Rate
• Proforma Rents Already Being Achieved
• Large Lot with Potential to Build Additional Units
• Less Than One Mile to Sheridan Light Rail Station
• Quick Access to US Highway 6, Downtown Denver and Rocky Mountains
Location
State CO
County Denver
Zoning U-RH-3A
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Phone Available, Phone Connected
Roof Type Composition
Total Parking Spaces 35
Garage No
Building
Lot Description Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinnacle Real Estate Advisors