Seller Financing
Address
4587 Federal Boulevard # 4591 Denver, CO
Price
$ 1,950,000
Property Attributes
  • MLS#9790378
  • TypeContingent
  • CountyDENVER
  • CityDenver
  • Zip80211
  • StyleTraditional,LowRise
  • Year Built1981
  • Taxes12545
  • Price$ 1,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8758
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Atlas Real Estate Group
Property Description

OPPORTUNITY: Significantly raise rents with minimal CapEx and be fully stabilized by fall 2021. Budget $7k per unit as tenants turn to get $1600/month per unit. Leases begin to expire 2/28/21 and the last lease expires 7/31/21. Additional income opportunity of approx. $800/month by leasing unfinished basement as sectioned storage lockers. LOCATION: Location, location, location! These tenants enjoy all that is offered in Highlands, Sunnyside and Berkeley. Everything from historic restaurants like Gaetanos to all the new and trendy destinations (too many to list). A short bike ride gets you to Tennyson Street where you can spend the day in a wide variety of bars, restaurants, boutiques, specialty grocery or get some rest in a spa, salon or yoga studio. This location is perfect anyone who loves the urban lifestyle. Just two blocks away is Rocky Mountain Lake Park and Regis University. Quick access to I-70 puts you in Downtown Denver to the east or Golden to the west in just 10 minutes. PROPERTY: Parking is never an issue with three spaces per unit. All units have an eat-in kitchen and in-unit washer/dryer hook ups. These units are more spacious than most of the rent comparables in the area. Always professionally managed. New parking lot sealant. Newer roof. Little to no deferred maintenance.

Price History
11/13/2020 Listed $1,950,000

General Features

Architectural Style Traditional, LowRise
Association Amenities BikeStorage
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Electric Item220Volts
Garage Spaces 0.0
Garage Y/N No
Parking Features Asphalt
Property SubType MultiFamily
Property Type CommercialSale
Roof Architectural, Shingle
Sewer PublicSewer
Special Listing Conditions None
Terms OwnerWillCarry
Total Units 8
Unit Number 4591
Zoning U-SU-C1

Exterior Features

Building Area Total 8758.0
Covered Spaces 0.0
Lot Features CornerLot, SprinklersInRear, SprinklersInFront, NearPublicTransit
Lot Size Acres 0.53
Lot Size Area 0.53
Lot Size Square Feet 23000.0
Lot Size Units Acres
Road Surface Type Paved
Total Parking 24.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80211

Price
AVG $770K
$1.95M
Taxes
AVG $3,009
$12,545
Visits
AVG 50
20
Year Built
AVG 1978
1981
Walkscore
AVG 82
67
Data Provided by Walkscore ® not using MLS data

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