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
Taxes
Visits
Year Built
Walkscore
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than eXp Realty in Coloradoname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. January 26, 2021 6:51 AM UTCd
