UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,060 sqft
Price per Sqft $431
Subdivision Belmont Park Annex
MLS Listing ID 7578249
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 4,060
Year Built 1952
Annual Tax Amount $8,303
Tax Year 2025
Property Sub-Type Quadruplex
Source recolorado
Property Description
The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost.
Location
State CO
County Denver
Zoning E-MX-3
Interior
Heating Baseboard
Cooling Other
Fireplace N
Exterior
Roof Type Unknown
Total Parking Spaces 29
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Other
Schools
Elementary Schools Castro
Middle Schools Kepner
High Schools Abraham Lincoln
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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