$1,160,000
$1,100,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
3,645 SqFt
SOLD DATE : 05/09/2022
Key Details
Sold Price $1,160,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,645 sqft
Price per Sqft $318
Subdivision Bates Park
MLS Listing ID 7246802
Sold Date 05/09/22
Style Bungalow
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,494
Originating Board recolorado
Year Built 1947
Annual Tax Amount $3,328
Tax Year 2021
Lot Size 0.340 Acres
Acres 0.34
Property Description
Very rare single family home with Triplex (3-unit)/ADU overlooking Bates Park in Englewood. Rent all of the property to generate over $70,000 gross revenue per year (estimated) or live in the primary, fully updated main home and enjoy income approaching $3000/month from the ADU's. The main home has been remodeled and updated in 2022. The home is in great shape and features a modern kitchen with granite countertops, a charming living room with fireplace, three bedrooms and updated bath on the main level. Downstairs has a large family room with fireplace and efficiency kitchen, two bedrooms, one bath, laundry room and storage. Downstairs bedrooms are non-conforming. The main house has in the past been rented as three separate units in addition to the ADU's. The ADU's form a side by side triplex. Each is 350 square feet in size and have a living room, kitchen, bedroom, 3/4 bath, evaporative coolers and a shared yard. Two of the three ADU's have been recently remodeled. All three ADU's are currently rented with long term tenants on month to month leases. There is off-street parking for five cars between the main house and the ADU's. This property and it's unique rental setup has been grandfathered in by the City of Englewood which recognizes six rental units on the property. The rental values shown reflect anticipated current rental value of each of the structures based on recent updates to the property and current rental market conditions.
Location
State CO
County Arapahoe
Zoning ER1C
Rooms
Basement Finished, Full
Interior
Interior Features Breakfast Nook, Eat-in Kitchen, Granite Counters, Smoke Free
Heating Forced Air
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Number 2
Fireplaces Type Family Room, Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Gas Water Heater, Oven, Range, Range Hood, Refrigerator
Laundry In Basement
Exterior
Garage Driveway-Dirt
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Waterfront Description Stream
Roof Type Composition
Total Parking Spaces 5
Garage No
Building
Lot Description Ditch, Landscaped, Near Public Transit
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick, Frame
Schools
Elementary Schools Charles Hay
Middle Schools Englewood
High Schools Englewood
School District Englewood 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Denver Fine Properties LLC
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Broker-Owner | Lic# 40035149
jenelle@supremerealtygroup.com
11786 Shaffer Place Unit S-201, Littleton, CO, 80127