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8822 E Florida Avenue

Denver, CO 80247
  • $585,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: 3776985
UPDATED: 30 min ago
$585,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $218
    $/SQFT
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Offered by Keller Williams Realty Downtown Llc.

Description

Turnkey portfolio of 4 units with a current running cap rate of 6.3% including all expenses! Pro-forma of 7% by raising rents to current market rent. Property Management company willing to stay on with new owner if desired. Extremely low ongoing expenses - even the HOA fee is under $175 per unit. Low vacancy rates and several long-term tenants. Very central location near several commercial areas, as well as close commute to Cherry Creek. Contact Listing Agent for full brochure with more information!

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Licensed in the State of Colorado, USA

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 The HomeSmiths Team - Keller Williams Realty, DTC LLC 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.homesmiths.com/homes/122678538
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8822 E Florida Avenue Denver, CO 80247

  • Price: $585,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 30 min ago
  • ID#: 3776985
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,688
SQFT
$218
$/SQFT
1973
Built
County:
Arapahoe
Area:
Denver
Property Description
Turnkey portfolio of 4 units with a current running cap rate of 6.3% including all expenses! Pro-forma of 7% by raising rents to current market rent. Property Management company willing to stay on with new owner if desired. Extremely low ongoing expenses - even the HOA fee is under $175 per unit. Low vacancy rates and several long-term tenants. Very central location near several commercial areas, as well as close commute to Cherry Creek. Contact Listing Agent for full brochure with more information!
Exterior Features

Architectural Style Low Rise Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Parking Total 1 Pool Features Community Road Frontage Type Public Road Road Surface Type Paved Roof Membrane Structure Type Low Rise

Interior Features

Laundry Features Laundry Room

Property Features

Community Features ClubhouseFitness CenterPool Construction Materials Stucco Electric 110 Volts220 Volts Exclusions None Lease Considered YN No Possession Closing Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 2819 Tax Year 2020 Utilities Cable AvailableElectricity ConnectedSewer Connected Water Source Public

Listing courtesy of Keller Williams Realty Downtown Llc: MLS #3776985


Licensed in the State of Colorado, USA

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 The HomeSmiths Team - Keller Williams Realty, DTC LLC 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The HomeSmiths Team - Keller Williams Realty, DTC LLC
6300 S. Syracuse Way #150
Englewood CO, 80111
Offered by Keller Williams Realty Downtown Llc.