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Sold on 04/12/2022
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Undisclosed, Denver, CO 80211

  • $1,178,000

    Last sold 04/12/2022 after 91 Days

  • 6

    bed

  • 4

    bath

  • 3,599

    Sqft ($327/Sqft)

Multi-family not for sale
23 homes bought nearby with Movoto recently

About Undisclosed

Property type Multi-family
Neighborhood
Year built 1953
HOA fee $0/month
Parking 6 garage spaces
Property description
2396 W. 42nd is a charming art-deco house with2bd/1.5ba carriage house. The carriage house presents itself as the perfect opportunity for an investor to own 3units and live in one. The property is located on the north edge of LoHi, making it walkable to trendy shops and restaurants while making it highly accessible to major highways. The asset features an attractive unit mix that consists of two 2bd/1ba and one 2bd/1.5 carriage house. The property has plenty of value-add opportunity, as currently the rents are well below market in addition to the opportunity to renovate and capture even greater rents. The property boasts 2 yards, one being a private yard to the carriage house. There is common area laundry in the front house and the carriage house has it's own laundry.
Listed by
Listing Agent - Matthew Lewallen
Listing Agent Contact: 720-738-1944
Listing Office - NorthPeak Commercial Advisors, LLC
Source: IRESMLS mls logo
MLS#5641276 • last updated 8 months ago
Movoto checked IRESMLS for data 1 minute ago
Overview
Heating Radiant
Levels/Style One
MLS # 5641276
Type Residential Income
Status Sold
Living Area 3599
Annual Tax 3516
Interior
Total # of Bathrooms 4
Total # of Bedrooms 6
Basement Walk-Out Access
Accessibility Features Level Lot
Exterior
Roof Other
Construction Brick
Lot Features Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
County Denver
Subdivision Perrins
Middle School Strive Sunnyside
High School District Denver District 1
Multifamily Details
Total # of Units 3
Cap Rate 4.3
Operating Expense 10342
Gross Income 57793
We are not permitted to show value estimates for this property.
  • Apr 2022
    mls logo MLS # 5641276
  • Apr 12, 2022 Sold
    $1,178,000
  • Apr 12, 2022 Sold
    $1,178,000
  • Jan 15, 2022 Pending
    —
  • Jan 11, 2022 Listed
    $1,100,000
  • Jan 11, 2022 Listed
    $1,100,000 (+243.9%)
  • Apr 2022
    Public Records
  • Apr 12, 2022 Sold
    $1,178,000 (+7.1%)
  • May 2005
    Public Records
  • May 7, 2005 Sold
    $319,900
  • Undisclosed
    $1.17M
  • Sunnyside
    $695K -15% y/y
  • 80211
    $725K -12% y/y
  • Denver
    $519K -7% y/y
No chart available
Statistics calculated by Movoto

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