1869 W Mosier Place, Denver, CO 80223

$782,000
11
BD
7
BA
6,538
SqFt
Sold Price
$782,000
List Price
$849,900
Closing Date
Jan 10, 2020
Type
Multifamily
Status
CLOSED
MLS Number
3615309
Finished Sqft
6,538
Above Grade Sqft
5060
Total Sqft
6538
Sub-Area
Marland Heights
Year Built
1954

Property Description

INVESTORS! LOOK HERE!!! Get consistent rents from this solid all-brick 7-unit which already has stellar and professional management in place. This rarely available and affordable almost never vacant multi-unit housing offering with a Denver address features a desirable unit mix of four 2 bed / 1 bath units and three 1 bed / 1 bath units. The zip code is transitioning rapidly and has been experiencing high appreciation rates. The 7.86% CAP rate (proforma), separate electric meters and mostly long term dependable tenants likely make this the perfect addition to a real estate investment portfolio. Not done yet--it includes a great opportunity for the new owner to add tenant value and income by leasing existing storage spaces (not currently in use) and by installing coin-op laundry machines in the utility room.

Additional Information

School District
Denver 1
Elementary School
Godsman
Middle School
Grant
High School
Abraham Lincoln
Parking Features
Off Street
Basement
Full, Finished, GardenLevel
Basement Finished
Yes
Zoned
E-MU-2.5
Amenities
Ceiling Fan(s)
Lot Size
7,975
Acres
0.18
Contstruction
Brick, Concrete
Taxes
$3,046
Tax Year
2018
Financial Terms
Conventional

Courtesy of Home Treasure Finders Inc

Selling Office: WK Real Estate.

Mortgage Calculator

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Calculator source: Real Geeks

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