1869 West Mosier Place, Denver, CO 80223

$849,900
11
BD
7
BA
6,538
SqFt
List Price
$849,900
Type
Multifamily
Status
ACTIVE
MLS Number
3615309
Total # of Units
7
Total Sqft
6,538
Finished 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

Proj. Ann. Income
94800
Proj. Ann. Expense
25646
School District
Denver 1
Elementary School
Godsman
Middle School
Grant
High School
Abraham Lincoln
Community Parking
Off-Street: 6
Parking Type
Off-Street
Community Parking
Off-Street: 6
Parking Type
Off-Street
Style
Multi-Story
Basement
Garden Level
Basement Size
Full
Basement Finished
Yes
Basement Square Feet
1280
Zoned
E-MU-2.5
Lot Size
7,975
Acres
0.18
Roofing Material
Composition Shingles
Contstruction
Brick
Taxes
$3,046
Tax Year
2018
Financial Terms
Cash, Conventional

Courtesy of Home Treasure Finders Inc

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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 Real Estate Company 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. IDX Terms and Conditions