$855,000

3093 W Center Avenue

Denver CO, 80219

Description

CASH COW investment opportunity. This Adams Park 4-plex tucked into a residential neighborhood is a rare find. Located essentially at Alameda and Federal you are so close to downtown Denver you will never want for a tenant. The solid brick no-muss-no-fuss building means no budgeting for exterior painting. And, if that wasn't hassle free enough the individually metered units for gas and electric services means no time consuming and complaint prone tenant utility bill back. This also means YOU will never be on the hook for unpaid gas/electric service. With a current ACTUAL income of 67,056/year (we're not marketing a bogus "pro-forma" income number here - no no no!) you can be sure that the demand for this rental is REAL. With a mix of long term and shorter term tenants each having their individual entrances to their own living spaces you will not be disappointed on how THIS property operates in your portfolio. Dive by and have a look!

Details

MLS#5354348
StyleIndustrial
Sub-TypeResale
StatusActive
Year1963
Days On Site20

Features

SQ Feet3,046
Story(s)1
Units4
ZoningE-SU-D1X

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80219
AreaDenver
Listing VS Median (in 80219)
Price:
$855,000
low | high
Med:
$344,987
100% of Average
SqFt:
3,046
low | high
Med:
1,980
84.996717005909% of Average
$ / SqFt:
$281
low | high
Med:
$174
87.927201724851% of Average
On Site:
20
low | high
Med:
203
9.852216748768% of Average
Listing Updated: 11/12/2019
MLS Number: 5354348
Listing Provided By:
Anna Gellatly  of  Brokers Guild Homes
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