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2020 S Fox St Denver, CO 80223
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Key Details
Sold Price $770,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Subdivision Overland
MLS Listing ID 4432756
Sold Date 07/29/21
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 3,200
Originating Board REcolorado
Year Built 1961
Annual Tax Amount $2,562
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Triplex. Unique opportunity to live in one unit and let tenants pay your mortgage or rent out all three units for a great cash-flowing property. This unique house features a 3 bed/2 bath unit in the back, a 2 bed / 1 bath unit in the front, a 1 bed/ 1 bath unit in the basement, and 3 garage spaces (1 currently leased with the 3/2, and the other 2 spaces available to lease up for additional income). This property is being sold at a 6.19% cap rate based off the actual T12 financials with the ability to add value by leasing out the additional garage space and increasing rent and RUBS. The basement and the 3/2 are both on MTM leases, and the 2/1's lease is up at the end of August, giving an investor great flexibility with how to use or improve the space. All units are tenant occupied and require a minimum of 24 hour notice prior to any showings. Tenants work from home and request walk throughs happen after 5pm or on Saturdays to avoid workday interruptions. Seller is a Colorado Licensed Broker.
Location
State CO
County Denver
Area Metro Denver
Zoning E-TU-C
Rooms
Other Rooms Kennel/Dog Run
Basement Partially Finished, Crawl Space, Walk-Out Access
Interior
Interior Features Walk-In Closet(s), Kitchen Island
Cooling Evaporative Cooling
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Garage Tandem
Garage Spaces 3.0
Fence Partial
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Composition
Porch Patio
Building
Faces West
Story 3
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Three Or More
Structure Type Brick/Brick Veneer,Wood Siding
New Construction false
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Other Owner
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Bought with Your Castle Real Estate Inc