Eldora Mar - Coldwell Banker Distinctive Properties
1409 N Knox Court
Denver, CO 80204

Description

AMAZING MULTI-UNIT REMODEL INCOME PROPERTY IN DENVER OPPORTUNITY ZONE - 5-Plex Rental Remodel in HOT West Colfax / South Sloans Lake neighborhood. Currently vacant and ready for a gut job or face lift renovation. 6.4% PROFORMA CAP RATE includes $250K complete remodel budget. Plans and detailed budget will be available during due diligence period. Existing unit mix and proforma rents: one 3 br/1 bath ($2,500), one 2 br/1 bath ($2,000), and three 1 br/1 bath units ($900-1,000). Detached three car garage ($300) and additional off-street parking spaces. Prior to ending leases for remodel, building was completely rented, never vacant. Multiple high-end, new-build developments surround, further increasing appeal. EXCEPTIONAL LOCATION: 1.5 blocks to light rail station, walking distance to retail and restaurants at St. Anthonys development. Quick drive or train ride to Downtown, Mile High Stadium, and Pepsi Center. MORE INFO: http://bit.ly/1409KnoxCt

Details

MLS#1902728
StyleIndustrial
Sub-TypeResale
StatusActive
Year1926
Days On Site11

Features

SQ Feet3,740
Story(s)1
Units5
ZoningG-RH-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$895,000
low | high
Med:
$546,000
88.994413407821% of Average
SqFt:
3,740
low | high
Med:
1,222
100% of Average
$ / SqFt:
$239
low | high
Med:
$447
36.711042434328% of Average
On Site:
11
low | high
Med:
335
3.283582089552% of Average
Listing Updated: 01/19/2019
MLS Number: 1902728
Listing Provided By:
Taryn Westberg  of  MODUS Real Estate
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