$4,390,000
$4,990,000
12.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 10/11/2022
Key Details
Sold Price $4,390,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6696820
Sold Date 10/11/22
Style Urban Contemporary
HOA Y/N No
Originating Board recolorado
Year Built 2019
Annual Tax Amount $21,452
Tax Year 2021
Acres 0.19
Property Description
An AMAZING & RARE row home opportunity! 6-Unit Rowhome/Townhome assemblage in Edgewater/Lakewood! Directly on Walker Branch Park! All units are 3 bedroom and 3 or 4 bathroom & all have private 2 car attached garages & 4th level roof top decks! No HOA - fully autonomous! Units individually deeded for maximum flexibility on holding strategy! Six separate legal descriptions. Or Owner occupy one unit and rent the of remaining units. Location is amazing in this trending neighborhood. Just a 4 minute walk to the new Edgewater Public Market, and popular local businesses. Easy stroll to Sloan's Lake, Tap & Burger Sloan's Lake, Joyride Brewing Company, Edgewater Inn, coffee shops and other trending hot spots. Easy access to Downtown Denver, I-25, Highlands, Tennyson Street and Golden Triangle. Built in 2019, turn key operation: FULLY LEASED with high credit/income tenants! Tenants pays gas & electric utilities. Staggered lease expiration dates. Each unit has private roof top deck with panoramic views of lake, city and mountains. Enjoy owning the entire building - a super easy property to even self-manage if you wish! Units are excellent for telecommuter live work type tenants! High speed fiber optic internet on site! Heavy re-development area - Lots of new construction happening! Perfect for a 1031 upgrade! Row homes like these are very popular and are increasing in value at a crazy rate! Rents can easily be bumped substantially at lease renewal due to shortage of luxury rentals in the market. Current $3,000 per unit per month rents are expected to renew at much higher rates! Seller will agree to 6 individual sales instead of 1 bulk sale if the buyer(s) need this scenario, provided all 6 units close concurrently.
Location
State CO
County Jefferson
Interior
Fireplace N
Exterior
Exterior Feature Balcony, Lighting
Garage Concrete, Dry Walled
Garage Spaces 12.0
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Membrane
Total Parking Spaces 13
Garage Yes
Building
Lot Description Greenbelt, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Brick, Cement Siding, Frame, Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Milehimodern
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