1140 Milwaukee Street

    Denver, CO 80206
    • $1,295,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 3354984
    $1,295,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,681
      SQFT
    • $352
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1951
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Kentwood City Properties.

    Description

    Location, Location! This well maintained 4 plex in the heart of Congress Park is a great opportunity for investors! All 4 units are currently rented and in good condition. Nestled mid block and just around the corner from the shops, restaurants, bike lane, and bus stops on 12th Ave. 4 Units: 2 Up and 2 Down on a 6250 lot. One of the upper units is a 2 story, 4 bedroom and both upper units have hardwood floors and original charm. All units have been recently updated and have air conditioning. There is also an onsite laundry room in the basement and a storage shed. The 2 car garage is currently being used as storage, but could provide additional rental income. One new water heater in 2017, Furnaces serviced in 2018, brand new flooring in laundry room, new carpet and paint in one lower unit. These units do not turn over often and the tenants are very easy to work with. Don't miss this amazing opportunity to own in Congress Park and make money!

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    Licensed in the State of Colorado, USA

    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 Wisdom Real Estate 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/86663007

    1140 Milwaukee Street Denver, CO 80206

    • Price: $1,295,000
    • Status: Active
    • ID#: 3354984
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,681
    SQFT
    $352
    $/SQFT
    1951
    Built
    Neighborhood:
    Congress Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Teller
    Middle School:
    Morey
    High School:
    East
    School District:
    Denver 1
    Property Description
    Location, Location! This well maintained 4 plex in the heart of Congress Park is a great opportunity for investors! All 4 units are currently rented and in good condition. Nestled mid block and just around the corner from the shops, restaurants, bike lane, and bus stops on 12th Ave. 4 Units: 2 Up and 2 Down on a 6250 lot. One of the upper units is a 2 story, 4 bedroom and both upper units have hardwood floors and original charm. All units have been recently updated and have air conditioning. There is also an onsite laundry room in the basement and a storage shed. The 2 car garage is currently being used as storage, but could provide additional rental income. One new water heater in 2017, Furnaces serviced in 2018, brand new flooring in laundry room, new carpet and paint in one lower unit. These units do not turn over often and the tenants are very easy to work with. Don't miss this amazing opportunity to own in Congress Park and make money!
    Exterior Features

    Architectural Style Bungalow Construction Materials Brick Construction Methods Brick Exterior Features Fence Parking Garage (Detached) (2 Spaces) Parking Total Searchable 2 Road Surface Paved Road Roof Composition Shingles Site Features Near Public Transit Storage Units Number Of 1 Structural Style Ranch/1 Story Style Characteristics Side-By-Side Unit Access Exterior AccessGarden Level

    Interior Features

    Basement Finished YN Yes Basement Floor Type Slab Basement Percent Finished 99 Basement Size Full Basement Type Standard Cooling Air Conditioning-Central Flooring CarpetTile FloorVinyl/LinoleumWood Floors Heating Forced Air Heating Fuel Gas Interior Features Cable Available Kitchen Appliances DisposalDryerRefrigerator (Kitchen)Self-Cleaning OvenSmoke AlarmWasher Laundry Availability Shared Laundry in BuildingW/D Hookups in UnitWasher/Dryer Included Laundry Location Basement Sq Ft Above 2325 Sq Ft Basement 1356 Sq Ft Finished 3681

    Property Features

    Additional Information Tenant Occupied Annual Expense Actual 17762 Annual Expense Proj 11806 Annual Income Actual 76394 Annual Income Proj 83580 Annual Net Income Actual 58632 Annual Net Income Proj 71774 Building Area Source County Records Building Type Quadplex (All Units) Capitalization Rate 5.50 Has Hoa YN No Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 0 Owner Paid Utilities Lawn ServiceMaintenanceProperty TaxWater Potential Rental Income Annual 86580 Real Estate Taxes 4266 Seller Type Individual Status Conditions None Known Tax Amount 4266.00 Tax Year 2017 Transaction Type For Sale Unit Count 4 Zoning U-Tu-C



    Licensed in the State of Colorado, USA

    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 Wisdom Real Estate 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    1740 High St
    Denver CO, 80218
    Offered by Kentwood City Properties.