4801 E 8th Avenue

    Denver, CO 80220
    • $1,995,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 3919053
    UPDATED: 59 min ago
    $1,995,000
    • 8
      BEDS
    • 0.58
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 4,455
      SQFT
    • $448
      $/SQFT
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Dyer Realty Inc.

    Description

    Prime development property blocks from Rose Medical Center. Rare opportunity to own eight one- story units. Please do not disturb tenants, no showings until Seller has an executed contract. Property is sold in AS IS condition. Garage units leased to individuals who are not tenants, three are used by Seller for equipment, maintenance. Property has not had a vacancy in 3 years. Rents are below market to long term tenants. Approximately $65,000 current income currently including rent from garages and apartments. Gas and electric approx. $2977 per year; Water $3111 per year. Zoning E-MU-2.5 which allows duplex, tandem house, row house, garden court, town house and apartment building forms up to two and a half stories depending on building form. Redevelopment in process at 9th & Colorado. Seee 9thandColorado.com

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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.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/99275581

    4801 E 8th Avenue Denver, CO 80220

    • Price: $1,995,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 3919053
    8
    Beds
    8
    Baths
    0
    ½ Baths
    0.58
    Acres
    4,455
    SQFT
    $448
    $/SQFT
    1946
    Built
    Neighborhood:
    Olmstead & Chamberlains Colfax
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Palmer
    Middle School:
    Hill
    High School:
    East
    School District:
    Denver 1
    Property Description
    Prime development property blocks from Rose Medical Center. Rare opportunity to own eight one- story units. Please do not disturb tenants, no showings until Seller has an executed contract. Property is sold in AS IS condition. Garage units leased to individuals who are not tenants, three are used by Seller for equipment, maintenance. Property has not had a vacancy in 3 years. Rents are below market to long term tenants. Approximately $65,000 current income currently including rent from garages and apartments. Gas and electric approx. $2977 per year; Water $3111 per year. Zoning E-MU-2.5 which allows duplex, tandem house, row house, garden court, town house and apartment building forms up to two and a half stories depending on building form. Redevelopment in process at 9th & Colorado. Seee 9thandColorado.com
    Exterior Features

    Construction Materials Brick Construction Methods Brick Parking Garage (Detached) (8 Spaces) Parking Lot (9 Spaces) Parking Features Driveway-Asphalt Parking Total Searchable 17 Road Surface Paved Road Roof Composition Shingles Structural Style Ranch/1 Story Style Characteristics Low Rise (1-3) Unit Access Courtyard View City View

    Interior Features

    Basement Size None Cooling None Heating Forced Air Heating Fuel Gas Laundry Availability Coin-Operated Laundry Location External Facility Per Unit Features Assigned Parking Sq Ft Above 4455 Sq Ft Finished 4455

    Property Features

    Additional Information 1031 Exchange Annual Expense Actual 25837 Annual Expense Proj 25837 Annual Income Actual 64620 Annual Income Proj 105600 Annual Net Income Actual 38783 Annual Net Income Proj 79763 Building Area Source County Records Building Type 5+ Plex (All Units) Has Hoa YN No Has Multiple Hoas YN No Is Incorporated YN Yes Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 0 Seller Type Individual Status Conditions None Known Tax Amount 7575.00 Tax Year 2018 Transaction Type For Sale Unit Count 1 Zoning E-Mu-2.5

    Listing courtesy of Dyer Realty Inc: MLS #3919053


    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.

    © 2019 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 Dyer Realty Inc.