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Listing 9 out of 4,207
$2,850,000 Active

3219-21 West 19th Avenue
Denver, CO 80204

8 beds | Income
5,407 sq ft; lot: 7405 sq ft - MLS# 7866956
Property Photo
1/16

Description

Newly constructed 8 unit property in the heart of E Sloan's Lake! All units are two story 1BD/1.5BA with master suites on second level. Washer/dryer hook ups in each unit. Two detached garages and four additional off street parking spaces. Tenants will enjoy the 300% energy efficient air source heat pumps to keep their heating & cooling bills low. Great property to hold in an already great area that will only continue to grow being adjacent to Opportunity Zone and Broncos south lot redevelopment. Project will be completed May 19'. Call today for an on site tour.

Features

  • Property Type: Income
  • Sub Type: Income
  • Listing Status: Active
  • County/Area: Denver County
  • Zip Code: 80204
  • Year Built: 2019
  • Subdivision/Neighborhood: Sloan's Lake
  • School District: Denver 1
  • Elementary School: Brown
  • Middle School: Lake Int'l
  • High School: North
  • Sq.Ft.: 5,407 sq ft
  • Style: Traditional, Multi-Story, Side-by-Side
  • Stories: Multi-Story
  • Units: 8 units
  • Bedrooms: 8
  • Garage: 2
  • # of Parking Spaces: 6
  • Lot Size: 7405 sq ft
  • View: City View
  • Zoning: G-MU-3
  • Additional Information: 1031 Exchange, Agent Owner, Income Potential, Subdividable
  • Annual Expense Proj: 28024
  • Annual Income Proj: 153648
  • Annual Net Income Proj: 125624
  • Architectural Style: Traditional
  • Basement Floor Type: Slab
  • Building Area Source: Floor Plans
  • Building Type: 5+ Plex (All Units)
  • Cap Rate: 4.40
  • Construction Materials: Cement Board
  • Construction Methods: Frame
  • Cooling: Air Conditioning-Individual
  • Exterior Features: Covered Patio, Fence, Front Porch, Professional Landscaping, Sprinkler System, Yard
  • Flooring: Carpet, Tile Floor, Wood
  • Heating: Wall Heater
  • Heating Fuel: Electric
  • Insurance Expense: 5000
  • Interior Features: Cable Available, Double Pane Windows, Internet Access (Wired), Master Bath, Master Suite, Vaulted, Walk-In Closets
  • Kitchen Appliances: Dishwasher, Disposal, Microwave Oven, Refrigerator (Kitchen), Stove/Range/Oven
  • Laundry Availability: W/D Hookups In Unit
  • Lot Depth: 125.00
  • Lot Size Sq Ft: 7515.00
  • Lot Width: 60.00
  • Maintenance Expense: 3600
  • Number Of Units Vacant: 8
  • Offsite Management Annual Expens: 9504
  • Other HVAC: Electric Water Heater
  • Owner Paid Utilities: Maintenance, Property Tax, Trash, Water
  • Parking Count: 2
  • Per Unit Features: Assigned Parking, Garage
  • Potential Rental Income Annual: 158400
  • Real Estate Taxes: 8000
  • Rentals Allowed: Long Term, Short Term
  • Road Surface: Paved Road
  • Roofing: Composition Shingles
  • School Of Choice YN: Y
  • Seller Type: Corporation/Trust
  • Site Features: Near Public Transit
  • Sq Ft Above: 5407
  • Sq Ft Finished: 5407
  • Sqft Total: 5407
  • Structural Style: Multi-Story
  • Style Characteristics: Side-By-Side
  • Tax Amount: 1429.00
  • Tax Year: 2018
  • Tenant Paid Utilities: Electricity, Internet, Phone, Television
  • Total Offstreet Spaces: 4
  • Unit Access: Exterior Access
  • Unit Count: 1
  • Utility Billingto Tenants: Direct Billing From Utility
  • Utility Metering: Separate Electric
  • Water Annual Expense: 1920
Courtesy of Modus Real Estate

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