$625,000

Estimated payment $3,719/month

Total Views 32,618
4 Beds
3 Baths
2,416 Sq Ft
$259 Price per Sq Ft

Highlights

  • Carriage House
  • No HOA
  • Walk-In Closet
  • George Washington High School Rated A-
  • Eat-In Kitchen
  • Cooling Available

About This Home

DUPLEX/RESIDENTIAL: Residential Two houses on one lot. Excellent investment property or a use as single family home with charming Accessory Dwelling Unit (ADU). ADU is on separate gas and electric meters great income. Two completely separate units each has own privacy, with fence and separate parking. The main house is in great condition, move in ready and can live in or rent out. 2016 sq feet in the main house + finished attic (not included in sq ft) which is very rare to find a home with this size in the area with an ADU. Some updating included paint, carpet, flooring. With 3 bedrooms, 2 Full bathrooms, a finished attic/loft area. There currently is a hideaway staircase to the loft but potential for a metal spiral staircase for more convenience. There is finished basement in the main house. The ADU is about 400 square feet and is 1 bedroom, 1 bathroom with efficiency kitchen and quaint living/dining room. **Units are separately metered for gas and electric. Both units do share one water tap. ** NOTE: NET OPERATING BASED ON PROFORMA**. Buy as Commercial or Seller will consider a Commercial NNN Lease. COMMERCIAL: RARE ZONING ALLOWS for Business/Commercial and Residential - This is a Prime location with high traffic, ideal for office or retail business. Uses include but are not limited to: Arts, recreation, entertainment, Eating or Drinking establishment, Office, Retail Sales, Service & Repair, Light automotive Vehicle / Equipment Sales, Rentals, Service & Repair, and Home Occupations (Live/work) With two units on one lot, there are several business opportunities*With Two Units - If you purchase you can have front as your main businesses and use back for are apartment rental or rent to a small retail business. Front unit: has 2 private room/offices, large waiting area or store front, kitchen and break room, conference room/or additional space in lower level. Back: Open room and 1 private room, 1 full bath with break room

Listing Agent

Kristen Miller

A Perfect Location Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1932

Lot Details

  • 5,520 Sq Ft Lot
  • Property fronts an alley
  • West Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Carriage House
  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Panel Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Ashley Elementary School
  • Hill Middle School
  • Washington High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating

Additional Features

  • Accessible Doors
  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 133331027

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Welchs Colfax Ave Sub Subdivision

Building Details

  • Gross Income $46,440
  • Net Operating Income $40,819

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,756

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt, Concrete
  • Subdivision Name: Welchs Colfax Ave Sub
  • Directions: Colfax and Tamarac north to property.
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Washer, Dryer
  • Accessibility Features: Near Bus, Accessible Doors, Main Floor Bath
  • Has Basement: Full, Partially Finished, Daylight
  • Total Bedrooms: 4
  • Door Features: 6-Panel Doors
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Other Structures: Carriage House
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Excel
  • Heating: Forced Air, Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Denver
  • Gas Company: Natural Gas, Separate Meter Gas, Excel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Ashley
  • HighSchool: Washington, George
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Hill

Lot Info

  • Zoning: E-MS-3
  • Lot Size Sq Ft: 5520
  • Parcel #: 133331027
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2756

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46440
  • Income Includes: ["Lease/Rents","Common Area Fees"]
  • Annual Operating Expense: 5621

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,818 $35,580 $5,560 $30,020
2023 $2,757 $35,580 $5,560 $30,020
2022 $1,681 $21,140 $9,590 $11,550
2021 $1,623 $21,750 $9,870 $11,880
2020 $1,924 $25,930 $9,870 $16,060
2019 $1,870 $25,930 $9,870 $16,060
2018 $1,482 $19,150 $7,950 $11,200
2017 $1,477 $19,150 $7,950 $11,200
2016 $1,136 $13,930 $7,912 $6,018
2015 $1,088 $13,930 $7,912 $6,018
2014 $796 $9,580 $2,611 $6,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 For Sale $625,000 -- $259 / Sq Ft
Source: IRES MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $84,000 Fahtco
Trustee Deed -- None Available
Warranty Deed $189,900 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $36,000 --
Warranty Deed $27,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Balloon
Closed $208,000 Commercial
Closed $92,766 New Conventional
Closed $93,000 Unknown
Closed $61,417 Purchase Money Mortgage
Previous Owner $151,920 Stand Alone First
Previous Owner $1,250,000 Unknown
Previous Owner $139,500 Unknown
Previous Owner $350,000 Unknown
Previous Owner $215,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $13,950 Seller Take Back
Closed $37,980 No Value Available
Source: Public Records

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Source: IRES MLS

MLS Number: 1013366

IRES MLS

APN: 1333-31-027