Estimated payment $5,358/month
Great opportunity for this well cared for, value-add, Tri-plex with the ability to achieve a 9% cap rate by adding bedrooms.
Owner occupied for 36 Years! Tenants will love what this property has to offer! Perfect to live in one unit and rent the others or buy as an investment.
This property qualifies for a credit of 1.75% of the loan amount when financed through Guardian Mortgage that can be used to buy the rate down or towards closing costs.
Located in a quiet corner of the neighborhood, just east of Lowry and the Common Grounds golf course. Two miles south of the Fitzsimons Medical Center. Easy access to the Highline Canal.
Side-By-Side, Townhouse-style apartment Units. Currently 2bd, 1.5ba units with unfinished basements ready for 3rd or even 4th bedrooms. Easy value add!
3 car garage and additional off street parking for cars or an RV. Very unique for the area!
Nice rear patios and large back yard. Mountain views from the upstairs bedrooms!
Lots of updates including new exterior siding and paint, updated flooring, fresh interior paint, some new windows, and newer counter tops. Middle unit has central A/C!
7.6% cap rate with current 2bd units. Easily add bedrooms to achieve an 8 or 9% cap rate.
Two units are currently owner occupied. One unit is vacant. Owners will be moving out at closing.
Listing Agent
West Peak Properties Brokerage Email: brad@westpeakproperties.com,720-989-7727 License #100003098
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Bedrooms and Bathrooms
Outdoor Features
Schools
Utilities
Community Details
Listing and Financial Details
| 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 | $4,017 | $46,565 | -- | -- |
| 2023 | $4,017 | $46,565 | $0 | $0 |
| 2022 | $3,551 | $38,760 | $0 | $0 |
| 2021 | $3,746 | $38,760 | $0 | $0 |
| 2020 | $3,723 | $39,333 | $0 | $0 |
| 2019 | $3,703 | $39,333 | $0 | $0 |
| 2018 | $2,597 | $28,159 | $0 | $0 |
| 2017 | $2,259 | $28,159 | $0 | $0 |
| 2016 | $2,158 | $26,953 | $0 | $0 |
| 2015 | $2,083 | $26,953 | $0 | $0 |
| 2014 | $1,207 | $16,796 | $0 | $0 |
| 2013 | -- | $17,510 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Price Changed | $899,999 | -2.7% | $287 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $925,000 | -- | $295 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Land Title Guarantee Co | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $417,937 | VA | |
| Closed | $412,019 | VA | |
| Closed | $409,068 | VA | |
| Closed | $359,562 | Unknown | |
| Closed | $7,500 | Unknown | |
| Closed | $75,281 | Unknown | |
| Closed | $34,000 | Unknown | |
| Closed | $254,900 | Unknown | |
| Closed | $36,622 | Stand Alone Second | |
| Closed | $194,300 | Unknown | |
| Closed | $25,000 | Stand Alone Second |
$950,000
Property is 100% Occupied Current CAP Rate 8% Attention Investors and Owner Occupants. Fabulous Ranch Quadplex is perfect option if you are looking 4 bedroom home with additional 3 unit for income or a low maintenance four-unit investment opportunity, with additional income from garage/work shop. Updates to the building include New Roof and gutters on building and garage in 2023, New storage
Kristen Miller A Perfect Location Realty
Source: REcolorado®
MLS Number: 4133802
APN: 1973-11-3-05-024
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