1401 S Broadway R A, Denver, CO, 80210
- $1,150,000
Overview
- Triplex, ResidentialIncome
- 4
- 3
- 1915
Description
Attractive income property located in desirable Platt Park on S. Broadway close to exciting shops and dining. 3-unit condo with one updated studio, an updated 2 bedroom, and another 1 bedroom unit. Always rented and rising rents on turnovers. Minimal operating costs and decent infrastructure with low deferred maintenance. This is a nice cruise control investment with plenty of upside opportunity. Unit 1: New lease commences 6.30.22. Updated Studio with new cabinets, granite counters, LVP flooring and a bath. . Unit 2: leased through 2.28.23, Updated 2-bedroom, 1 bath with comparable finishes to the studio. Unit 3: leased through 9.30.22, 1 bedroom, 1 bath with new carpet. All three units deeded as one and cannot be split. Unit 2 and 3 have not escalated rents in past two years and could be increased significantly at renewal. Utilities reimbursed through the rent. Self-managed HOA $127 per month. Due diligence documents and financials uploaded in the documents section for your review.
Address
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Address: 1401 S Broadway R A
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City: Denver
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State/county: Denver
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Zip/Postal Code: 80210
Details
Updated on July 26, 2022 at 3:48 pm-
Property ID HZ4802564
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Price $1,150,000
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Bedrooms 4
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Bathrooms 3
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Year Built 1915
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Property Type Triplex, ResidentialIncome
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Property Status Active
Additional details
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PropertySubType Triplex
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Subdivision Broadway Arkansas
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Tax Year 2021
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Construction Materials Brick
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Utilities ElectricityConnected, NaturalGasConnected
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Roof Other
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Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
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LotSizeUnits Acres
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Middle School Grant
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HighSchool South
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HighSchool District Denver 1
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ElementarySchool McKinley-Thatcher
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees