Overview
- Commercial Sale
- 9818
- 1949
Description
This multi-unit complex located in Denver’s South Park Hill neighborhood comprises four townhomes and one duplex, each recently fully renovated to modern standards. Spread over a total area of 9,818 sq ft on a combined 12,218 sq ft lot, this property offers enhanced living spaces and a sound investment potential.
Property Details:
Renovations: The properties have been updated with new roofs, efficient furnaces, modern kitchens including new appliances, contemporary flooring throughout, quartz countertops, jacuzzi tubs, and new tankless hot water heaters.
Unit Configuration:
Townhomes: Each townhome features 3 bedrooms and 2 bathrooms, providing ample space for families or shared living arrangements.
Duplex: The upper unit consists of 2 bedrooms and 1 bathroom, while the lower unit has 1 bedroom and 1 bathroom, ideal for different rental needs.
Rental Income: Projected gross annual income is $231,504, with the townhomes projected rental income for $3,818 each and the duplex units contributing a total of $4,010 per month
.
Outdoor Features: Two of the units have a private yard and an irrigation system, enhancing the outdoor living experience.
Location: Centrally located with a high Walk Score of 79, the property is in proximity to essential amenities and public transportation.
Offered at $2,990,000, this collection represents a significant investment opportunity in one of Denver’s most sought-after areas.
Address
Open on Google Maps- Address 1533 - 1541 Fairfax Street
- City Denver
- State/county CO
- Zip/Postal Code 80220
- Country United States
Details
Updated on April 23, 2024 at 2:37 am- Property ID: AMR31030703
- Price: $2,990,000
- Property Size: 9818 Sqft
- Land Area: 0.28 lot_area_unit
- Year Built: 1949
- Property Type: Commercial Sale
- Property Status: For Sale
- MLS#: REC9402602
- Office Name: EXP REALTY, LLC
- Agent Name: James Hund
- MLS Status: Active
Additional details
- List Office MLSID: RECEXPCO
- List Agent MLSID: REC55059046
- List Date: 2024-04-19T02:41:36.000Z
- Roof: Composition
- Sewer: Public Sewer
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