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Key Details
Sold Price $312,860
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $260
Subdivision The Timbers
MLS Listing ID 2303605
Bedrooms 3
Full Baths 2
Three Quarter Bath 1
Condo Fees $340
HOA Fees $340/mo
Year Built 1975
Annual Tax Amount $1,437
Tax Year 2020
Property Description
Strictly an investment property for investors. Nice Spacious 3 bedroom 3 bathroom ranch style town homes in The Timbers with lots of square footage, this property is currently a rental unit with a lease in place until April 2022. Whom ever purchases the property must honor the current lease so this property will needs to be SOLD to an investor looking for a nice rental property, the current rent is $2200 a month and could probably get a little more rent. The basement is very spacious and could be used as another living area it it has two additional room that could be used as none conforming bedrooms or office space or gym/flex rooms. The basement bathrooms had a minor water leak in which the seller is waiting for insurance claim to repair, it has been cleaned up but needs some flooring , and a vanity and some dry wall work. Seller is willing to give buyer a $4000 concession right now for the minor work the needs to be done, the water leak has been fully fixed. The property has a carport and additional parking, close to lost of convenient shopping. There is a lease in place that needs to be honored please call listing agent before setting up a showing.
Location
State CO
County Arapahoe
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Family Room, Wood Burning
Exterior
Roof Type Composition
Building
Foundation Slab
Structure Type Frame, Wood Siding
Schools
Elementary Schools Independence
Middle Schools Laredo
High Schools Smoky Hill
School District Cherry Creek 5
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor