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Key Details
Sold Price $489,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 820 sqft
Price per Sqft $596
Subdivision Lohi
MLS Listing ID 8736235
Style Urban Contemporary
Bedrooms 1
Three Quarter Bath 1
Condo Fees $303
HOA Fees $303/mo
Year Built 2020
Annual Tax Amount $1,728
Tax Year 2021
Property Description
Investment opportunity for a 1031 or cash investor! Qualified tenant already in place on one year lease. Lease expires August 31, 2022. Tenant is paying $2,400 per month. Projected cash flow (before loan interest) is $22,392 per year (accounts for taxes, insurance and HOAs) if cash or 1031 purchase. INVESTOR PACKAGE - This unit is part of a 3 unit investment package in the building. Total price for all 3 is $2.225M.
Here's your opportunity to own in the Edge! This spectacular 1 bedroom ADA home is located in Edge LoHi, a new development in one of the city's best neighborhoods! Featuring stainless steel appliances, a large balcony plumbed with gas line, and 1 parking space. At Edge LoHi you're just steps from the hottest restaurants, moments from the trendiest shops, and right in the heart of the perfect neighborhood! This is your chance to buy a brand new condominium with just 5% down. Project is move-in ready. For the full story, please visit www.edgelohi.com.
Location
State CO
County Denver
Interior
Heating Forced Air, Heat Pump
Cooling Central Air
Flooring Tile, Wood
Laundry In Unit, Laundry Closet
Exterior
Exterior Feature Balcony, Gas Valve, Lighting
Parking Features Concrete, Lighted
Garage Spaces 1.0
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Roof Type Other
Building
Sewer Public Sewer
Water Public
Structure Type Concrete, Steel
Schools
Elementary Schools Bryant-Webster
Middle Schools Bryant-Webster
High Schools North
School District Denver 1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Signature Real Estate Corp.
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor