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Key Details
Sold Price $1,178,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,599 sqft
Price per Sqft $327
Subdivision Perrins
MLS Listing ID 5641276
Bedrooms 6
Year Built 1953
Annual Tax Amount $3,516
Tax Year 2020
Property Description
2396 W. 42nd is a charming art-deco house with2bd/1.5ba carriage house. The carriage house presents itself as the perfect opportunity for an investor to own 3units and live in one. The property is located on the north edge of LoHi, making it walkable to trendy shops and restaurants while making it highly accessible to major highways. The asset features an attractive unit mix that consists of two 2bd/1ba and one 2bd/1.5 carriage house. The property has plenty of value-add opportunity, as currently the rents are well below market in addition to the opportunity to renovate and capture even greater rents. The property boasts 2 yards, one being a private yard to the carriage house. There is common area laundry in the front house and the carriage house has it’s own laundry.
Location
State CO
County Denver
Zoning U-SU-C1
Interior
Heating Floor Furnace
Cooling None
Exterior
Roof Type Unknown
Building
Lot Description Level
Sewer Public Sewer
Structure Type Brick
Schools
Elementary Schools Columbian
Middle Schools Strive Sunnyside
High Schools North
School District Denver 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor