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Key Details
Sold Price $400,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $292
Subdivision Northglenn Pavilion Lofts Condo
MLS Listing ID 1505103
Bedrooms 2
Full Baths 2
Condo Fees $300
HOA Fees $300/mo
Year Built 2003
Annual Tax Amount $2,120
Tax Year 2021
Property Description
For owners or investors! Welcome to your new Northglenn penthouse.
This corner unit is a rare / unique opportunity to own one of the most desirable ranch style luxury condos in the area. The unit features vaulted ceilings, mountain/sunrise/sunset views, front, and back decks, abundant natural light, and much more!
The great room consists of an updated kitchen with granite countertops and custom stone column, living room with gas fireplace, and dining room with built-in storage. A hallway with additional built-in storage connects the great room to a guest bathroom, laundry closet, and two bedrooms. The primary bedroom has a 5-piece master bath (including jacuzzi), and custom walk-in closet with additional built-ins.
2 secured underground parking spaces are deeded with the sale of the unit with elevator access directly to the unit.
The home is conveniently located within walking distance to restaurants, shopping, bars, and the light rail station with easy access to Denver Union Station.
The unit has been used as a primary residence and as a 5-star Airbnb / Vrbo yielding $2700/month from monthly rentals and $4000/month from short term rentals. Seller is willing to offer turn-key management if buyer wants to purchase unit as a rental. This unit will be cash flow positive at current interest rates. Furnishings not included with the sale but can be negotiated. The unit is fully booked (minus Nov/Dec) through April of 2023. Seller is willing to lease back property through rental period if management is not desired. For owner occupiers, seller is willing to work to relocate bookings. Proceeds from purchase needed for business funding.
Location
State CO
County Adams
Interior
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Roof Type Architecural Shingle
Building
Sewer Public Sewer
Structure Type Frame
Schools
Elementary Schools Hunters Glen
Middle Schools Century
High Schools Mountain Range
School District Adams 12 5 Star Schl
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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CEO / Real Estate Wealth Advisor