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Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,274 sqft
Price per Sqft $439
Subdivision Berkeley
MLS Listing ID 2319446
Bedrooms 4
Year Built 1910
Annual Tax Amount $4,557
Tax Year 2022
Lot Size 6,098 Sqft
Property Description
HOUSE HACKER DREAM // MOVE IN READY This 3 unit home is in excellent condition and has so many possibilities of uses to generate income for both owner occupant/house hackers or investors. Located in the highly desirable Berkeley Neighborhood 2 blocks away from 38th and Tennyson that provides the convenience to many of the best restaurants and bars in Denver. For a house hacker to maximize your income you can consider a few options 1) live in the 1/1, short term rent the 2/1, and long term rent the other 1/1.($70,200 gross annual rent!) You can always use the short term rental when family and friends are in town. 2) live in the 2/1, rent a the other bedroom (or not for full privacy), short term rent one and long term rent the other or long term rent both 1/1. 3) Accommodate multi-generational living. Traditional investors have the opportunity to do a few light upgrades to increase rental income and have the opportunity to medium term rent one of the units for maximum returns. The home has gone through the Denver Real License program. Improvements Include roof and gutters in 2017, boiler replaced in 2005, siding and windows in 1996, beautifully landscaped front yard, and partial fenced in backyard. The building features separately metered electrical meters, 1 gas meter and 1 water meter. The large basements offers a ton of storage for everyones camping gear and other items. The offering memorandum is available in the MLS supplement documents with full financials for both investor or house hacker. Please ask your agent to send it to you or reach out to me directly. The property is currently occupied by tenants and showings will only be offered during a showing window on Friday and Saturday.
Location
State CO
County Denver
Zoning U-TU-C
Interior
Heating Steam
Cooling Air Conditioning-Room
Flooring Carpet, Laminate, Wood
Laundry Common Area, In Unit
Exterior
Exterior Feature Balcony, Garden, Private Yard
Fence Partial
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer
Structure Type Brick, Vinyl Siding
Schools
Elementary Schools Centennial
Middle Schools Strive Sunnyside
High Schools North
School District Denver 1
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor