10160 W 59th Avenue

Arvada, CO 80004 — Jefferson county
  $810,000  Sold

01-30-2019 01:06pm

Property Description

Back on market. Contract fell due to financing--buyer didn't qualify for the loan. Must move quickly to purchase this income property.$8,000 per month income potential. 3 bedroom units in the area rent for $2000 per month. This a side-by-side 4 unit building. Each unit has 2 levels., 2 bedrooms, living room, kitchen, bath are on the top level, and the lower level has another bath and bedroom. 3 bedroom 1.75 bathroom units. Long term tenants. Income on one unit rent is $1810. Other units can be raised to this same amount or more. Below market rents. Actual Annual Expense includes the water, sewer, trash, maintenance and repairs. Please do not bother the tenants, showings only for unit 4 until we receive a contract.Unit 1: 3Bed, 2 Bath Unit 2: 3Bed, 1 Full Bath, 1 ShowerUnit 3: 3Bed, 1 Full Bath, 3/4 BathUnit 4: 3Bed, 2 Full Bath

Listing Details

MLS#
5447422
MLS Originator
REcolorado (Denver)
Off Market Date
12-24-2018 12:00am
Original Price
$799,000

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
01-30-2019 01:06pm
Bedrooms
12
SqFt
4088
Year Built
1968
Der PSF Total
198.14

Map

Property Level and Sizes

SqFt Lot
9177.00
SqFt Finished
4000
SqFt Basement
2044
SqFt Above
2044

Financial Details

Sold Price
$810,000
Previous Year Tax
$3,356
Terms and Conditions
Cash, Conventional, FHA, Private Financing, VA
Transaction Type
For Sale

Interior Details

Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Exterior Details

Base Size
Full
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Exterior Construction

Building Type
Quadplex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Brick
Construction Method
Frame

Schools

School District
Jefferson County R-1
Elementary School
Allendale
Middle School
Drake
High School
Arvada West

Condominium Projections

Annual Actual Expenses
7957
Annual Projected Expenses
7957
Annual Actual Income
64069
Annual Projected Income
86880
Annual Actual Net Income
56112
Annual Projected Net Income
78923
Unit Furnished
0

Land Details

PPA
3857142.86
Lot Width
0.00

Contact Agent

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