851 E Egbert Street

Brighton, CO 80601

Incomes Property  $560,000  Sold

05-12-2018 10:30pm

A great opportunity for a new or seasoned investor! Rare 5 unit in the historic Avondale neighborhood.Close to schools and restaurants. Easy to rent. Recent dimensional shingle roof. Separate meters.Current long term tenants are on month to month agreements at below market rents. One unit left vacant for new owner to occupy or rehab and lease at market rate.3, 2 bed units and 2, 1 bed units provide a good mix for the demand in the area. Don't miss this rare opportunity to purchase an income property with a great upside and sweat equity potential.

MLS#
5518900
MLS Originator
REcolorado (Denver)
Off Market Date
03-27-2018 12:00am
Original Price
$590,000
Distance to Bus
2.00
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
05-12-2018 10:30pm
Bedrooms
8
Bathrooms
5
SqFt
3504
Year Built
1904
Der PSF Total
159.82

SqFt Lot
7800.00
SqFt Finished
3504
SqFt Above
3504

Sold Price
$560,000
Previous Year Tax
$1,367
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Insurance,Lawn Service,Property Tax,Trash,Water
Transaction Type
For Sale

Cooling
None
Heating
Forced Air
Heating Fuel
Gas
Other HVAC
Gas Water Heater

General
Corner Lot
Features
Sprinkler System
Base Size
None
Parking Spaces
1
Vehicle Spaces
0
Type
# of Space
L x W
Description
None
0
-

Building Type
5+ Plex (all units)
Structure
Multi-Level
Roof
Architectural Shingles
Construction
Wood Siding
Architectural Style
Other
Exterior Features
Sprinkler System
Construction Method
Frame
Builder Source
County Records

School District
School District 27-J
Elementary School
Southeast
Middle School
Vikan
High School
Brighton

Annual Actual Expenses
4000
Annual Projected Expenses
4000
Annual Actual Income
48000
Annual Projected Income
60000
Annual Actual Net Income
44000
Annual Projected Net Income
56000
Unit Furnished
0

PPA
3111111.11
Lot Width
0.00
Road Surface
Paved Road

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