602 Wolff Street

Denver, CO 80204

Incomes Property  $725,000  Sold

01-08-2018 01:59pm

Great units with terrific street appeal and locating with-in 8 blocks of light rail ** 3 2 bedroom 1 bah units with 1 car garages ** One 3 bedroom unit with an attached garage ** Exterior freshly painted *** Nice yard area both front and back **2 bedroom rents could easily be raised to $1250 * That cap rate would be 6.9% Only one unit has not been updated in the past few years

MLS#
4587438
MLS Originator
REcolorado (Denver)
Off Market Date
10-23-2017 12:00am
Original Price
$810,000
Distance to Bus
1.00
Distance to Rail
8.00
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
01-08-2018 01:59pm
Bedrooms
9
Bathrooms
4
SqFt
3557
Year Built
1963
Der PSF Total
203.82

SqFt Lot
13410.00
SqFt Finished
3557
SqFt Above
3557

Sold Price
$725,000
Previous Year Tax
$2,241
Terms and Conditions
Cash, Conventional, Exchange
Owner Paid Utilities
Electricity,Gas,Water
Transaction Type
For Sale

Interior Features
Cable Available
Appliances
Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet
Cooling
None
Heating
Baseboard, Steam
Heating Fuel
Gas

Laundry Availability
Shared Laundry in Building,None

General
Corner Lot
Features
Balcony, Fence
Base Type
Standard
Base Floor Plan
Slab
Base Size
Partial
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Garage (Attached)
4
-
1 car for each unit
Lot View
Mountain View

Building Type
Quadplex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Brick, Wood Siding
Exterior Features
Balcony, Fence
Construction Method
Concrete
Builder Source
County Records

School District
Denver 1
Elementary School
Cowell
Middle School
Strive Lake
High School
North

Annual Actual Expenses
9036
Annual Projected Expenses
9036
Annual Actual Income
56286
Annual Projected Income
63000
Annual Actual Net Income
47250
Annual Projected Net Income
53964
Unit Furnished
0

PPA
2338709.68
Lot Width
0.00
Road Surface
Paved Road

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Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 602 Wolff Street, Denver, CO 80204
- Property Type: Incomes Property, 9 beds, 4 baths, 3557 SqFT
- Sold Price: $725,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$725,000 (1)
$725,000 (1)
$725,000 (1)
Area 2 (1-2 miles)
$0 (0)
$725,000 (1)
$725,000 (1)
$725,000 (1)
Area 3 (2-3 miles)
$0 (0)
$725,000 (1)
$725,000 (1)
$725,000 (1)
Area 4 (3-5 miles)
$0 (0)
$725,000 (1)
$725,000 (1)
$725,000 (1)

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