938-942 Inca Street

Denver, CO 80204

Incomes Property  $690,000  Sold

06-01-2017 02:35pm

938-942 Inca is a value-add, 4-unit Multifamily opportunity in the hot Lincoln Park Neighborhood. The property features a Triplex with 1-Bedroom units and a 2-Bedroom single family home. It is less than 2 blocks from West High School and includes a 1-Car Garage. The location allows easy access to Speer Boulevard, Downtown Denver, The Auraria Campus and 6th Avenue, as well as the Santa Fe Arts District.

MLS#
7663769
MLS Originator
REcolorado (Denver)
Off Market Date
03-26-2017 12:00am
Original Price
$695,000
Nearby Attraction
Near Public Transit

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
06-01-2017 02:35pm
Bedrooms
0
SqFt
2570
Year Built
1915
Der PSF Total
268.48

SqFt Lot
4706.00
SqFt Finished
2570
SqFt Above
2570

Sold Price
$690,000
Previous Year Tax
$3,082
Terms and Conditions
Cash, Conventional, Exchange, FHA
Transaction Type
For Sale

Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Baths Full
0

General
Near Public Transit
Features
Garden Area
Base Size
None
Parking Spaces
1
Vehicle Spaces
1
Type
# of Space
L x W
Description
Garage (Detached)
1
-

Roof
Composition Shingles
Construction
Brick
Exterior Features
Garden Area
Construction Method
Brick

School District
Denver 1
Elementary School
Dora Moore
Middle School
Kepner
High School
West

Annual Actual Expenses
9062
Annual Projected Expenses
9334
Annual Actual Income
56454
Annual Projected Income
65066
Annual Actual Net Income
47392
Annual Projected Net Income
55732
Unit Furnished
0

PPA
6272727.27
Lot Width
0.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 938-942 Inca Street, Denver, CO 80204
- Property Type: Incomes Property, - beds, - baths, 2570 SqFT
- Sold Price: $690,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$717,500 (2)
$717,500 (2)
$717,500 (2)
$717,500 (2)
Area 2 (1-2 miles)
$1,112,800 (5)
$1,034,583 (6)
$1,034,583 (6)
$916,563 (8)
Area 3 (2-3 miles)
$867,889 (18)
$815,022 (23)
$815,022 (23)
$782,442 (26)
Area 4 (3-5 miles)
$794,108 (37)
$760,217 (48)
$721,558 (59)
$703,035 (72)

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