4468 Federal Boulevard

Denver, CO 80211
  $1,512,700  Sold

11-06-2019 08:28pm

Property Description

Sitting in one of Denver's finest neighborhoods (Sunnyside) and more then just an investment property, this complex was built and maintained by three generations. It's apparent when you see every inch of it. Each unit is meticulously maintained and you'll scratch your head remembering that these 6-units were built over 68 years ago. The foot print, the floor plan, the original wood-trim, doors and hard wood floors under the carpets, and all mechanical features are in impeccable condition. There are two garden level storage, mechanical, laundry facilities in the lower level of each building. As an investor, if your looking for units that need elbow grease and TLC, this one isn't it. If you want to buy, make minimal changes, and collect rent checks, this is it. The seller would like to make this transition as seamless as possible for his tenants who have lived here LONG-term.

Listing Details

MLS#
6287352
MLS Originator
REcolorado (Denver)
Off Market Date
09-04-2019 12:00am
Original Price
$1,580,000

Property Details

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
11-06-2019 08:28pm
Bedrooms
4
Bathrooms
4
SqFt
4350
Year Built
1951
Der PSF Total
347.75

Map

Property Level and Sizes

SqFt Lot
15900.00
SqFt Finished
4350
SqFt Above
4350

Financial Details

Sold Price
$1,512,700
Previous Year Tax
$5,238
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Insurance,Lawn Service,Maintenance,Property Tax,Water
Transaction Type
For Sale

Interior Details

Interior Features
Double Pane Windows
Appliances
Dryer, Refrigerator (Kitchen), Stove/Range/Oven, Washer
Flooring
Carpet, Wood
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Room Details

Laundry Availability
Shared Laundry in Building

Exterior Details

Features
Fence, Front Porch, Garden Area, Patio, Sprinkler System
Base Type
Garden Level
Base Finished
Yes
Base Floor Plan
Crawl Space
Base Size
Partial
Basement Finished %
50
Parking Spaces
2
Parking Features
Driveway-Concrete
Vehicle Spaces
11
Type
# of Space
L x W
Description
Garage (Detached)
5
-
5-detached single car garages
Parking Lot
6
-
6-parking spaces
Lot View
City View

Exterior Construction

Building Type
5+ Plex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick
Exterior Features
Fence, Front Porch, Garden Area, Patio, Sprinkler System
Construction Method
Block

Schools

School District
Denver 1
Elementary School
Columbian
Middle School
Strive Sunnyside
High School
North

Condominium Projections

Annual Actual Expenses
21835
Annual Projected Expenses
220000
Annual Actual Income
69600
Annual Projected Income
110400
Annual Actual Net Income
47765
Annual Projected Net Income
-109600
Unit Furnished
0

Land Details

PPA
4201944.44
Lot Width
0.00
Road Surface
Alley, Paved Road

Listing Media

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