1571 Uinta Street

Denver, CO 80220

Incomes Property  $1,500,000  Active

10-08-2019 08:16am

Property Description

OPPORTUNITY ZONE (https://choosecolorado.com/programs-initiatives/opportunity-zones/) land with rentals - 25,000 square foot corner lot with 3 current income units, Main house has 3 bed 1 bath units and 3 studios, back house has 4 1 bed 1 bath units total of 10 plus 2 car garage could be used as part of the income cash flow. Fabulous location near the Fitzsimmons, Anschutz, Children's, University of Colorado and VA Veterans Administration Medical Campus. Huge work commencing in the near future improving the mass transit from downtown to the Medical Campuses along Colfax Ave (https://www.denvergov.org/content/denvergov/en/denver-department-of-public-works/projects/current/colfax-corridor-connections.html). Zoning is E-RH-2.5 for future development of 8-12 row houses depending on width of units.

Listing Details

MLS#
4918652
MLS Originator
REcolorado (Denver)
Original Price
$1,500,000
Distance to Bus
0.50
Distance to Rail
0.50
Nearby Attraction
Corner Lot

Property Details

Property
Income
Property Subtype
Income
Status
Active
Last Update
10-08-2019 08:16am
Bedrooms
10
Bathrooms
10
SqFt
5990
Year Built
1900
Der PSF Total
250.42

Map

Property Level and Sizes

SqFt Lot
25000.00
SqFt Finished
5451
SqFt Basement
539
SqFt Above
5451

Financial Details

Previous Year Tax
$3,659
Terms and Conditions
Cash, Conventional, Jumbo, Private Financing
Owner Paid Utilities
Electricity,Gas,Lawn Service,Maintenance,Property Tax,Trash,Water
Transaction Type
For Sale

Interior Details

Cooling
Air Conditioning-Individual
Heating
Forced Air, Hot Water
Heating Fuel
Gas, Hot Water
Other HVAC
Central Hot Water, Gas Water Heater
Utilities
Cable TV, Internet Access (Wired)

Room Details

Laundry Availability
Shared Laundry in Building

Exterior Details

General
Corner Lot
Features
Yard
Base Type
Cellar
Base Finished
Yes
Base Size
Partial
Parking Spaces
1
Parking Features
220 Volts
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Detached)
2
-

Exterior Construction

Building Type
5+ Plex (all units),Low Rise (all units),Other
Structure
Multi-Level
Roof
Architectural Shingles
Construction
Brick, Stucco, Wood Siding
Architectural Style
Victorian
Exterior Features
Yard
Construction Method
Brick,Frame
Builder Source
County Records

Schools

School District
Denver 1
Elementary School
Ashley
Middle School
Hill
High School
George Washington

Condominium Projections

Annual Actual Expenses
33231
Annual Projected Expenses
34000
Annual Actual Income
70427
Annual Projected Income
75000
Annual Actual Net Income
37196
Annual Projected Net Income
41000
Unit Furnished
0

Land Details

PPA
2631578.95
Lot Width
200.00
Road Surface
Alley, Paved Road

Listing Media

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