5111 E 8th Avenue

Denver, CO 80220

Incomes Property  $515,000  Sold

07-31-2017 12:39pm

LOCATION, LOCATION. Includes both sides of duplex 5111 and 5115 E 8th Ave. Each has 2 bedrooms and 1 bath. Laundry in unit. Each unit has an attached 1 car garage . Both units have a fenced back yard. These units are in prime area. Rare opportunity to own income property near Rose hospital, shopping, downtown, public transportation This area is bustling with activity. Move into 1 unit and rent the other or rent both. Both units have tenants with leases.

MLS#
2209922
MLS Originator
REcolorado (Denver)
Off Market Date
07-07-2017 12:00am
Original Price
$599,900

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
07-31-2017 12:39pm
Bedrooms
4
Bathrooms
2
SqFt
1854
Year Built
1943
Der PSF Total
277.78

SqFt Lot
6075.00
SqFt Finished
1854
SqFt Basement
488
SqFt Above
1366

Sold Price
$515,000
Previous Year Tax
$2,207
Terms and Conditions
Cash, Conventional, FHA
Owner Paid Utilities
Water
Transaction Type
For Sale

Interior Features
Double Pane Windows, Exterior Basement Entrance, Heated Basement, Smoke Free
Appliances
Dryer, Refrigerator (Kitchen), Stove/Range/Oven, Washer
Flooring
Carpet, Concrete, Wood Floors
Cooling
Air Conditioning-Room
Heating
Forced Air
Heating Fuel
Gas
Utilities
Cable TV, Internet Access (Wired), Telephone

Baths Full
0
Laundry Availability
Washer/Dryer Included,W/D Hookups in Unit

Features
Dog Run, Fence, Garden Area, Sprinkler System, Yard
Base Type
Standard
Base Finished
Yes
Base Size
Partial
Basement Finished %
100
Parking Spaces
1
Parking Features
Driveway-Asphalt
Vehicle Spaces
2
Type
# of Space
L x W
Description
Garage (Attached)
2
-

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Brick
Exterior Features
Dog Run, Fence, Garden Area, Sprinkler System, Yard
Features
Professionally Managed
Construction Method
Brick
Builder Source
County Records

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

Annual Actual Expenses
2207
Annual Projected Expenses
2207
Annual Actual Income
32700
Annual Projected Income
32700
Annual Actual Net Income
30493
Annual Projected Net Income
30493
Unit Furnished
0

PPA
3678571.43
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: 5111 E 8th Avenue, Denver, CO 80220
- Property Type: Incomes Property, 4 beds, 2 baths, 1854 SqFT
- Sold Price: $515,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$507,790 (2)
$513,493 (3)
$513,493 (3)
$513,493 (3)
Area 2 (1-2 miles)
$507,790 (2)
$513,493 (3)
$513,493 (3)
$513,493 (3)
Area 3 (2-3 miles)
$450,420 (4)
$465,316 (5)
$462,583 (7)
$462,583 (7)
Area 4 (3-5 miles)
$482,954 (7)
$466,158 (10)
$485,622 (13)
$436,294 (19)

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