2285 W 55th Avenue

Denver, CO 80221

Incomes Property  $350,000  Under Contract

07-30-2018 02:28pm

Value-Add investment property near Regis University. This property is a non-conforming duplex that is zoned for a single family home. Value-add opportunity to convert property into a single family residence or work with county to permit for a duplex. Both units are about 1,100 SF and are three bedroom, one bathroom units. No long term leases in place currently, one of the units is vacant. Units are separately metered, with separate furnaces and water heaters.

MLS#
5769783
MLS Originator
REcolorado (Denver)
Off Market Date
07-27-2018 12:00am
Original Price
$350,000

Property
Income
Property Subtype
Income
Under Contract
Status Conditions
None Known
Last Update
07-30-2018 02:28pm
Bedrooms
6
SqFt
2264
Year Built
1954
Der PSF Total
154.59

SqFt Lot
10440.00
SqFt Finished
2264
SqFt Above
2264

Previous Year Tax
$2,455
Terms and Conditions
Cash, Conventional
Transaction Type
For Sale

Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Laundry Availability
W/D Hookups in Unit

Base Size
None
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Building Type
Duplex (all units)
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Stucco
Construction Method
Block
Builder Source
County Records

School District
Westminster Public Schools
Elementary School
Hodgkins
Middle School
Scott Carpenter
High School
Westminster

Annual Actual Expenses
7398
Annual Projected Expenses
7398
Annual Actual Income
26040
Annual Projected Income
36000
Annual Actual Net Income
18642
Annual Projected Net Income
28602
Unit Furnished
0

PPA
1458333.33
Lot Width
0.00

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