2708 W 66th Place

Denver, CO 80221

Incomes Property  $162,600  Sold

06-12-2015 08:26pm

Phenomenal Opportunity in the Path of Development. This Property is Walking Distance to Two New Future Light Rail Stations. Income Producing Duplex, One Unit Has Two Bedrooms and rents for $785, the 1 Brm Unit rents for $675. On a 1/2 Acre R-2 Lot, likely can be sub-dividable to make an additional R-2 Lot . Located near the Future Federal Station on the Gold Line and the Westminster Station on the NW Line. This Price is for both of the units of a Duplex. Value is in then Future of the Land, but You can have Income in the meantime. One unit is currently occupied with a tenant and one is vacant. The property next door to the East is currently available for 139K to make a 1 Acre Lot if combined with this property. Potential Rezoning to R-3 for possibly up to 14 Units. No sign in the yard. Basement ceilings are not high enough to use as living space, just storage.

MLS#
8042424
MLS Originator
REcolorado (Denver)
Off Market Date
05-12-2015 12:00am
Original Price
$150,000
Distance to Bus
2.00
Distance to Rail
6.00
Nearby Attraction
Near Public Transit

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
06-12-2015 08:26pm
Bedrooms
3
Bathrooms
2
SqFt
2580
Year Built
1956
Der PSF Total
63.02

SqFt Lot
21780.00
SqFt Finished
1380
SqFt Basement
1200
SqFt Above
1380

Sold Price
$162,600
Previous Year Tax
$1,015
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Water
Transaction Type
For Sale

Interior Features
Cable Available, Double Pane Windows, Smoke Free
Appliances
Dryer, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven, Washer
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

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

General
Near Public Transit
Features
Fence, Yard
Base Type
Cellar
Base Size
Partial
Parking Spaces
1
Vehicle Spaces
6
Type
# of Space
L x W
Description
Off-Street
6
-

Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Wood Siding
Architectural Style
Other
Exterior Features
Fence, Yard
Construction Method
Frame
Builder Source
County Records

School District
Westminster Public Schools
Elementary School
F.M. Day
Middle School
Scott Carpenter
High School
Westminster

Annual Actual Expenses
2500
Annual Projected Expenses
2500
Annual Actual Income
17520
Annual Projected Income
17520
Annual Actual Net Income
15020
Annual Projected Net Income
15020
Unit Furnished
0

PPA
325200.00
Lot Width
90.00

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2708 W 66th Place, Denver, CO 80221
- Property Type: Incomes Property, 3 beds, 2 baths, 2580 SqFT
- Sold Price: $162,600
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 2 (1-2 miles)
$0 (0)
$0 (0)
$0 (0)
$0 (0)
Area 3 (2-3 miles)
$329,500 (1)
$329,500 (1)
$329,500 (1)
$329,500 (1)
Area 4 (3-5 miles)
$329,500 (1)
$329,500 (1)
$329,500 (1)
$329,500 (1)

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