2210 Dexter Street

Denver, CO 80222

Incomes Property  $1,796,000  Active

08-01-2017 02:51pm

Remodeled, turn-key 6 Unit apartment building on a huge lot, plus a development opportunity to build 10 more units to create a 16 unit building! Strong leases deliver high gross income! PRIME DENVER LOCATION. Five 3 Bedroom units and one 2 bedroom unit with plenty of off-street parking! This remodeled building is located in the University Hills neighborhood of Denver just minutes away from the prestigious University of Denver, Cherry Creek Shopping Center and just walking distance to many shops and restaurants along Colorado Blvd. SOLID and sustainable rents are in place. Keep the building as-is for a healthy cash flow or expand to a 16 unit while you collect rent! Architecture plans and renderings have been prepared for the buyer to convert to a 16 unit building to substantially increase value and income. Investors and Developers here's your chance!

MLS#
3956170
MLS Originator
REcolorado (Denver)
Original Price
$1,900,000
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Status
Active
Last Update
08-01-2017 02:51pm
Bedrooms
12
Bathrooms
6
SqFt
6168
Year Built
1973
Der PSF Total
291.18

SqFt Lot
12700.00
SqFt Finished
6168
SqFt Above
6168

Previous Year Tax
$3,542
Terms and Conditions
Cash, Conventional, Private Financing
Owner Paid Utilities
Water,Lawn Service,Trash
Transaction Type
For Sale

Interior Features
Cable Available, Eating Space / Kitchen, Remodeled, Updated, Work Shop (Interior)
Appliances
Dishwasher, Disposal, Microwave Oven, Refrigerator (Kitchen), Self-Cleaning Oven, Stove/Range/Oven
Flooring
Carpet, Tile Floor, Wood Floors
Cooling
Air Conditioning-Individual
Heating
Forced Air
Heating Fuel
Gas, Hot Water
Utilities
Cable TV, Internet Access (Wired), Telephone

Baths Full
0
Laundry Availability
Washer/Dryer Included

General
Corner Lot
Base Size
None
Parking Spaces
1
Vehicle Spaces
10
Type
# of Space
L x W
Description
Off-Street
10
-
Lot View
City View

Building Type
5+ Plex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Brick, Stucco
Features
Commercial Improvements
Construction Method
Brick,Frame
Builder Source
County Records

School District
Denver 1
Elementary School
University Park
Middle School
Merrill
High School
Thomas Jefferson

Annual Actual Expenses
11462
Annual Projected Expenses
11462
Annual Actual Income
116280
Annual Projected Income
129576
Annual Actual Net Income
104818
Annual Projected Net Income
118114
Unit Furnished
0

PPA
6193103.45
Lot Width
0.00

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Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2210 Dexter Street, Denver, CO 80222
- Property Type: Incomes Property, 12 beds, 6 baths, 6168 SqFT
- Selling Price: $1,796,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$1,796,000 (1)
$1,796,000 (1)
$1,796,000 (1)
$1,796,000 (1)
Area 2 (1-2 miles)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)
Area 3 (2-3 miles)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)
Area 4 (3-5 miles)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)
$1,785,500 (2)

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