2386 S Linden Court

Denver, CO 80222

Incomes Property  $665,000  Sold

10-04-2017 05:38pm

Rare 4 plex for sale in a great neighborhood. All units are on recent annual leases. Cap rate is 6.8% with realistic projections. Make money not create work. Most of the work has been done for you. Two units have remodeled kitchen and baths. There is a newer roof and newly refurbished boiler. Each unit has a washer and dryer. Large patio area and fenced in back yard plus 4 off-street parking spots. No showings until after an accepted offer. Financials are loaded in MLS documents via recolorado.com. *AAI is from current lease rates.

MLS#
9469238
MLS Originator
REcolorado (Denver)
Off Market Date
09-01-2017 12:00am
Original Price
$725,000
Nearby Attraction
Near Public Transit

Property
Income
Property Subtype
Income
Status
Sold
Status Conditions
None Known
Last Update
10-04-2017 05:38pm
Bedrooms
8
Bathrooms
4
SqFt
3234
Year Built
1965
Der PSF Total
205.63

SqFt Lot
6524.00
SqFt Finished
3234
SqFt Above
3234

Sold Price
$665,000
Previous Year Tax
$2,309
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Gas,Water,Lawn Service,Trash
Transaction Type
For Sale

Interior Features
Cable Available
Appliances
Dishwasher, Disposal, Dryer, Refrigerator (Kitchen), Self-Cleaning Oven, Smoke Alarm, Stove/Range/Oven, Washer
Flooring
Carpet, Laminate, Tile Floor
Cooling
None
Heating
Hot Water
Heating Fuel
Hot Water

Baths Full
0
Laundry Availability
Washer/Dryer Included

General
Near Public Transit
Features
Deck, Fence, Sprinkler System, Utility Shed, Yard
Base Size
None
Parking Spaces
1
Vehicle Spaces
4
Type
# of Space
L x W
Description
Off-Street
4
-

Building Type
Quadplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick
Architectural Style
Denver Square
Exterior Features
Deck, Fence, Sprinkler System, Utility Shed, Yard
Construction Method
Brick
Builder Source
County Records

School District
Denver 1
Elementary School
Bradley
Middle School
Hamilton
High School
Thomas Jefferson

Annual Actual Expenses
14087
Annual Projected Expenses
15261
Annual Actual Income
56820
Annual Projected Income
63905
Annual Actual Net Income
42733
Annual Projected Net Income
48644
Unit Furnished
0

PPA
4750000.00
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: 2386 S Linden Court, Denver, CO 80222
- Property Type: Incomes Property, 8 beds, 4 baths, 3234 SqFT
- Sold Price: $665,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$665,000 (1)
$665,000 (1)
$625,000 (2)
$625,000 (2)
Area 2 (1-2 miles)
$665,000 (1)
$665,000 (1)
$625,000 (2)
$625,000 (2)
Area 3 (2-3 miles)
$657,500 (2)
$657,500 (2)
$633,333 (3)
$633,333 (3)
Area 4 (3-5 miles)
$657,500 (2)
$657,500 (2)
$633,333 (3)
$633,333 (3)

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