2020 S Fox Street

Denver, CO 80223

Incomes Property  $535,000  Under Contract

07-25-2018 10:30am

Incredible duplex on 9000 square foot lot, just steps to the Evans light rail station in the hot Overland neighborhood! Just steps to the Platte River Trail, and an easy walk to SoBro and Platte Park, and surrounded by new construction and scrapes, this duplex is in a hot location and has upside for rents. 2 bed unit up front rents for $1350 and is up in September for owner occupant buyers, while 5-bed back unit (newer construction, basement bedrooms non-conforming) is rented for $2,100. Newer plumbing, electric, baths, roof, windows, and hot water heater, plus furnace and boiler were just serviced. Cash flows nicely from day 1, plus lots of upside for the creative entrepreneur: Bill back tenants for utilities and rent out the 3rd garage stall (retained by owner currently), and even look to rent RV or boat storage on the property! Overland golf course and Grandoozy music festival are just up the street. Don't miss this great opportunity! Showings Sat from 11-1 only please.

MLS#
9269936
MLS Originator
REcolorado (Denver)
Off Market Date
07-25-2018 12:00am
Original Price
$550,000
Distance to Bus
0.10
Distance to Rail
0.20
Nearby Attraction
Near Public Transit, Secluded

Property
Income
Property Subtype
Income
Under Contract
Status Conditions
None Known
Last Update
07-25-2018 10:30am
Bedrooms
6
Bathrooms
4
SqFt
3200
Year Built
1961
Der PSF Total
167.19

SqFt Lot
9370.00
SqFt Finished
3150
SqFt Basement
807
SqFt Above
2393

Previous Year Tax
$1,965
Terms and Conditions
Cash, Conventional, FHA
Owner Paid Utilities
Gas,Water
Transaction Type
For Sale

Interior Features
Master Suite, Updated
Appliances
Dishwasher, Dryer, Refrigerator (Kitchen), Stove/Range/Oven, Washer
Flooring
Carpet, Wood Floors
Cooling
Ceiling Fan, Evaporative Cooler (Swamp)
Heating
Forced Air, Hot Water
Heating Fuel
Gas

Laundry Availability
W/D Hookups in Unit

General
Near Public Transit, Secluded
Features
Fence, Front Porch, Patio, Yard
Base Type
Standard
Base Finished
Yes
Base Size
Full
Basement Finished %
95
Parking Spaces
3
Parking Features
Driveway-Concrete
Vehicle Spaces
7
Type
# of Space
L x W
Description
Carport (Attached)
1
-
Garage (Detached)
3
-
Electric, 1 car walled off from the other two
Off-Street
3
-
Extra paved area to the side of carport

Building Type
Duplex (all units)
Structure
Multi-Story
Roof
Composition Shingles
Construction
Brick, Vinyl Siding
Architectural Style
Contemporary
Exterior Features
Fence, Front Porch, Patio, Yard
Construction Method
Brick,Frame
Builder Source
County Records

School District
Denver 1
Elementary School
McKinley-Thatcher
Middle School
Grant
High School
South

Annual Actual Expenses
8965
Annual Projected Expenses
9300
Annual Actual Income
41400
Annual Projected Income
46600
Annual Actual Net Income
32435
Annual Projected Net Income
37300
Unit Furnished
0

PPA
2431818.18
Lot Width
0.00
Road Surface
Paved Road

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