2594 Chase Street

Edgewater, CO 80214

Incomes Property  $500,000  Under Contract

08-14-2019 10:04pm

Property Description

Opportunity knocks! Not only is this one updated and ready for you to move in with upgraded kitchen and baths, but it also has an entire basement apartment. Upstairs you get two bedrooms and cozy a living space, with an open concept, updated kitchen. Large bathroom with laundry rounds out the main floor. The basement, currently used as an Air BnB, has its own exterior entrance. Seller made $20,000 income from Air BnB last year-Thats $1600 a month! With a kitchenette, bathroom, living space, and bedroom, this is truly a great short term rental, mother in law apartment...your options are endless. Don’t miss the backyard and side yard, great outdoor living space for your Colorado summer nights by the fire! Just down the street from all Edgewater has to offer, along with new dining hall on 20th and Depew, it just keeps getting better. Rent the main house for $1800 maybe and then $1600 from the air bnb...thats a good return!!

Listing Details

MLS#
5926739
MLS Originator
REcolorado (Denver)
Off Market Date
08-14-2019 12:00am
Original Price
$500,000
Nearby Attraction
Corner Lot, Near Public Transit

Property Details

Property
Income
Property Subtype
Income
Status
Under Contract
Status Conditions
None Known
Last Update
08-14-2019 10:04pm
Bedrooms
3
SqFt
1404
Year Built
1909
Der PSF Total
356.13

Map

Property Level and Sizes

SqFt Lot
6000.00
SqFt Finished
1402
SqFt Basement
468
SqFt Above
936

Financial Details

Previous Year Tax
$1,841
Terms and Conditions
Cash, Conventional, FHA, VA
Owner Paid Utilities
Electricity,Gas,Insurance,Internet,Lawn Service,Maintenance,Property Tax,Trash,Water
Transaction Type
For Sale

Interior Details

Interior Features
Cable Available, Eating Space / Kitchen, Exterior Basement Entrance, Heated Basement, Smoke Free, Updated
Flooring
Carpet, Wood
Cooling
Air Conditioning-Central
Heating
Forced Air
Heating Fuel
Gas
Fireplaces Features
Wood

Room Details

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

Exterior Details

General
Corner Lot, Near Public Transit
Features
Covered Patio, Fence
Base Type
Walk-Out
Base Finished
Yes
Base Floor Plan
Slab
Base Size
Full
Basement Finished %
100
Parking Spaces
1
Vehicle Spaces
2
Type
# of Space
L x W
Description
Carport (Attached)
2
-
additional storage lockers

Exterior Construction

Building Type
Duplex (all units),Other
Structure
Ranch/1 Story
Roof
Composition Shingles
Construction
Stucco
Exterior Features
Covered Patio, Fence
Construction Method
Block
Builder Source
County Records

Schools

School District
Jefferson County R-1
Elementary School
Edgewater
Middle School
Jefferson
High School
Jefferson

Condominium Projections

Annual Actual Expenses
2000
Annual Projected Expenses
5000
Annual Actual Income
20000
Annual Projected Income
20000
Annual Actual Net Income
18000
Annual Projected Net Income
15000
Unit Furnished
0

Land Details

PPA
3571428.57
Lot Width
0.00
Road Surface
Paved Road

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2594 Chase Street, Edgewater, CO 80214
- Property Type: Incomes Property, 3 beds, - baths, 1404 SqFT
- Selling Price: $500,000
 
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)
$750,000 (2)
$696,667 (3)
$648,750 (4)
$648,750 (4)
Area 4 (3-5 miles)
$925,000 (4)
$730,000 (7)
$701,875 (8)
$701,875 (8)

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