2020 S Fox Street

Denver, CO 80223 — Denver County

Income Property  $770,000  Sold  MLS# 4432756  

6 beds    4 baths    3200.00 sqft    Lot size: 9370.00 sqft    0.22 acres    1961 build   

Updated: 08-05-2021 09:55am


  Property Description

Triplex. Unique opportunity to live in one unit and let tenants pay your mortgage or rent out all three units for a great cash-flowing property. This unique house features a 3 bed/2 bath unit in the back, a 2 bed / 1 bath unit in the front, a 1 bed/ 1 bath unit in the basement, and 3 garage spaces (1 currently leased with the 3/2, and the other 2 spaces available to lease up for additional income). This property is being sold at a 6.19% cap rate based off the actual T12 financials with the ability to add value by leasing out the additional garage space and increasing rent and RUBS. The basement and the 3/2 are both on MTM leases, and the 2/1’s lease is up at the end of August, giving an investor great flexibility with how to use or improve the space. All units are tenant occupied and require a minimum of 24 hour notice prior to any showings. Tenants work from home and request walk throughs happen after 5pm or on Saturdays to avoid workday interruptions. Seller is a Colorado Licensed Broker.

  Listing Details

Property Type 
Income Property
MLS# 
4432756
MLS Originator 
REcolorado (Denver)
Last Updated 
08-05-2021 09:55am
Status 
Sold
Status Conditions 
None Known
Der PSF Total 
240.62
Off Market Date 
07-08-2021 12:00am

  Property Details

Property Subtype 
Triplex
Sold Price 
$770,000
Original Price 
$749,900
List Price 
$770,000
Location 
Denver, CO 80223
SqFT 
3200.00
Year Built 
1961
Acres 
0.22
Bedrooms 
6
Bathrooms 
4
Parking Count 
1

  Map

  Property Level and Sizes

SqFt Lot 
9370.00
Lot Size 
0.22

  Financial Details

PSF Total 
$240.62
PSF Finished 
$240.62
PSF Above Grade 
$321.91
Previous Year Tax 
$2,562
Year Tax 
2020
Is this property managed by an HOA? 
No
Primary HOA Fees 
0.00

  Interior Details

Interior Features  
Granite Counters, Kitchen Island, Laminate Counters, Master Suite, Walk-In Closet(s)
Cooling  
Evaporative Cooling
Heating  
Natural Gas
Fireplaces Number  
Utilities  
Electricity Connected, Natural Gas Connected, Phone Connected

  Exterior Details

Features  
Dog Run, Fire Pit, Garden, Private Yard
Water  
Public
Sewer  
Public Sewer

  Garage & Parking

Parking Spaces  
1
Parking Features  
Asphalt, Concrete, Storage, Tandem

  Exterior Construction

Roof  
Composition
Construction  
Brick, Wood Siding
Architectural Style  
Traditional
Exterior Features  
Dog Run, Fire Pit, Garden, Private Yard
Builder Source 
Public Records

  Land Details

PPA 
3500000.00

  Schools

Elementary School 
Asbury
Middle School 
Grant
High School 
South

  Walk Score®


 

  Listing Media

Virtual Tour 
  Click here to watch tour



  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2020 S Fox Street, Denver, CO 80223
- Property Type: Income Property, 6 beds, 4 baths, 3200.00 SqFT
- Selling Price: $749,900
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$770,000 (1)
$722,500 (2)
$722,500 (2)
Area 2 (1-2 miles)
$0 (0)
$770,000 (1)
$722,500 (2)
$722,500 (2)
Area 3 (2-3 miles)
$635,000 (4)
$662,000 (5)
$664,167 (6)
$664,167 (6)
Area 4 (3-5 miles)
$635,000 (4)
$665,833 (6)
$667,143 (7)
$667,143 (7)

  Contact Agent

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