1167 S Raritan Street

Denver, CO 80223 — Denver County

Income Property  $1,105,000  Sold  MLS# 2109156  

8 beds    4 baths    3404.00 sqft    Lot size: 10700.00 sqft    0.25 acres    1955 build   

Updated: 04-22-2021 02:30pm


  Property Description

You don't want to miss this opportunity to own a 4-unit property in Denver proper. Situated perfectly in Ruby Hill on a 10,700sqft lot, this brick 4-plex has been recently renovated and all the 'majors' have been upgraded., newer roof, new sewer line, new electrical, upgraded landscaping for minimal maintenance, to-code handrails, new decking, lots of exterior lighting installed, several interior upgrades, and the rear parking lot has been recoated and sealed. Awesome location! Very close to public transit, restaurants, Huston Lake Park, Overland Golf Course, and under 2.5 miles to I/25. This property presents itself as a great 'set-it and forget-it', cash flow opportunity for an investor OR as an even better 'house-hacking' opportunity for a first-time investor or homeowner. Agents, please be sure to check out the FHA loan limits on a 4-unit property, you will be shocked! Finance nearly this entire purchase and let your tenants pay your whole mortgage every single month while you build massive equity in your property!

  Listing Details

Property Type
Income Property
MLS#
2109156
MLS Originator
REcolorado (Denver)
Last Updated
04-22-2021 02:30pm
Status
Sold
Status Conditions
None Known
Der PSF Total
324.62
Off Market Date
02-15-2021 12:00am

  Property Details

Property Subtype
Quadplex
Sold Price
$1,105,000
Original Price
$1,149,000
List Price
$1,105,000
Location
Denver, CO 80223
SqFT
3404.00
Year Built
1955
Acres
0.25
Bedrooms
8
Bathrooms
4
Parking Count
1

  Map

  Property Level and Sizes

SqFt Lot
10700.00
Lot Size
0.25

  Financial Details

PSF Total
$324.62
PSF Finished
$324.62
PSF Above Grade
$324.62
Previous Year Tax
$2,836
Year Tax
2019
Is this property managed by an HOA?
Primary HOA Fees
0.00

  Interior Details

Interior Features
Ceiling Fan(s), Eat-in Kitchen
Cooling
None
Heating
Forced Air
Fireplaces Number

  Exterior Details

Features
Balcony, Dog Run, Garden, Lighting
Water
Public
Sewer
Public Sewer

  Garage & Parking

Parking Spaces
1

  Exterior Construction

Roof
Composition
Construction
Brick
Architectural Style
Mid-Century Modern
Exterior Features
Balcony, Dog Run, Garden, Lighting
Builder Source
Public Records

  Land Details

PPA
4420000.00

  Schools

Elementary School
Godsman
Middle School
Grant
High School
Abraham Lincoln



  Walk Score





  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1167 S Raritan Street, Denver, CO 80223
- Property Type: Income Property, 8 beds, 4 baths, 3404.00 SqFT
- Selling Price: $1,149,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$1,105,000 (1)
$1,105,000 (1)
$950,000 (2)
Area 2 (1-2 miles)
$0 (0)
$1,105,000 (1)
$1,105,000 (1)
$950,000 (2)
Area 3 (2-3 miles)
$1,150,000 (1)
$1,127,500 (2)
$1,101,667 (3)
$1,025,000 (4)
Area 4 (3-5 miles)
$956,500 (2)
$1,006,000 (3)
$1,017,000 (4)
$972,600 (5)

  Contact Agent

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