Great Investor Opportunity for buy & hold! Great Cap Rate! The top unit already has tenants in there at $1450 per month with lease expiring on 06/30/21. The bottom unit is vacant and needs a new carpet, some paint, and other TLC to start renting it. Top unit is occupied and needs approval from the tenants to show it. The upper unit is identical to the bottom unit but is in much better condition. The list price reflects the TLC work that needs to be done in the property. This property is part of a 1031 Exchange.
Sold for $625,000 on 12/12/23
$625,000
1175 Xenia St, Denver, CO 80220
4beds
2baths
1,860sqft
MultiFamily
Built in 1978
-- sqft lot
$585,200 Zestimate®
$336/sqft
$2,954 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced air
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,860 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
Lot
- Size: 6,250 sqft
- Features: Level
Details
- Parcel number: 0604131021000
- Zoning description: E-TU-C
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1978
Community & neighborhood
Location
- Region: Denver
Other
Other facts
- Heating: Forced Air
- FireplaceYN: true
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- FireplacesTotal: 2
- ConstructionMaterials: Frame
- PropertyAttachedYN: true
- Roof: Composition
- LotFeatures: Level
- CoveredSpaces: 3
- LaundryFeatures: In Unit
- GrossIncome: 24300.00
- GrossScheduledIncome: 33600.00
- NetOperatingIncome: 21100.00
- MlsStatus: Active
- ZoningDescription: E-TU-C
Services availability
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Estimated market value
$585,200