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Sold for $1,130,000 on 12/09/24
  • $1,130,000

    4851 S Bannock Street, Englewood, CO 80110

    9beds
    6baths
    5,800sqft
    Triplex
    Built in 1973
    -- sqft lot
    $1,185,900 Zestimate®
    $195/sqft
    $1,751 Estimated rent

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    $1,751/mo

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    $6,471/mo

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    $6,471/mo

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    What's special

    Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3/2 and feature a bed/bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500/mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.

    Zillow last checked: 7 hours ago

    Listing updated: December 09, 2024 at 02:42pm

    Listed by:

    Erik Carman 720-663-8999 erik.carman@compass.com,

    Compass - Denver

    Bought with:

    Julie Kalogeropoulos, 100076414

    Your Castle Real Estate Inc

    Source: REcolorado,MLS#: 5317982MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Basement: Bath/Stubbed,Finished,Unfinished
    Interior area
    • Total structure area: 5,800
    • Total interior livable area: 5,800 sqft
    • Finished area above ground: 2,900
    • Finished area below ground: 1,750

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Storage
    • Carport spaces: 3
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.25 Acres
    • Features: Level
    Details
    • Parcel number: 032007389
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Englewood
    • Subdivision: Englewood

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Estate
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    Estimated market value
    $1,185,900