Robert Yazbeck - Coldwell Banker Distinctive Properties
2511 W 38th Avenue
Denver, CO 80211

Description

2,116 sq ft 4 bedroom 2 1/2 bath restored Victorian in East Highlands. Fully Finished Basement Has It`s Own Entrance, Perfect For a Rental. Plenty of parking with Two Car Detached Garage with a 3rd Parking Pad and Front Of Home Street Parking. Fenced Front & Backyards. New Roof, Gutters, Downspouts and Triple Pane Windows, Newer Water Heater, Furnace and Ac. Huge Backyard with room to build an addition. Rent it out as a 2 up 2 down or each room individually. Walking distance or a short bike ride to LoDo, Coors Field and Highlands Square. Close to transportation. Estimated Cap Rate: Basement 2 bed/$1500 + upstairs 2 story - ? yearly expenses = $46,800 Annual/purchase price=7.5 cap. Expenses will be low as everything is already done. Rents can be higher. Upstairs washer and dryer were moved to the basement bathroom..easy to add upstairs. Room in the basement for a modest kitchen

Details

MLS#4485411
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1895
Days On Site72

Features

SQ Feet2,116
Story(s)1
ZoningU-SU-C1

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80211
AreaDenver
Listing VS Median (in 80211)
Price:
$599,500
low | high
Med:
$598,500
50.166805671393% of Average
SqFt:
2,116
low | high
Med:
1,921
59.239130434783% of Average
$ / SqFt:
$283
low | high
Med:
$313
39.413998408725% of Average
On Site:
72
low | high
Med:
27
100% of Average
Listing Updated: 08/13/2018
MLS Number: 4485411
Listing Provided By:
Jonathan Spaulding  of  HomeSmart Cherry Creek
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