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6-Plex, 4 Apartments and 2 Retail/Commercial Spaces- Englewood,CO 80113

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  • 6-Plex, 4 Apartments and 2 Retail/Commercial Spaces- Englewood,CO 80113

Descripiton

Characteristics

Number of Buildings: 2 Number of Stories: 2 SqFt: 6,221 Lot Area: 3,485 SqFt. Number of Commercial Units: 2 Number of Residential Units: 4 Bedrooms: 6 Bathrooms: 7 Subdivision Name: South Broadway Heights

PHOTOS: https://drive.google.com/drive/folders/11lzqbRfWZuktoHTTr045vbRYwfBH86DW

Condition

South Broadway 6-plex, 4 residential units and 2 commercial units.

All residential tenants are on a month-month. Rents are well below market value. Current owners have tenants on a monthly increase to raise rents to a better rate but still below market value. Click here for more details on the apartments and rents.

One of the commercial spaces is leased and rent is $2,100 (they pay $2,900 and if on-time owners give them an $800 rebate each month, so $2,100).

Eight or more parking spaces accessable from the alley. Each unit has an entrance off of Broadway and the alley.

Numbers & Dates

Numbers HOA: No Taxes: $5,862 (2023) Rental Income: $126,800, 15.3 CAP ARV: $1,500,000 Asking: $825,000 Dates Investor Inspection: Wednesday 9/25 at Noon RSVP Closing: 10/15/24 Possession: 10/15/24

Features

6221 Sq Ft.
6 Beds
7 Baths
Price: $825,000

Contact Seller

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