Property Highlights: 9 Bed / 3 Unit property leased through 07/2027. Gross Rents for the 26-27 School Year: $195,660. Projected Cap Rate: 5.79%. Current layout: lives like a 9-bedroom house with three kitchens on a 10,915 SF lot that allows for expansion. Potential to redevelop the property up to 24… Read More Beds total. See marketing OM for Feasibility Study. Read Less
Courtesy of Market Real Estate 3034445040
Listing Snapshot
Days Online
45
Last Updated
Property Type
Triplex
Lot Size
0.25 Acres
Year Built
1952
MLS Number
IR1069190
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Oven, Refrigerator, Washer
Basement
Full
Building
Built in 1952, Levels: Two, Construction Materials: Brick
Expenses
Operating: $45,134
Heating
Forced Air
Income
Gross Income: $15,075, Net Operating Income: $150,526
Lot
0.25 acres
Parking
8 total parking spaces
Roof
Composition
Taxes
Parcel Number: R0000546, Annual Amount: $11,376, Legal Description: LOT 32 LESS S 12.5 FT & ALL LOTS 33-34-35 BLK 37 UNIVERSITY PLACE, Year: 2025, Zoning: RM2
Tenant Pays
Electricity, Gas, Trash Collection, Water
Utilities
Electricity Available, Natural Gas Available, Water Source: Public
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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