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Off market

Buy a multi-family propertyat 3585 W 88th Ave, Westminster, CO 80031

$699,950

$725,000 (-3.46%)

$0/mo

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Multifamily

1,800 Sq. Ft.

323 Days on market

6147708 MLS ID

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About 3585 W 88th Ave multi-family property

Well cared for Duplex convenient to everything. Cor. of 88th and Lowell. both sides rented at great rates and cap rate is over 6%. Don't disturb the tenants. So much potential with the unfinished basements to add bedrooms. Plenty of off-street parking with shared Cir. dr. in front and designated spots at end of each unit. Lg. back yards. Don't miss this opportunity. Tenants would prefer showings late afternoon or early evening. Seller is local for quick response to offers. Seller must close after 6/2/23 for tax reasons.
Well cared for Duplex convenient to everything. Cor. of 88th and Lowell. both sides rented at great rates and cap rate is over 6%. Don't disturb the tenants. So much potential with the unfinished basements to add bedrooms. Plenty of off-street parking with shared Cir. dr. in front and designated spots at end of each unit. Lg. back yards. Don't miss this opportunity. Tenants would prefer showings late afternoon or early evening. Seller is local for quick response to offers. Seller must close after 6/2/23 for tax reasons.

Property details

House

Above Grade Finished Area: 1800

Architectural Style: "Ranch"

Below Grade Finished Area: 1800

Building Area Total: 3600

Construction Materials: "Wood/Frame", "Brick/Brick Veneer", "Wood Siding"

Lower Sq Ft: 1800

Total Sq Ft: 3600

Living Area: 1800

Living Area Source: Appraiser

Living Area Units: Square Feet

Stories: 1

Structure Type: "Duplex"

Year Built: 1976

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator", "Disposal"

Basement

Basement: "Unfinished"

Bathrooms

Bathrooms Total Integer: 2

Bedrooms

Bedrooms Total: 5

Location

City: Westminster

Country: US

County Or Parish: Adams

Locale: Westminster

Latitude: 39.856033

Longitude: -105.034805

MLS Area Major: Metro Denver

Postal Code: 80031

State Or Province: CO

Street Dir Prefix: W

Street Name: 88th

Street Number: 3585

Street Suffix: Ave

Subdivision Name: Shaw Heights

Unparsed Address: 3585 W 88th Ave Westminster CO 80031

Cooling

Cooling: "Room Air Conditioner"

Cooling YN: t

Garage

Covered Spaces: 4

Garage Spaces: 4

Garage YN: t

Garage Type: Off Street

Schools

Elementary School: Mesa

High School: Westminster

High School District: Westminster Public Schools

Middle Or Junior School: Shaw Heights

Fence

Fencing: "Partial"

Income

Gross Income: 50000

Net Operating Income: 43081

Heating

Heating: "Forced Air"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 3819

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 194.43

Listing Id: 6147708

Listing Terms: "Cash", "Conventional", "FHA", "VA Loan"

List Price: 699950

Mls Status: Pending

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Interior Features

Interior Features: "Eat-in Kitchen"

Lot

Lot Size Units: Square Feet

Expenses

Operating Expense: 6019

Parking

Other Parking: Parking Per Unit(2 Spaces/Unit)

Tenant Pays

Tenant Pays: "Gas", "Electricity", "Water"

Monthly cost

Estimated monthly cost

$4,315/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jun 6, 2018

Price

$425,000

Date

Jan 17, 2006

Price

$207,180

DatePrice
Jun 6, 2018$425,000
Jan 17, 2006$207,180

Schools

This home is within the Adams County School District 50.

Westminster & Thornton enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$657,953

+$20,999

$678,952

Seller agent commission$20,999 (3%)*

$0 (0%)

Buyer agent commission$20,999 (3%)*

$20,999 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $20,999 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:36 p.m.

Data updated: May 12, 2023 at 7:49 p.m.

Courtesy of Warren Williams, RE/MAX ALLIANCE {attribution_contact}
This content last updated on 05/12/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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