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Off market

Buy a multi-family propertyat 1036 Perry St, Denver, CO 80204

$945,000

$975,000 (-3.08%)

$0/mo

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Multifamily

2,600 Sq. Ft.

390 Days on market

8072509 MLS ID

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About 1036 Perry St multi-family property

Cash flowing asset that brings in a solid cap rate and is in a great location! Complex has had extensive remodeling done within the last year and it has been easy to find tenants. Unique unit mix with a 3 bedroom, 2 bedroom and 1 bedroom. Three bedroom and two bedroom have been rented to long term tenants while the 1 bedroom is renting through air BNB as a furnished unit. This location has a lot going for it including the Perry light rail station, playground, trails, basketball court and even a frisbee golf course right in it's backyard! Development is happening across the street as this makes for a great asset now and into the future. Would make for a great house hack where the buyer could live in the 1 bedroom! Unit 1 is outfitted with a mini split providing heating and cooling while saving you energy costs. The other units share a furnace and utilize one thermostat. We currently own the property neighboring to the North of this one if someone was interested in purchasing both.
Cash flowing asset that brings in a solid cap rate and is in a great location! Complex has had extensive remodeling done within the last year and it has been easy to find tenants. Unique unit mix with a 3 bedroom, 2 bedroom and 1 bedroom. Three bedroom and two bedroom have been rented to long term tenants while the 1 bedroom is renting through air BNB as a furnished unit. This location has a lot going for it including the Perry light rail station, playground, trails, basketball court and even a frisbee golf course right in it's backyard! Development is happening across the street as this makes for a great asset now and into the future. Would make for a great house hack where the buyer could live in the 1 bedroom! Unit 1 is outfitted with a mini split providing heating and cooling while saving you energy costs. The other units share a furnace and utilize one thermostat. We currently own the property neighboring to the North of this one if someone was interested in purchasing both.

Property details

Location

City: Denver

Country: US

County Or Parish: Denver

Locale: Denver

Latitude: 39.733681

Longitude: -105.039055

MLS Area Major: Metro Denver

Postal Code: 80204

State Or Province: CO

Street Name: Perry

Street Number: 1036

Street Suffix: St

Subdivision Name: Villa Park

Unparsed Address: 1036 Perry St Denver CO 80204

House

Above Grade Finished Area: 1600

Below Grade Finished Area: 1000

Building Area Total: 2600

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

Lower Sq Ft: 1000

Total Sq Ft: 2600

Levels: "Two"

Living Area: 2600

Living Area Units: Square Feet

Stories: 2

Year Built: 1955

Property Access

Accessibility Features: "Level Lot"

Basement

Basement: "Full"

Bathrooms

Bathrooms Total Integer: 3

Bedrooms

Bedrooms Total: 6

Cooling

Cooling: "Room Air Conditioner", "Ceiling Fan(s)"

Cooling YN: t

Garage

Covered Spaces: 6

Garage Spaces: 6

Garage YN: t

Garage Type: Off Street

Property

Direction Faces: West

Crops: None

Property Attached YN: t

Property Condition: "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Road Surface Type: "Dirt"

Utilities

Electric: "Master Meter-Electric"

Gas: "Master Meter-Gas"

Is Water Meter Installed: Yes

Schools

Elementary School: Eagleton

High School: North

High School District: Denver 1

Middle Or Junior School: Strive Lake

Fireplaces

Fireplace Features: "None"

Income

Gross Income: 75000

Net Operating Income: 59508

Heating

Heating: "Forced Air", "Heat Pump"

Heating YN: t

Taxes

Has Metro Tax District: No

Tax Annual Amount: 2372

Tax Year: 2021

Water

Has Water Rights: No

Listing

Price Per Sq Ft: 363.46

Listing Id: 8072509

Listing Terms: "Cash", "Conventional", "VA Loan", "1031 Exchange"

List Price: 945000

Mls Status: Pending

Number Of Units Total: 3

Special Listing Conditions: "Other Owner"

Standard Status: Pending

Interior Features

Interior Features: "Pantry"

Lot

Lot Features: "Level"

Lot Size Units: Square Feet

Expenses

Operating Expense: 15492

Parking

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

Miscellaneous

Other Structures: "Outbuildings"

Exterior Features

Patio And Porch Features: "Patio"

Monthly cost

Estimated monthly cost

$5,825/mo

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

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$888,300

+$28,350

$916,650

Seller agent commission$28,350 (3%)*

$0 (0%)

Buyer agent commission$28,350 (3%)*

$28,350 (3%)*

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

Get $28,350 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 26, 2024 at 9:30 a.m.

Data updated: May 18, 2023 at 8:50 p.m.

Courtesy of Nick Donato, 3GEN Real Estate
This content last updated on 05/18/2023. 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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