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Off market

Buy a multi-family propertyat 240 S Canosa Ct, Denver, CO 80219

$935,000

$975,000 (-4.1%)

$0/mo

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Multifamily

3,242 Sq. Ft.

6,750 Sq. Ft. lot

520 Days on market

8880850 MLS ID

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About 240 S Canosa Ct multi-family property

Prime Investment opportunity! Check out the Denver area west and stadium master district plan to see all the exciting redevelopment opportunities for the area. There are 2 brand new apartment complexes being built within 1/4 mile of the property with even more in the planning stages with the city. The area is seeing rapid rental rate growth! The property is separated out as a 1 bed/1.5 bath, and two (2) 3 bedroom/1 bath units. From top to bottom this has been remodeled to include new landscaping, fresh paint, new flooring, new appliances, updated bathrooms and bedrooms. 2 of 3 units are currently occupied providing the option to house hack! The seller is open to execute a leaseback at market rate upon sale of the property. The seller is also open to creative financing opportunities including an assumption of current LOW RATE VA Mortgage. Loan is assumable by vets/ non-vets. The seller is also open to carrying a portion of the difference between the assumption and purchase price. Terms negotiable. Come check out this hassle free property listed at a true 6.1 cap rate and reap the benefits as the area sees massive redevelopment.
Prime Investment opportunity! Check out the Denver area west and stadium master district plan to see all the exciting redevelopment opportunities for the area. There are 2 brand new apartment complexes being built within 1/4 mile of the property with even more in the planning stages with the city. The area is seeing rapid rental rate growth! The property is separated out as a 1 bed/1.5 bath, and two (2) 3 bedroom/1 bath units. From top to bottom this has been remodeled to include new landscaping, fresh paint, new flooring, new appliances, updated bathrooms and bedrooms. 2 of 3 units are currently occupied providing the option to house hack! The seller is open to execute a leaseback at market rate upon sale of the property. The seller is also open to creative financing opportunities including an assumption of current LOW RATE VA Mortgage. Loan is assumable by vets/ non-vets. The seller is also open to carrying a portion of the difference between the assumption and purchase price. Terms negotiable. Come check out this hassle free property listed at a true 6.1 cap rate and reap the benefits as the area sees massive redevelopment.

Property details

House

Above Grade Finished Area: 2031

Architectural Style: "Contemporary/Modern", "Ranch"

Below Grade Finished Area: 1211

Building Area Total: 3242

Construction Materials: "Stucco"

Lower Sq Ft: 1211

Total Sq Ft: 3242

Living Area: 3242

Living Area Units: Square Feet

Stories: 1

Year Built: 1962

Property Access

Accessibility Features: "Level Lot"

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator", "Washer", "Dryer", "Freezer"

Basement

Basement: "Full"

Bathrooms

Bathrooms Total Integer: 4

Bedrooms

Bedrooms Total: 7

Location

City: Denver

Country: US

County Or Parish: Denver

Locale: Denver

Latitude: 39.712254

Longitude: -105.019142

MLS Area Major: Metro Denver

Postal Code: 80219

State Or Province: CO

Street Dir Prefix: S

Street Name: Canosa

Street Number: 240

Street Suffix: Ct

Subdivision Name: Alameda Heights

Unparsed Address: 240 S Canosa Ct Denver CO 80219

Cooling

Cooling: "Central Air"

Cooling YN: t

Garage

Covered Spaces: 3

Garage Spaces: 3

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric", "Master Meter-Electric"

Gas: "Master Meter-Gas"

Is Water Meter Installed: Yes

Utilities: "Electricity Available", "Cable Available"

Schools

Elementary School: Valverde

High School: West

High School District: Denver 1

Middle Or Junior School: West Denver Prep

Fence

Fencing: "Fenced"

Heating

Heating: "Forced Air", "Heat Pump"

Heating YN: t

Property

Crops: None

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 2951

Tax Year: 2021

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 288.4

Listing Id: 8880850

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

List Price: 935000

Mls Status: Pending

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Pending

Lot

Lot Features: "Level"

Lot Size Acres: 0.15

Lot Size Area: 6750

Lot Size Square Feet: 6750

Lot Size Units: Square Feet

Parking

Other Parking: Parking Per Unit(1.5 Spaces/Unit)

Tenant Pays

Tenant Pays: "Gas", "Electricity"

Monthly cost

Estimated monthly cost

$5,763/mo

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

Sale and tax history

Sales history

Date

Mar 8, 1995

Price

$35,000

DatePrice
Mar 8, 1995$35,000

Schools

This home is within the Denver Public Schools No. 1.

Denver 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$878,900

+$28,050

$906,950

Seller agent commission$28,050 (3%)*

$0 (0%)

Buyer agent commission$28,050 (3%)*

$28,050 (3%)*

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

Get $28,050 more selling your home
with a Unreal Estate agent

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State

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

Data updated: Mar 16, 2023 at 8:45 p.m.

Courtesy of Joshua Gilbert, NAV Real Estate {attribution_contact}
This content last updated on 03/16/2023. 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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