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Off market

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$915,000

$975,000 (-6.15%)

$0/mo

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Multifamily

1,358 Sq. Ft.

5,640 Sq. Ft. lot

400 Days on market

6401460 MLS ID

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About not provided multi-family property

1536 Lowell Blvd, Denver, CO 20204 is a fantastic investment opportunity. Located in the popular and trendy Sloans Lake Neighborhood. The property is also located near major transportation routes like the I-25 and Colfax Light Rail station which is only 4 minutes away. The Sloans Lake neighborhood is known for its strong rental demand, making this property an attractive long-term investment option. The building on the property is 1,852 square feet and the total lot size is 5,460 square feet. The property was built in 1918 and features two units. Unit 1 has four bedrooms, 2 bathrooms and is 1,358 Square feet. Unit 2 features 1 bedroom, 1 bathroom and is 494 square feet. Both units have in unit washer dryer and both units have been updated over the years. There is the possibility to add a three garage ADU in the back parking area of the lot, buyer to verify this. Investors can enjoy a steady stream of rental income from both units. The Sloans Lake neighborhood is known for its strong rental demand, making this property an attractive long-term investment option. Buyer to verify building square footage and allowable uses within the city and county of Denver zoning code.
1536 Lowell Blvd, Denver, CO 20204 is a fantastic investment opportunity. Located in the popular and trendy Sloans Lake Neighborhood. The property is also located near major transportation routes like the I-25 and Colfax Light Rail station which is only 4 minutes away. The Sloans Lake neighborhood is known for its strong rental demand, making this property an attractive long-term investment option. The building on the property is 1,852 square feet and the total lot size is 5,460 square feet. The property was built in 1918 and features two units. Unit 1 has four bedrooms, 2 bathrooms and is 1,358 Square feet. Unit 2 features 1 bedroom, 1 bathroom and is 494 square feet. Both units have in unit washer dryer and both units have been updated over the years. There is the possibility to add a three garage ADU in the back parking area of the lot, buyer to verify this. Investors can enjoy a steady stream of rental income from both units. The Sloans Lake neighborhood is known for its strong rental demand, making this property an attractive long-term investment option. Buyer to verify building square footage and allowable uses within the city and county of Denver zoning code.

Property details

House

Above Grade Finished Area: 1358

Below Grade Finished Area: 494

Building Area Total: 1852

Construction Materials: "Brick/Brick Veneer"

Lower Sq Ft: 494

Total Sq Ft: 1852

Levels: "Two"

Living Area: 1358

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Structure Type: "Duplex"

Year Built: 1918

Property Access

Accessibility Features: "Level Lot"

Basement

Basement: "Partial"

Bathrooms

Bathrooms Total Integer: 2

Bedrooms

Bedrooms Total: 5

Location

City: Denver

Country: US

County Or Parish: Denver

Locale: Denver

Latitude: 39.74115

Longitude: -105.034279

MLS Area Major: Metro Denver

Postal Code: 80204

State Or Province: CO

Street Name: Lowell

Street Number: 1536

Street Suffix: Blvd

Subdivision Name: Cheltenham Heights

Unparsed Address: 1536 Lowell Blvd Denver CO 80204

Cooling

Cooling: "Central Air"

Cooling YN: t

Garage

Covered Spaces: 5

Garage Spaces: 5

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Separate Meter Electricity"

Gas: "Master Meter-Gas"

Is Water Meter Installed: Yes

Schools

Elementary School: Cheltenham

High School: North

High School District: Denver 1

Middle Or Junior School: Strive Lake

Income

Gross Income: 52800

Net Operating Income: 28948

Heating

Heating: "Forced Air"

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: 2599

Tax Year: 2021

Water

Has Water Rights: No

Listing

Price Per Sq Ft: 494.06

Listing Id: 6401460

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

List Price: 915000

Mls Status: Active

Number Of Units Total: 2

Special Listing Conditions: "Private Owner"

Standard Status: Active

Lot

Lot Features: "Level"

Lot Size Acres: 0.13

Lot Size Area: 5640

Lot Size Square Feet: 5640

Lot Size Units: Square Feet

Expenses

Operating Expense: 22000

Parking

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

Monthly cost

Estimated monthly cost

$5,640/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$860,100

+$27,450

$887,550

Seller agent commission$27,450 (3%)*

$0 (0%)

Buyer agent commission$27,450 (3%)*

$27,450 (3%)*

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

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

Data updated: Jun 6, 2023 at 6:50 p.m.

Courtesy of Nik MacCarter, MODUS Real Estate
This content last updated on 06/06/2023. 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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