DESCRIPTION

Great investment opportunity in desirable Ruby Hill neighborhood!! All units are currently tenant occupied with one lease ending at the end of October. Dependable tenants, great rental history, low maintenance, 3 full updated units, security cameras in place, close to Downtown with easy access to I-25, and solid construction. You will get a great return on investment with over $65,000 a year, 5% cap rate, $1,400 rent rate, and 8-12% ROI with jumbo financing.

KEY DETAILS
  • Price:
  • $1,130,000
  • Bedrooms:
  • 8
  • Square Footage:
  • 3,404
  • Acreage:
  • 0.25
  • Year Built:
  • 1955
  • MLS #:
  • 8259291
  • Street Address:
  • 1167 S Raritan St
  • City:
  • Denver
  • State:
  • CO
  • Postal Code:
  • 80223
  • County:
  • Denver
  • Subdivision:
  • Ruby Hill
  • Listing Status:
  • For Sale - Active

Building

  • Dwelling Type:
  • Quadplex (all Units)
  • Features:
  • Storage Lockers
  • Finished Above Ground Square Footage:
  • 3404
  • Finished Square Feet:
  • 3404
  • Flooring:
  • Carpet, Tile Floor, Vinyl/Linoleum, Wood Floors
  • Interior Features:
  • Double Pane Windows, Updated
  • Number Of Units:
  • 4
  • Siding:
  • Brick, Wood Siding
  • Style:
  • Multi-Level
  • Total Building Square Footage:
  • 3404
  • Type Of Roof:
  • Composition Shingles
  • Unit Features:
  • Storage Locker
  • Year Built:
  • 1955

Business

  • Annual Insurance Expenses:
  • 1500
  • Annual Maintenance Expenses:
  • 500

Land

  • Conforms To Zoning:
  • E-Mu-2.5
  • Lot Square Footage:
  • 10700.00
  • Road Surface:
  • Paved Road

Listing

  • Financing Options:
  • Cash, Conventional, Jumbo
  • For Sale Or Lease?:
  • For Sale

Money

  • Property Taxes:
  • $2,525
  • Tax Year:
  • 2017

Rooms

  • Kitchen Appliances:
  • Refrigerator (kitchen), Smoke Alarm, Stove/Range/Oven

Structures

  • Parking Description:
  • Driveway-Concrete
  • Parking Spaces:
  • 8

Systems

  • Heating:
  • Forced Air
  • Heating Fuel:
  • Gas
  • Laundry:
  • W/D Hookups In Unit

Source

  • Listing Provided By Exp Realty

    MLIST
School data provided by
GreatSchools
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SCHOOL RATINGS
4

GODSMAN ELEMENTARY SCHOOL
Elementary School
Public

6

GRANT MIDDLE SCHOOL
Middle School
Public

3

ABRAHAM LINCOLN HIGH SCHOOL
High School
Public

NOTES

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