$1,049,000
For Sale

50 Osceola Street

Denver, CO 80219
2900 sqft | 8 beds | 0.22 acres | #9553916
Listing OfficeHAYDEN OUTDOORS LLC
Browse 28 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This four-plex is just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Here is your opportunity to buy a multifamily property with $7300 monthly rental income, generating a 7.5% cap rate. Live in one unit and rent out the others so your tenants pay your mortgage while you build equity! Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (4 spaces/unit). BONUS: The entire complex has been redone with new everything.. over $200k of upgrades inside and out! Outside; newer sewer line and new fencing with storage for each unit. Newer roof and new exterior paint and doors. Gas and electric meters are separated for each unit. Inside; all units have open floor plans with new luxury vinyl-wood flooring, new kitchens with gray shaker cabinets with soft closing draws and pulls, granite countertops, subway tile backsplash and new stainless steel appliances. The bathrooms are all new with fixtures and lighting. 2 units have new windows and other 2 newer windows. The furnaces are 4 years old and new water heaters. All new electrical and plumbing, plus trim, doors, and paint. Each unit has stackable W&D. Gas and electrical are paid by tenants. All units are currently occupied but Owner Occupancy Is Available with a 1 month notice. This investment property offers it all - too good to pass up!

  • Property Details
      • Utility FeaturesElectricity Available, Cable Available
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeIncome Property
      • InteriorOpen Floorplan
      • Property TypeMulti-Family
      • Utility SourceCity Water
      • Lot DescriptionGutters
      • MLS #9553916
      • Cost1049000
      • MLS #9553916
      • SubdivisionBarnum
      • Elementary SchoolNewlon
      • Middle SchoolKepner
      • CountyDenver
      • Acres0.22
      • Square Feet2900
      • Year Built1954
      • High SchoolWest
      • Parking Spaces16
      • Bedrooms8

Location

Blake MillerReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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