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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,912 sqft
Price per Sqft $288
Subdivision Rose Hill
MLS Listing ID 5420117
Sold Date 03/26/24
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,912
Originating Board recolorado
Year Built 1962
Annual Tax Amount $4,433
Tax Year 2022
Property Description
Welcome to Commerce City, Colorado's Rose Hill Subdivision, where an exceptional opportunity awaits you! Presenting a remarkable 4-plex property that combines the comfort of residential living with the opportunity to earn income. Currently, 100% occupied all leases are month-to-month except for one unit lease at 1300 Per Month which renews in January. While the property has undergone some updates, there is still great potential for sweat equity and future investment, making it an enticing opportunity for those looking to maximize their return on investment. Each unit offers 2 bedrooms, and 1 bathroom with a parking lot for 8 cars. Units have a shared backyard that is fully fenced. This area is rapidly growing with lots of new construction being built around it. All units (except one) have newer furnaces and water heaters and the home has a 5-year Roof Certification.
Location
State CO
County Adams
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Wood
Fireplace N
Appliance Disposal, Range, Refrigerator
Laundry None
Exterior
Fence Full
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Split Entry (Bi-Level)
Structure Type Brick,Frame
Schools
Elementary Schools Central
Middle Schools Kearney
High Schools Adams City
School District Adams 14
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183