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4483 Lowell Blvd

Denver, CO 80211
  • $899,950
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 1022336
UPDATED: 18 min ago
$899,950
  • 3
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,054
    SQFT
  • $438
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Classic single-story brick triplex in Denver's desirable Berkeley neighborhood, situated on a spacious, flat lot with a detached three-car garage. Located near shopping outlets, Regis University, Rocky Mountain Lake Park, Berkeley Lake Park, and a vibrant array of dining options along Tennyson Street, with easy commuting access via I-70 and Federal Blvd. This property is a prime investment opportunity, offering multiple avenues to maximize returns: enhance rental income through rehab, reimagine and expand the existing structure for increased future value, or pursue redevelopment for significant growth potential. All three units are ready for immediate leasing. Each features major kitchen appliances, front and rear door access, forced air heating, central air-conditioning, and dedicated off-street parking. The detached three-car garage, currently leased, offers additional income potential. Tenants will benefit from a shared communal laundry area with extra storage. Explore endless possibilities to maximize this investment opportunity in one of Denver's most vibrant neighborhoods.

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© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-12-04T19:41:01.303.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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4483 Lowell Blvd Denver, CO 80211

  • Price: $899,950
  • Status: Active
  • On Site: 18 Days
  • Updated: 18 min ago
  • MLS #: 1022336
3
Beds
3
Baths
0
½ Baths
0.22
Acres
2,054
SQFT
$438
$/SQFT
1949
Built
Neighborhood:
Berkeley
County:
Denver
Area:
12 Denver Metro area
Elementary School:
Centennial
Middle School:
Skinner
High School:
North
School District:
Denver District 1
Property Description
Classic single-story brick triplex in Denver's desirable Berkeley neighborhood, situated on a spacious, flat lot with a detached three-car garage. Located near shopping outlets, Regis University, Rocky Mountain Lake Park, Berkeley Lake Park, and a vibrant array of dining options along Tennyson Street, with easy commuting access via I-70 and Federal Blvd. This property is a prime investment opportunity, offering multiple avenues to maximize returns: enhance rental income through rehab, reimagine and expand the existing structure for increased future value, or pursue redevelopment for significant growth potential. All three units are ready for immediate leasing. Each features major kitchen appliances, front and rear door access, forced air heating, central air-conditioning, and dedicated off-street parking. The detached three-car garage, currently leased, offers additional income potential. Tenants will benefit from a shared communal laundry area with extra storage. Explore endless possibilities to maximize this investment opportunity in one of Denver's most vibrant neighborhoods.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameBrick/Brick Veneer Horse YN No Levels One Lot Features Level Other Structures Outbuildings Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level Lot Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowaveDisposal Basement None Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Est Sq Ft 685 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Est Sq Ft 685 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 685 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 4.83 Ditches Active YN No Electric Electric Exclusions Detached Storage shed in backyard Gross Income 48480 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Denver Net Operating Income 43443 New Construction YN No Number Of1 Bedroom Units 3 Operating Expense 5037 Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Other Owner Tax Annual Amount 5037 Tax Year 2023 Tenant Pays DepositGasElectricitySewerTaxesInsuranceInterior MaintenanceTrash Collection Unit1 Rent 1300 Unit2 Rent 1300 Unit3 Rent 1300 Utilities Electricity AvailableCable Available Water Source City WaterCity Zoning U-SU-C1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Les Pfenning of LIV Sotheby's Intl Realty: 3034436161.



© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-12-04T19:41:01.303.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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