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6345 Martin Luther King Boulevard

Denver, CO 80207
  • $1,995,000
  • STATUS: Active
  • ON SITE: 371 Days
  • ID#: 2349138
UPDATED: 18 min ago
$1,995,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,758
    SQFT
  • $295
    $/SQFT
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Offered by Vip Real Estate Co.

Description

BACK ON MARKET!! (Buyer Loan Fell) Major Renovation completed Dec 2018! 6.1 CAP with basic expenses uniform to any owner (tax, insurance, utilities)! With Seller's full 2020 expenses (incl management fees, heavy banking fees, repairs, other electives) it is a 5.5 CAP. Current Gross Rent Collection: $11,020/mo! EXCELLENT! Gutted and remodeled- All units received all new kitchens with granite counters, soft close cabs, stainless Frigidaire appliances. Bathrooms with new tile, showers, vanities, fixtures. Hardwood floors refinished & gleaming, all windows vinyl double pane, all new paint, lighting, hardware, blinds. All units are 3beds 2 baths: 2 beds & 1 full bath on 1st floor, plus 1 legal bed 1 bath plus den and laundry/storage in each newly finished basement. All appliances, W/D included! All units received new furnaces, water heaters, and A/C! New electrical service drop, individually metered for gas & electric (common water). Units are finished as if one were flipping 500k homes, not apartment grade - and performing high as a result. Fully permitted & inspected. Three units on Sec 8 - rent security! (4 units Sec 8 approved) One unit will be made available for showing, inspect others upon contract, please do not alert tenants. Unit layouts and finishes all substantially the same, photos are from post remodel, prior to occupancy. Seller to do 1031ex.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Own-Sweethome Team | HomeSmart are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.own-sweethome.com/homes/111074103
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6345 Martin Luther King Boulevard Denver, CO 80207

  • Price: $1,995,000
  • Status: Active
  • Updated: 18 min ago
  • ID#: 2349138
0
Beds
0
Baths
0
½ Baths
0.32
Acres
6,758
SQFT
$295
$/SQFT
1958
Built
County:
Denver
Area:
Denver
Property Description
BACK ON MARKET!! (Buyer Loan Fell) Major Renovation completed Dec 2018! 6.1 CAP with basic expenses uniform to any owner (tax, insurance, utilities)! With Seller's full 2020 expenses (incl management fees, heavy banking fees, repairs, other electives) it is a 5.5 CAP. Current Gross Rent Collection: $11,020/mo! EXCELLENT! Gutted and remodeled- All units received all new kitchens with granite counters, soft close cabs, stainless Frigidaire appliances. Bathrooms with new tile, showers, vanities, fixtures. Hardwood floors refinished & gleaming, all windows vinyl double pane, all new paint, lighting, hardware, blinds. All units are 3beds 2 baths: 2 beds & 1 full bath on 1st floor, plus 1 legal bed 1 bath plus den and laundry/storage in each newly finished basement. All appliances, W/D included! All units received new furnaces, water heaters, and A/C! New electrical service drop, individually metered for gas & electric (common water). Units are finished as if one were flipping 500k homes, not apartment grade - and performing high as a result. Fully permitted & inspected. Three units on Sec 8 - rent security! (4 units Sec 8 approved) One unit will be made available for showing, inspect others upon contract, please do not alert tenants. Unit layouts and finishes all substantially the same, photos are from post remodel, prior to occupancy. Seller to do 1031ex.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Corner LotNear Public Transit Lot Size Area 0.32 Lot Size Square Feet 14100 Parking Total 4 Road Frontage Type Public Road Road Surface Type Paved Roof Composition

Property Features

Construction Materials BrickBlockFrame Exclusions Tenant's Personal items And Furniture Possession Closing Property Sub Type Multi Family Sewer Public Sewer Tax Annual Amount 3943 Tax Year 2019 Water Source Public Zoning E-Su-G

Listing courtesy of Vip Real Estate Co: MLS #2349138


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Own-Sweethome Team | HomeSmart are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Own-Sweethome Team | HomeSmart
10800 E Bethany Dr. #100
Aurora CO, 80013
Offered by Vip Real Estate Co.