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2356 S Linden, Denver, CO 80222

$935,000
: 8
BD
: 4
BA
: 3,256
SqFt

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Sold Price: $935,000
List Price: $935,000
Closing Date: Feb 22, 2024
Type: Multifamily
Property Sub Type: Quadruplex
Status: CLOSED
MLS Number: 3013950
Bedrooms: 8
Bathrooms: 4
Sqft Total: 3,256
Year Built: 1968

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Property Description

****SELLER HAS INCREASED THE SALES PRICE DUE TO UPGRADING ELECTRICAL SERVICE (INTERIOR & EXTERIOR PANELS) AND ALL TO CODE!! Four-Plex Apartment Building FOR SALE near Monaco & Evans - SELLER FINANCING AVAILABLE – 6 Off-Street Parking Spaces – Southeast Denver Location This 4-Unit apartment property is an ideal opportunity for a first-time Investor. This investment provides a perfect situation for an investor to live in one unit and enjoy the cash flow from the remaining three units. Located in a well-established neighborhood. ***SELLER FINANCING AVAILABLE FOR SALE PRICE: $905,000.00 ($226,000 per unit) with possible owner-carry terms. 1st loan is assumable in the approximate amount of $188,000 at 4.25% interest fixed until 5/5/25; seller would also carry a 2nd loan at 5.0% only for 3-5 years. Building Highlights: - Four (4) total units; 814 SF per Unit - Zoning R2-A - Brick Construction - Built in 1968 - Separately Metered Electric Paid by Tenants - Heat, Sewer/Water, Etc. Paid by Tenants as a Reimbursement - Hot Water Baseboard Heat - Front and Back Entries to Each Unit - Washer/Dryer Hook-ups in each Unit - Southeast Location (Near Monaco & Evans) - 6-Off Street Parking Spaces

(303) 522-8226

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Additional Information

Lot Size Acres: 0.16
Lot Size Sq Ft: 6,949
Tax Amount: $4,031
Sewer: Public Sewer
Heating: Baseboard
Cooling: None
School District: Denver 1
Elementary School: Bradley
Middle Or Junior School: Hamilton
High School: Thomas Jefferson