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4925 W Mississippi Ave, Denver, CO 80219

$650,000
: 6
BD
: 3
BA
: 2,911
SqFt

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Sold Price: $650,000
List Price: $675,000
Closing Date: Jul 31, 2024
Type: Multifamily
Property Sub Type: Triplex
Status: CLOSED
MLS Number: 3001567
Bedrooms: 6
Bathrooms: 3
Sqft Total: 2,911
Year Built: 1961

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Property Description

Welcome to 4925 W Mississippi Ave in Denver, CO, a fantastic investment opportunity or perfect multi-family home! This Triplex features three well-maintained units, each offering 2 spacious bedrooms and 1 bath. One of the units even boasts a versatile 3rd non-conforming bedroom, ideal for an office space. Tenants will appreciate the convenience of a common laundry area located at the back corner of the property. With 7 parking spaces available, parking will never be an issue. This property is a gem for investors looking to expand their portfolio or for someone seeking a home where they can live and collect rental income from the other units. All units are currently rented on a month-to-month basis and are under market rent, providing excellent potential for increased revenue. The property also features a large private yard, perfect for outdoor activities and relaxation. Location is key, and this Triplex does not disappoint. Situated close to shopping and public transit, it is just a 10-minute drive from Downtown Denver, making commuting and daily errands a breeze. The exterior of the home has been freshly painted, and some units have received updates and new paint, ensuring a fresh and appealing look. Please note that showings will only be available once we are under contract. Kindly respect the privacy of the tenants and do not disturb them. Don’t miss out on this excellent opportunity!

(303) 522-8226

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Additional Information

Lot Size Acres: 0.18
Lot Size Sq Ft: 8,040
Tax Amount: $3,345
Exterior Features: Private Yard
Water Source: Public
Sewer: Public Sewer
Heating: Baseboard, Hot Water, Steam
Cooling: Room, None, Other
School District: Denver 1
Elementary School: Force
Middle Or Junior School: West Denver Prep
High School: John F. Kennedy