Eileen Turner - Coldwell Banker Distinctive Properties
1167 S Raritan Street
Denver, CO 80223

$1,200,000

Description

Great investment opportunity in desirable Ruby Hill neighborhood!! All units are currently tenant occupied with one lease ending at the end of October. Dependable tenants, great rental history, low maintenance, 3 full updated units, security cameras in place, close to Downtown with easy access to I-25, and solid construction. You will get a great return on investment with over $65,000 a year, 5% cap rate, $1,400 rent rate, and 8-12% ROI with jumbo financing.

Details

MLS#8259291
StyleIndustrial
Sub-TypeResale
StatusActive
Year1955
Days On Site29

Features

SQ Feet3,404
Story(s)1
Units4
ZoningE-MU-2.5

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80223
AreaDenver
Listing VS Median (in 80223)
Price:
$1,200,000
low | high
Med:
$427,450
100% of Average
SqFt:
3,404
low | high
Med:
940
100% of Average
$ / SqFt:
$353
low | high
Med:
$456
20.733730353207% of Average
On Site:
29
low | high
Med:
18
100% of Average
Listing Updated: 10/17/2018
MLS Number: 8259291
Listing Provided By:
Jeff Moore  of  eXp Realty LLC
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