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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,911 sqft
Price per Sqft $223
Subdivision Kentucky Gardens
MLS Listing ID 3001567
Sold Date 07/31/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,911
Originating Board recolorado
Year Built 1961
Annual Tax Amount $3,345
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
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!
Location
State CO
County Denver
Zoning E-SU-G
Interior
Interior Features Ceiling Fan(s), Eat-in Kitchen, No Stairs, Tile Counters
Heating Baseboard, Hot Water, Steam
Cooling Air Conditioning-Room, None, Other
Flooring Carpet, Tile
Fireplace Y
Appliance Dryer, Oven, Refrigerator, Washer
Laundry Common Area
Exterior
Exterior Feature Private Yard
Fence Full
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Roof Type Other,Rolled/Hot Mop
Total Parking Spaces 7
Garage No
Building
Lot Description Level, Near Public Transit
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Schools
Elementary Schools Force
Middle Schools West Denver Prep
High Schools John F. Kennedy
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Paisano Realty, Inc.
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Diana Nelson
Team Leader | License ID: FA100065608
Team Leader License ID: FA100065608