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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6997256
Sold Date 10/01/24
Style A-Frame
HOA Y/N No
Originating Board recolorado
Year Built 1942
Annual Tax Amount $4,571
Tax Year 2022
Lot Size 0.270 Acres
Acres 0.27
Property Description
4851 W 11th Ave, Denver, CO is a 6-unit multi-family property offering a lucrative investment opportunity in the rapidly developing area of Villa Park. Two buildings of 3 units each provide four 2 BR's and two 1 BR's featuring renovations with more value-add opportunity to increase rent. Situated adjacent to Dry Gulch, the property provides residents with access to a scenic walking and biking path, as well as the convenience of the nearby light rail. The 10th & Sheridan light rail station is just a 5-minute walk away, connecting the area to downtown Denver and other key locations. Additionally, the property's proximity to Sloans Lake and its less than 10-minute drive to downtown further enhance its appeal. With the ongoing development in the area, including the FasTracks Sheridan light rail station and surrounding transit-oriented projects, this property is poised to benefit from increased demand and appreciation. Don't miss this opportunity to invest in a well-located multi-family property with significant potential for growth and value.
Location
State CO
County Denver
Zoning U-RH-3A
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Lot Description Near Public Transit
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Toprock Real Estate LLC
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Ramona Williams
Broker Associate | License ID: 040045489
Broker Associate License ID: 040045489