$725,000
$725,000
For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
2,400 SqFt
SOLD DATE : 02/11/2022
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $302
Subdivision Lyn Acres No 1
MLS Listing ID 8947344
Sold Date 02/11/22
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,400
Originating Board recolorado
Year Built 1971
Annual Tax Amount $3,279
Tax Year 2020
Acres 0.25
Property Description
Really nice updated Ranch Style "L" shaped Tri Plex with Full Basements (tenants love the full basements for laundry and storage) on a nicely treed, landscaped lot with split rail fencing and front and back sprinklers. Nicely landscaped with mature trees, green lawn front and back and split rail fencing. Off street parking. Shared drive with another L shaped building to the south. Washer and dryer HOOK UPS ONLY in each unit (basement). All units recently remodeled with new tile, carpeting, cabinets, back splash, counter top (53 has granite counter top), refrigerators, stoves, dishwashers, garbage disposals, bathroom vanity, tub, toilet, lighting, new paint, vinyl plank flooring, vertical blinds, new 6 panel doors, new exterior steel doors Includes evaporative coolers in each unit. All furnaces are within 9 years old. Roof is 5 years old. All floor plans are the same layout, 800 SF ground level 2 bedroom 1 bath with 800 SF unfinished basement below, with 51 (middle unit) floor plan being reversed. One Unit, 53 is currently vacant and has extra brand new carpeting and doors. Unit 49 and 51 have newly signed 1 year leases @ $1310 and $1350 per month. Rent on 53 could easily be $1350. These units are always rented!! We intentionally left 53 vacant for easy showing. Basements could be finished to add an extra bedroom, bath and rec room and raise rents considerably!! Please use 1031 language in offer: "Buyer hereby acknowledges that it is the intent of the Seller to effect an IRS Section 1031 tax-deferred exchange which will not delay the closing or cause additional expenses to the Buyer. The Seller's rights under this agreement may be assigned to a Qualified Intermediary, named by the Seller, for the purpose of completing such an exchange. Buyer agrees to cooperate with the Seller and the QI to complete the exchange"
Location
State CO
County Arapahoe
Zoning Multi Fam
Rooms
Basement Full, Unfinished
Interior
Interior Features Granite Counters, Smoke Free
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Tile, Vinyl
Fireplace N
Appliance Dishwasher, Disposal, Gas Water Heater, Oven, Range, Range Hood, Refrigerator
Laundry In Basement, In Unit
Exterior
Garage Concrete
Fence Partial
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Lot Description Landscaped, Many Trees, Sprinklers In Front, Sprinklers In Rear
Foundation Structural
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick, Frame
Schools
Elementary Schools Lansing
Middle Schools South
High Schools Aurora Central
School District Adams-Arapahoe 28J
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with The Gala Realty Group Llc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "