3848 South Lowell Boulevard, Denver, CO 80236

  • 8 BedBeds
  • 0 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • 3,356 Sqft
  • Commercial
  • Sold
  • MLS# 5862223
  • mls board disclosure NXT LEVEL Properties, LLC
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$650,000

  • Price Reduced

Property Description3848 South Lowell Boulevard, Denver, CO 80236


Lots of Potential! Fourplex investment opportunity in Denver consisting of four 2 bedroom, 1 bathroom units with a washer and dryer in each unit. Great cap rate of 8%! Potential to create a 9.5 Cap Rate! Great cash flow. Beautiful Mountain Views! All units are partially remodeled with many updates which include newer kitchen cabinets, laminate hardwood flooring, newer carpet, new tile, new water heaters and new furnaces! Rents will be $1300 per unit. Complete the remodel and rent each unit for up to $1500/month! This property is located just down the street from Mullen High School, steps away from Sheridan Community Park and direct access to US Highway 285. Investor Special. Value-add opportunity. Sweat Equity! Here's your chance!

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Property Details3848 South Lowell Boulevard, Denver, CO 80236

Listing courtesy of: NXT LEVEL Properties, LLC

General Features

Style  Multi-Level
Year Built  1974
Beds  8
Finished Sq. Ft.  3356
Lot Size  0.1500

Interior Features

Square Footage Above approx  3356
Heating  Forced Air
Flooring  Carpet, Laminate, Tile Floor
Cooling Description  None

Exterior / Lot Features

Exterior  Fence
ZONING  Apartment 4-8 unit

Schools

School District  Sheridan 2
Elementary  Sheridan
Middle  Sheridan
High  Sheridan

Financial Considerations

Tax Amount  $390500
Tax Year  3905

Directions

From Sante Fe and Hamden - Head West on Hampden Ave - Bear left onto S Lowell Blvd

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Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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mls board disclosure

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. [more]

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