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$1,140,000 Active

21 East 3rd Avenue
Denver, CO 80203

7 beds | Income
2,461 sq ft; lot: 2614 sq ft lot - MLS# 5191586
Property Photo
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Description

Rare side by side duplex with three rentable units (one side has two) in excellent location between Broadway and Lincoln in the heart of S.Broadway/Baker area. Zoning G-MU-5 One side of duplex is a 3BR/1BA. Other contains 2 1BR/1BA apt Rents are under market - huge upside potential 21 E 3rd Apt 1: 1 BR/1BA, main level + basement, washer/dryer in unit, no parking, new furnace, 1024 sq ft, current rent $1150/mo. Exp 1/31/20 21 E 3rd Apt 2: 1BR/1BA, second level, no parking, new furnace, 540 sq ft, current rent $1200/mo Exp 7/31/20 25 E 3rd 3BR/1BA, two levels + basement w/ one non-conforming room, washer/dryer in unit, two off-street parking spots, fenced back yard, current rent $2300/mo Exp1/31/20 All units have new light fixtures, wood floors recently refinished. New roof in 2014. Sprinklers. Gas meters separate for all units. Water and electric meters separate for 21 & 25 E 3rd (but shared between 21 E 3rd Apt 1&2). Seller pays water and electric for Apt 1&2

Features

  • # of Parking Spaces: 2
  • Additional Information: Agent Owner
  • Annual Expense Actual: 4300
  • Annual Expense Proj: 4300
  • Annual Income Actual: 54900
  • Annual Income Proj: 64800
  • Annual Net Income Actual: 50600
  • Annual Net Income Proj: 60500
  • Architectural Style: Denver Square
  • Basement: Full, Standard
  • Basement Finished YN: Y
  • Bedrooms: 7
  • Building Area Source: Listor Measured
  • Building Type: Triplex (All Units)
  • Construction Materials: Brick
  • Construction Methods: Brick
  • Cooling: Air Conditioning-Individual, Attic Fan
  • County/Area: Denver County
  • Electric Expense: 1489
  • Elementary School: Dora Moore
  • Exterior Features: Fence, Front Porch, Garden Area, Sprinkler System
  • Heating: Forced Air
  • Heating Fuel: Electric, Gas
  • High School: South
  • Insurance Expense: 2168
  • Laundry Availability: Washer/Dryer Included
  • Listing Status: Active
  • Lot Size: 0.0600
  • Lot Size Sq Ft: 2667.00
  • Middle School: Grant
  • Owner Paid Utilities: Electricity, Water
  • Parking Count: 1
  • Parking Spaces: 2
  • Personal Property Annual Expense: 3510
  • Potential Rental Income Annual: 64800
  • Property Type: Income
  • Rentals Allowed: Long Term, Short Term
  • Roofing: Architectural Shingles
  • School District: Denver 1
  • Seller Type: Corporation/Trust
  • Sq Ft Above: 1925
  • Sq Ft Basement: 1064
  • Sq Ft Finished: 2461
  • Sq.Ft.: 2461
  • Sqft Total: 2990
  • Stories: Multi-Level
  • Structural Style: Multi-Level
  • Style: Denver Square, Multi-Level, Side-by-Side
  • Style Characteristics: Side-By-Side
  • Sub Type: Income
  • Subdivision: Baker
  • Subdivision/Neighborhood: Baker
  • Tax Amount: 3510.00
  • Tax Year: 2018
  • Total Offstreet Spaces: 2
  • Unit Access: Exterior Access
  • Unit Count: 3
  • Utility Billingto Tenants: Direct Billing From Utility, Included In Rent
  • Utility Metering: Separate Electric, Separate Gas, Separate Water
  • Water Annual Expense: 1106
  • Year Built: 1893
  • Zip Code: 80203
  • Zoning: G-MU-5

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Green Door Living | DRE #: er40039711 | 4454 Tennyson St., Denver, CO 80212

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