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1055 Raleigh Street

1055 Raleigh Street Denver CO

Sold for $522,000

See all homes in West Denver, Denver 

This property sold for $522,000 5 months ago.

Multifamily Sold on 4/24/2017

$522,000

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1055 Raleigh Street Denver, CO 80204 — West Villa Park, Denver County

  • 8 beds

  • baths

  • 3,536 sqft

  • 6,246 sqft lot
  • $147 per sqft
  • 1972 build
  • on site

Fully occupied, profitable, turnkey duplex comprised of 1055 and 1057 Raleigh Street. Both units have identical layouts, consisting of 1,768 square feet on two levels. Upper levels contain a living room, kitchen, 2 bedrooms & 2 bathrooms; lower levels (garden levels) contain a large family room, laundry room, 2 bedrooms & 2 bathrooms. That's 8 bedrooms & 4 bathrooms total. New carpet & paint in one unit. Off-street parking for four cars. Fenced yard. Sides to Dry Gulch Park & Lakewood Greenbelt system and trails. Great views of downtown Denver. Easy walking distance to Perry light rail station & bus stop. Roof is 7 years old. Furnaces 2 1/2 years old. Water heaters 5 years old. Both units currently rented to long term tenants at $1,850 and $1,410 and prefer to stay. Annual expenses around $6,000 including trash, sewer, taxes, insurance and the usual minor repairs. Combined $3,260 monthly income rental with room for increase. Current cap rate is 9.6%.

Listing Courtesy of: RECOLORADO and Brokers Guild Classic. Data displayed here has not been verified by Estately. Disclaimers

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Property details for 1055 Raleigh Street

Last refreshed 5 minutes ago

The Building

Year Built:
1972
Structural Style:
Multi-Level
Style Characteristics:
Side-by-Side
Building Type:
Duplex (all units)
Sqft Total:
3,536 Sqft
SqFt Finished:
3,536 Sqft
SqFt Above:
1,768 Sqft
SqFt Basement:
1,768 Sqft
Roof:
Composition Shingles
Basement Type:
Garden Level
Finished Basement:
Yes
Basement Size:
Full
Construction Materials:
Brick
Construction Methods:
Brick
Green Energy Features Addendum:
No
Number Of Units Total:
2

Interior

Interior Features:
Window Coverings
Flooring:
Carpet, Vinyl/Linoleum
Kitchen Appliances:
Disposal, Kitchen Refrigerator, Smoke Alarm, Atove/Eange/Oven

Financial & Terms

Contingent Approval Conditions:
None Known
Listing Financing:
Cash, Conventional
Seller Type:
Individual

Location

Neighborhood:
West Villa Park
Distance To Bus:
1.00
Distance To Light Rail:
3.00
Site Features:
Adjacent to Greenbelt, Adjacent to Park, Corner Lot, Cul-de-Sac, Near Public Transit

The Property

View:
City View
Lot Size Acres:
0.14
Lot Size SqFt:
6246.00
Exterior Features:
Fence, Yard
Property Sub Type:
Income
Property Type:
Income

Taxes

Parcel Number:
5064-10-037
Taxes:
$1,496
Tax Year:
2016

Beds

Total Bedrooms:
8

Baths

Total Baths:
4

The Listing

Status:
Sold
Status Conditions:
None Known

Heating & Cooling

Cooling:
None
Heating:
Forced Air
Heating Fuel:
Electric, Gas

Appliances

Laundry:
W/D Hookups in Unit

Schools

School District:
Denver 1
Elementary School:
Cowell
Middle School:
Strive Lake
High School:
North

The Community

HOA:
No

Parking

Parking Spaces:
1
Parking Features:
Driveway-Asphalt
Spaces:
4

Listing Courtesy of: RECOLORADO and Brokers Guild Classic. Data displayed here has not been verified by Estately. Disclaimers

What it's like to live at 1055 Raleigh Street

WalkScore™

Provided by WalkScore™ Inc.

40

Car-Dependent

Soundscore™

Provided by HowLoud

79

Active

Busy Active Calm

Internet Speed

Provided by BroadbandNow®

250 Mbps

About internet speed

XFINITY from Comcast

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Sale history for 1055 Raleigh Street

Date Event Price % Change
Apr 24, 2017 Sold $522,000 8.8%
Mar 24, 2017 Pending $480,000
Mar 20, 2017 Listed / Active $480,000 39.1% (16.7% / YR)
Nov 13, 2014 Sold $345,000 -1.4%
Oct 3, 2014 Pending $350,000
Sep 19, 2014 Listed / Active $350,000

Schools near 1055 Raleigh Street

2

Cowell Elementary School

Public K-5

N/A

Strive Prep Lake

Public K-K

1

Lake International School

Public 6-8

4

North High School

Public 9-12

2

Cowell Elementary School

Public K-5

N/A

Strive Prep Lake

Public K-K

3

Colfax Elementary School

Public K-5

4

Eagleton Elementary School

Public K-5

3

Cheltenham Elementary School

Public K-5

1

Lake International School

Public 6-8

4

North High School

Public 9-12

N/A

Yeshiva Toras Chaim High School

Private 9-12

N/A

Yashiva Toras Chaim School

Private 9-12

N/A

Beth Jacob High School

Private 9-12

N/A

Yeshiva Toras Chaim High School

Private 9-12

N/A

Yashiva Toras Chaim School

Private 9-12

N/A

Beth Jacob High School

Private 9-12

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org