1055 Raleigh Street

1055 Raleigh Street Denver CO

$480,000

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%. Schedule a Private Showing

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

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1055 Raleigh Street

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Property details for 1055 Raleigh Street

Last updated Mar 24, 2017 10:41 PM
Last changed 24 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: Under Contract

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

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What it's like to live at 1055 Raleigh Street

Transit

Provided by local transit authorities.

  •   N/A
  •   N/A

WalkScore™

Provided by WalkScore™ Inc.

40

Car-Dependent

Soundscore™

Provided by HowLoud

79

Active

Busy Active Calm

Sale history for 1055 Raleigh Street

Date Event Price % Change
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

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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


The details on 1055 Raleigh Street: This multifamily located in West Denver, Denver, CO 80204 is currently pending sale for $480,000. 1055 Raleigh Street is a 3,536 square foot multifamily with 8 beds and – baths that has been on Estately for 4 days. 1055 Raleigh Street is in the West Denver neighborhood of Denver and has a WalkScore™ of 40, making it car-dependent. This multifamily is in the attendance area of Cowell Elementary School, Strive Prep Lake, Lake International School, and North High School.

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

Copyright © 2017 Estately, Inc. Data displayed here has not been verified by Estately.



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