2020 S Fox St
Denver, CO 80223
- 6 beds
- 4 baths
- 3,200 sqft
- 9,370 sqft lot
- $240 per sqft
- 1961 build
- – on site
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Triplex. Unique opportunity to live in one unit and let tenants pay your mortgage or rent out all three units for a great cash-flowing property. This unique house features a 3 bed/2 bath unit in the back, a 2 bed / 1 bath unit in the front, a 1 bed/ 1 bath unit in the basement, and 3 garage spaces (1 currently leased with the 3/2, and the other 2 spaces available to lease up for additional income). This property is being sold at a 6.19% cap rate based off the actual T12 financials with the ability to add value by leasing out the additional garage space and increasing rent and RUBS. The basement and the 3/2 are both on MTM leases, and the 2/1's lease is up at the end of August, giving an investor great flexibility with how to use or improve the space. All units are tenant occupied and require a minimum of 24 hour notice prior to any showings. Tenants work from home and request walk throughs happen after 5pm or on Saturdays to avoid workday interruptions. Seller is a Colorado Licensed Broker.
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Last updated Jan 23, 2024
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MLS# 4432756 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/29/21
Jul 29, 2021
|
Sold | IRES | $770,000 |