50 Osceola St
Denver, CO 80219
- 8 beds
- 4 baths
- 2,900 sqft
- 9,583 sqft lot
- $394 per sqft
- 1954 build
- – on site
This is a legit four-plex just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Here is your opportunity to buy a multifamily property(generating a 7.27% cap rate); live in one unit and rent out the others so your tenants pay your mortgage while you build equity! Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (4 spaces/unit). BONUS: This listing is in a LMIT area (Low to Moderate Income census Tract) as well as being in a Huntington assessment area. Therefore, closing costs are limited to $500.00! This includes processing fees, appraisal fees, survey and recording fees. The entire complex has been redone with new everything.. over $200k of upgrades inside and out! Outside; newer sewer line and new fencing with storage for each unit. Newer roof and new exterior paint and doors. Gas meters and electric are separated for each unit. Inside; all units have open floor plans with new luxury vinyl-wood flooring, new kitchens with gray shaker cabinets with soft closing draws and pulls, granite countertops, subway tile backsplash and new stainless steel appliances. The bathrooms are all new with fixtures and lighting. 2 units have new windows and other 2 newer windows. The furnaces are 3 years old and new water heaters. All new electrical and plumbing, plus trim, doors, and paint. Each unit has stackable W&D. All Units pay $1850 a month rent per month. There is no smoking or pets allowed. Gas and electrical are paid by tenants. Tenants have 2-year leases starting between December 2023 and February 2024. All units are currently occupied but Owner Occupancy Is Available with a 1 month notice. This investment property offers it all - too good to pass up!
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Last updated May 20, 2024
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MLS# 1995407 —
This property is listed in more than one place. See it here.
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/13/24
Apr 13, 2024
|
Price Changed | IRES | $1,145,000 | -2.6% |
|
3/11/24
Mar 11, 2024
|
Price Changed | IRES | $1,175,000 | -2.0% |
|
2/26/24
Feb 26, 2024
|
Listed / Active | IRES | $1,199,000 |