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3848 South Lowell Boulevard, Denver, Colorado

$640,0008 Beds4 BathsActive

Property Details

3848 South Lowell Boulevard, Denver, Colorado 80236 - Lots of Potential! Fourplex investment opportunity in Denver consisting of four 2 bedroom, 1 bathroom units with a washer and dryer in each unit. Great cap rate of 8%! Potential to create a 9.5 Cap Rate! Great cash flow. Beautiful Mountain Views! All units are partially remodeled with many updates which include newer kitchen cabinets, laminate hardwood flooring, newer carpet, new tile, new water heaters and new furnaces! Rents will be $1300 per unit. Complete the remodel and rent each unit for up to $1500/month! This property is located just down the street from Mullen High School, steps away from Sheridan Community Park and direct access to US Highway 285. Investor Special. Value-add opportunity. Sweat Equity! Here's your chance!

Amenities

  • Zip80236
  • Countyarapahoe
  • SQFT3356
  • Bedrooms8
  • Full baths4.00
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeApartment 4-8 unit
  • School districtSheridan 2
  • Elementary schoolSheridan
  • Junior highSheridan
  • High schoolSheridan
  • Year built1974
  • Lot size0.15
  • HeatingFORCED AIR
  • CoolingNone
  • Parking4
  • Tax amount$3,905.00
  • Tax year2016
  • Office IDWURR1
  • Agent ID38971N
  • Agent nameMichelle Thomas
  • MLS® ID7726779

Broker: NXT LEVEL Properties, LLC

Listing Courtesy of NXT LEVEL Properties, LLC

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“Bob Maiocco exceeded our expectations on every level. Not only does Bob have a very solid knowledge of the real estate market, his negotiating skills are second to none. Bob has a calm and even demeanor when dealing with sometimes stressful situations that can arise when buying or selling real estate. We could not have asked for a more strategic partner to help us navigate the process of making our largest financial purchase.”

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