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$ 1,775,000
Est. payment | /mo
$ 1,775,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5455218
HOA Y/N No
Originating Board recolorado
Year Built 1948
Annual Tax Amount $4,265
Tax Year 2023
Property Sub-Type Multi-Family
Property Description
Discover a unique investment opportunity in the heart of Englewood, CO—a meticulously maintained, cash flow positive 6-unit apartment building with no current vacancies. Each unit is a modern 1-bedroom, 1-bathroom home that has been recently renovated to offer a comfortable, turnkey living experience.
This property features:
- Modern Interiors - Each apartment boasts hardwood floors, a full kitchen, and its own A/C unit, blending the best of one-bedroom and studio styles for a bright and efficient layout.
- Inclusive Amenities: Rent currently covers heat, water, and hot water, ensuring a hassle-free experience for tenants.
- Convenient Parking: Each unit benefits from an open parking spot in a reserved lot behind the building.
- Onsite Facilities: Enjoy the convenience of coin laundry (soon transitioning to card-operated) along with a welcoming courtyard and pet-friendly lawn.
- Enhanced Security & Technology: Equipped with smart locks and soon-to-be-installed technology-enabled access control, the building allows residents to grant entry to friends and deliveries without leaving their apartment.
This building is in a prime location!
- Proximity to Essentials: Just a mile from Swedish Medical Center and less than a mile from the light rail station, residents have quick access to downtown dining, concerts, and sporting events.
- Walkable Community: Grocery stores, restaurants, and a vibrant selection of breweries along Broadway street are all within walking distance.
Benefit from peace of mind with a new roof and sewer line, enhancing the property's long-term value and operational efficiency.
Whether you're an investor seeking a stable, income-generating asset or a visionary looking to continue a legacy of quality rental living, the Bannock St. Apartments offer modern amenities in an unbeatable location. Don't miss this chance to own a property that combines contemporary comfort, robust cash flow, and exceptional convenience in Englewood.
This property features:
- Modern Interiors - Each apartment boasts hardwood floors, a full kitchen, and its own A/C unit, blending the best of one-bedroom and studio styles for a bright and efficient layout.
- Inclusive Amenities: Rent currently covers heat, water, and hot water, ensuring a hassle-free experience for tenants.
- Convenient Parking: Each unit benefits from an open parking spot in a reserved lot behind the building.
- Onsite Facilities: Enjoy the convenience of coin laundry (soon transitioning to card-operated) along with a welcoming courtyard and pet-friendly lawn.
- Enhanced Security & Technology: Equipped with smart locks and soon-to-be-installed technology-enabled access control, the building allows residents to grant entry to friends and deliveries without leaving their apartment.
This building is in a prime location!
- Proximity to Essentials: Just a mile from Swedish Medical Center and less than a mile from the light rail station, residents have quick access to downtown dining, concerts, and sporting events.
- Walkable Community: Grocery stores, restaurants, and a vibrant selection of breweries along Broadway street are all within walking distance.
Benefit from peace of mind with a new roof and sewer line, enhancing the property's long-term value and operational efficiency.
Whether you're an investor seeking a stable, income-generating asset or a visionary looking to continue a legacy of quality rental living, the Bannock St. Apartments offer modern amenities in an unbeatable location. Don't miss this chance to own a property that combines contemporary comfort, robust cash flow, and exceptional convenience in Englewood.
Location
State CO
County Arapahoe
Zoning R-4
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Electricity Connected
Total Parking Spaces 7
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by LIV Sotheby's International Realty • kfredrick@livsothebysrealty.com,720-628-2735
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Cindy Dassinger
REALTOR® | Lic# 019034