4101 Martin Luther King Boulevard

    Denver, CO 80207
    • $1,550,000
    • STATUS: Under Contract
    • ON SITE: 49 days
    • ID#: 8451361
    Under Contract
    UPDATED: 1 min ago
    $1,550,000
    • 11
      BEDS
    • 0.43
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 6,176
      SQFT
    • $251
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Nexus Commercial Realty Llc.

    Description

    -6+ cap rate on a property with new mechanics, all renovated units and located in a great location.-Great unit mix of 4 two beds and 3 one beds.-Off-street parking, large fenced backyard, on-site laundry included for tenants.-New furnaces, new sewer line, new windows, newer roof, upgraded electrical, exterior upgrades and more.-Located in desirable Park Hill neighborhood.-Half a mile from City Park and the Denver Zoo.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Group 46:10 - Denver are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    denver.group4610network.com/homes/89767823

    4101 Martin Luther King Boulevard Denver, CO 80207

    • Price: $1,550,000
    • Status: Under Contract
    • Updated: 1 min ago
    • ID#: 8451361
    11
    Beds
    7
    Baths
    0
    ½ Baths
    0.43
    Acres
    6,176
    SQFT
    $251
    $/SQFT
    1941
    Built
    Neighborhood:
    Park Hill
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Stedman
    Middle School:
    BILL ROBERTS E-8
    High School:
    East
    School District:
    Denver 1
    Property Description
    -6+ cap rate on a property with new mechanics, all renovated units and located in a great location.-Great unit mix of 4 two beds and 3 one beds.-Off-street parking, large fenced backyard, on-site laundry included for tenants.-New furnaces, new sewer line, new windows, newer roof, upgraded electrical, exterior upgrades and more.-Located in desirable Park Hill neighborhood.-Half a mile from City Park and the Denver Zoo.
    Exterior Features

    Construction Materials Brick Construction Methods Brick Parking Off-Street (7 Spaces) Parking Total Searchable 7 Roof Composition Shingles Structural Style Ranch/1 Story

    Interior Features

    Basement Size Partial Cooling None Heating Floor Furnace Heating Fuel Electric Laundry Availability Shared Laundry in Building Sq Ft Above 4976 Sq Ft Basement 1200 Sq Ft Finished 6176

    Property Features

    Accepting Backup Offers YN No Annual Expense Actual 27750 Annual Expense Proj 28583 Annual Income Actual 126102 Annual Income Proj 129885 Annual Net Income Actual 98352 Annual Net Income Proj 101302 Building Type 5+ Plex (All Units) Capitalization Rate 6.24 Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventional Seller Type Individual Status Conditions None Known Tax Amount 3692.00 Tax Year 2017 Transaction Type For Sale Unit Count 0 Zoning E-Su-Dx

    Listing courtesy of Nexus Commercial Realty Llc: MLS #8451361


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Group 46:10 - Denver are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Group 46:10 - Denver
    50 S Steele St. Ste. 700
    Denver CO, 80209
    Offered by Nexus Commercial Realty Llc.