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1430 Spruce ST #1434 Denver, CO 80220
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Key Details
Sold Price $611,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,324 sqft
Price per Sqft $183
Subdivision Montview
MLS Listing ID 2358258
Sold Date 02/03/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,656
Year Built 1948
Annual Tax Amount $1,841
Tax Year 2021
Lot Size 6,100 Sqft
Acres 0.14
Property Sub-Type Multi-Family
Source recolorado
Property Description
Rare opportunity to find a FULL brick duplex. THE SELLER IS OPEN TO PROVIDING A CREDIT TO THE BUYER, SO THE BUYER CAN BUY DOWN THEIR INTEREST RATE; PLEASE CALL SELLER AGENT FOR OPTIONS. BOTH sides for the price one of one! This property is a true duplex; they both have separate entrances and could be a perfect rental. Public records sq ft is incorrect. Both units have full basements, and the total sq ft is over 3300!! The basements are unfinished but could be converted very easily and add another two beds and one bath in each unit, changing it into a four-bed two-bath on EACH side. Once that is done, the rent would be so much more. Please do your research, but we feel these could rent for $2400-$2700 for each unit, or more, which would be good income in this market for something like this. Again please do your research when checking market rents, these units have NEVER been rented, so the seller does not have a rent roll or any history of rents. Also, there is no parking currently, but there is an alley, so we think you can add more parking with a garage or make more parking spaces off the alley. There is SO much potential with this deal!! Buy the property as a rental or live in one side and rent the other. Come get this rare deal!
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Full
Main Level Bedrooms 4
Interior
Heating Forced Air
Cooling None
Flooring Concrete, Wood
Fireplace N
Appliance Dryer, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Montclair
Middle Schools Hill
High Schools George Washington
School District Denver 1
Others
Senior Community No
Ownership Estate
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Erwin