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    1410 Xanthia Street , #1412

    Denver, CO 80220
    • $450,000
    • STATUS: Pending
    • ON SITE: 15 days
    • MLS #: 8895896
    Under Contract
    UPDATED: 35 min ago
    $450,000
    • 4
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,043
      SQFT
    • $220
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Keller Williams Realty Success.

    Description

    Rare two unit with each unit having two stories. Ideal floor plan with two bedrooms, a bathroom and a balcony on the top floor. Living room, kitchen, eating space, laundry, half bathroom and a covered patio on the man floor of each unit. Each unit has a fully fenced chain link yard. Each unit has a covered patio and balcony each with storage closest for a total of two storage closets per unit. The roof is approximately five years old and the exterior paint is approximately three years old. The rear unit will be vacant as of 12/7/20 and will be a great opportunity to increase the rent from the $1,250 per month it had been to $1,500 per month. The front unit is on a month to month lease. The owner pays $100 a month for the water bill and bills back any additional cost to the tenants which is typically an additional $50 to $80 per month. From May through October the owner pays to have the grass cut at a cost of $100 per month. Expenses include property tax ($2,286), insurance ($2,300), water ($1,200) and lawn service ($600). The rents can be raised to get a cap rate of 6.6. Loans and property management fees are not figured into the cap rate calculation.

    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 Kittle Real Estate 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.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.fortcollinshomesearch.com/homes/112037805
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    1410 Xanthia Street , #1412 Denver, CO 80220

    • Price: $450,000
    • Status: Pending
    • Updated: 35 min ago
    • MLS #: 8895896
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,043
    SQFT
    $220
    $/SQFT
    1985
    Built
    Neighborhood:
    East Colfax
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Place
    Middle School:
    Place
    High School:
    George Washington
    School District:
    Denver 1
    Property Description
    Rare two unit with each unit having two stories. Ideal floor plan with two bedrooms, a bathroom and a balcony on the top floor. Living room, kitchen, eating space, laundry, half bathroom and a covered patio on the man floor of each unit. Each unit has a fully fenced chain link yard. Each unit has a covered patio and balcony each with storage closest for a total of two storage closets per unit. The roof is approximately five years old and the exterior paint is approximately three years old. The rear unit will be vacant as of 12/7/20 and will be a great opportunity to increase the rent from the $1,250 per month it had been to $1,500 per month. The front unit is on a month to month lease. The owner pays $100 a month for the water bill and bills back any additional cost to the tenants which is typically an additional $50 to $80 per month. From May through October the owner pays to have the grass cut at a cost of $100 per month. Expenses include property tax ($2,286), insurance ($2,300), water ($1,200) and lawn service ($600). The rents can be raised to get a cap rate of 6.6. Loans and property management fees are not figured into the cap rate calculation.
    Exterior Features

    Architectural Style Traditional Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BalconyRain Gutters Fencing Full Garage YN No Lot Features Level Lot Size Area 0.14 Lot Size Square Feet 6250 Parking Features Concrete Parking Total 2 Patio And Porch Features CoveredPatioBalcony Roof Composition Structure Type Duplex

    Interior Features

    Appliances DryerDishwasherOvenRefrigeratorWasher Basement Crawl Space Basement YN No Cooling None Entry Level 1 Entry Location Ground Fireplace YN No Fireplaces Total 0 Flooring CarpetLinoleum Foundation Details Concrete Perimeter Heating Forced AirSteam Heating YN Yes Laundry Features In Unit Levels Two Living Area Sq Ft 2043

    Property Features

    Above Grade Finished Area 2043 Association YN No Building Area Source Public Records Common Walls End Unit Construction Materials FrameWood Siding Contingency None Known Electric 220 Volts Exclusions Tenants Personal PropertyRear Unit (Unit 1412) Window Ac UnitRefrigeratorStove And Clothes Washer And Dryer (Unit 1412) Home Warranty YN No Listing Terms CashConventional1031 ExchangeFhaVa Loan Ownership Corporation/Trust Possession Closing Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2286 Tax Year 2019 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedHigh Speed Internet AvailablePhone Connected Water Source Public Zoning E-Tu-B

    Listing courtesy of Keller Williams Realty Success: MLS #8895896


    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 Kittle Real Estate 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.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
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    Kittle Real Estate
    300 South Howes Street
    Fort Collins CO, 80521
    Offered by Keller Williams Realty Success.