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4483 Lowell Boulevard
Denver, 80211
FOR
SALE
$899,950
Active
2,054
Sq.Ft.
0.22
Acres
1949
Yr. Built
MLS# IR1022336
Cumulative Days on Market: Less than 1 (since November 15th, 2024) Data provided by the MLS.

Property Details

Classic single-story brick triplex in Denver's desirable Berkeley neighborhood, situated on a spacious, flat lot with a detached three-car garage. Located near shopping outlets, Regis University, Rocky Mountain Lake Park, Berkeley Lake Park, and a vibrant array of dining options along Tennyson Street, with easy commuting access via I-70 and Federal Blvd. This property is a prime investment opportunity, offering multiple avenues to maximize returns: enhance rental income through rehab, reimagine and expand the existing structure for increased future value, or pursue redevelopment for significant growth potential.All three units are vacant and ready for immediate leasing. Each features major kitchen appliances, front and rear door access, forced air heating, central air-conditioning, and dedicated off-street parking. The detached three-car garage, currently leased, offers additional income potential. Tenants will benefit from a shared communal laundry area with extra storage. Explore endless possibilities to maximize this investment opportunity in one of Denver's most vibrant neighborhoods.

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Property Highlights

Price
$899,950
Property Type
Residential Income
Property Sub Type
Triplex
Living Area
0.00
Acres
0.22
Year Built
1949

Location

County
Denver
Subdivision
Berkeley
Zoning
U-SU-C1

Property Details

Price
$899,950
Property Sub Type
Triplex
Property Type
Residential Income

Building

Levels
One
Total Area
2,054

Community

Local Schools

Elementary School
Centennial
High School
North
Middle School
Skinner
School District
Denver 1

Interior Features

Rooms and Basement

Basement Features
None

Area and Spaces

Number of Units
3

Appliances

Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Heating and Cooling

Heating Features
Forced Air

Building Details

Construction

Year Built
1949

Materials

Construction Materials
Brick, Wood Frame
Roof
Composition

Terms

Commercial

Cap Rate
4.83

Terms

Exclusions
Detached Storage shed in backyard
Special Terms
1031 Exchange, Cash, Conventional

Taxes

Tax

Tax (Annual)
$5,037

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Available
Water Source
Public

Lot

Acres
0.22
Lot Features
Level
Lot Size Area Sq Ft
9,370

Homeowner's Association

HOA Ammenities
Laundry

Parking

Total Parking Spaces
3
Listed by Liv Sotheby's Intl Realty, 3034436161.
Listing Data last updated 11/15/2024 12:46 PM
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Property History

Today
Property information last updated
Today
Status Active. This is the date the listing was placed on market.
739602 days ago
Date of last price change
739602 days ago
Date Sold
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 11/15/2024 12:46 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 11/15/2024 12:46 PM
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