4851 S Bannock Street, Englewood, 80110

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4851 S Bannock Street

Englewood, 80110

Pending

$1,150,000

Under Contract

Beds

Baths

5,800

Sq.Ft.

0.25

Acres

MLS# 5317982

Cumulative Days on Market: 13 (since April 19th, 2024) Data provided by the MLS.

Property Details

Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3 / 2 and feature a bed / bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500 / mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.

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Property Highlights

Price

$1,150,000

Property Type

Residential Income

Property Sub Type

Triplex

Total Bathrooms

Year Built

1973

Acres

0.25

Location

County

Arapahoe

Subdivision

Englewood

Property Details

Condition

Updated/Remodeled

Price

$1,150,000

Property Sub Type

Triplex

Property Type

Residential Income

Building

Levels

One

Structure Type

Triplex

Total Area

5,800

Community

Local Schools

Elementary School

Clayton

High School

Englewood

Middle School

Englewood

School District

Englewood 1

Interior Features

Bedrooms and Bathrooms

Bedrooms

Total Bathrooms

Rooms and Basement

Basement Features

Bath/Stubbed, Finished, Unfinished

Has Basement

Yes

Area and Spaces

Above Grade Finished Area

2,900

Below Grade Finished Area

1,750

Living Area

4,650

Appliances

Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer

Interior Features

Laundry Features

In Unit

Heating and Cooling

Heating Features

Forced Air

Building Details

Construction

Year Built

1973

Materials

Construction Materials

Brick

Roof

Composition

Terms

Commercial

Cap Rate

6.55

Terms

Contingency

None Known

Exclusions

sellers personal property

Ownership

Estate

Special Conditions

None

Special Terms

Cash, Conventional, FHA, VA Loan

Taxes

Tax

Tax (Annual)

$4,123

Heating, Cooling & Utilities

Cooling Features

Central Air

Utilities

Sewer

Public Sewer

Lot

Acres

0.25

Lot Features

Level

Lot Size

10,890

Lot Size Area Sq Ft

10,890

Parking

Parking Features

Concrete, Storage

Total Parking Spaces

Listed by Compass - Denver, erik.carman@compass.com, 720-663-8999.

Listing Data last updated 05/01/2024 08:31 AM

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Property History

Yesterday

Property information last updated

13 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 13. 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 05/01/2024 08:31 AM. 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.

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Listing Data last updated: 05/01/2024 08:31 AM

4851 S Bannock Street - MLS#5317982 - $1,150,000

Listed by Compass - Denver

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Property Highlights

Location

Property Details

Building

Community

Local Schools

Interior Features

Bedrooms and Bathrooms

Rooms and Basement

Area and Spaces

Appliances

Interior Features

Heating and Cooling

Building Details

Construction

Materials

Terms

Commercial

Terms

Taxes

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