Denver, CO 80210,2042 S Josephine #3 and 4
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Denver, CO 80210,2042 S Josephine #3 and 4
Denver, CO 80210,2042 S Josephine #3 and 4
Denver, CO 80210,2042 S Josephine #3 and 4
Denver, CO 80210,2042 S Josephine #3 and 4

$700,000

Est. payment /mo

$749,900

6.7%
Est.Price: ?

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2042 S Josephine #3 and 4 Denver, CO 80210

6 Beds

2 Baths

1,820 SqFt

SOLD DATE : 12/30/2021

Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $384

Subdivision University Park Amended Map

MLS Listing ID 8819741

Sold Date 12/30/21

Style Mid-Century Modern

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 1,820

Originating Board recolorado

Year Built 1955

Annual Tax Amount $2,900

Tax Year 2020

Acres 0.05

Property Description

Attached Up/Down Duplex with lower unit a garden level. Steps to University of Denver campus and is surrounded by restaurants, parks, and shops and sits halfway between downtown and DTC, both easily accessible by public transit, light rail just a few blocks away. No HOA. Open floor plan. Enjoy easy access to I-25, Observatory Park, Wash Park, DTC, Downtown Denver, Cherry Creek and Front Range. Quick move-in possible! Rare four off-street parking spaces (tandum). Utility room with full size washer and dryer.

This property is currently configured with 2 bedrooms. Proforma features converting living room to third bedroom with a closet. See proposed floor plan in photos. Proforma rents based on adjacent DU housing complex which rents 3 bedroom units for $1,100 PER bedroom. Proforma uses $1,000 per bedroom for rents. Even better Cap Rate if you go head to head with Student Housing and change going rate. Zillow rental rates show as per unit but you can call the housing department and confirm the price is per bedroom. Lots of upside with this property by simply adding a wall and closet.

Access to unit is down alley on North side of property and then to the front doors on the South side of the property.

Ownership of other units on the property is by other parties.

Location

State CO

County Denver

Zoning G-MU-5

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Wood

Fireplace Y

Appliance Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Balcony, Rain Gutters

Parking Features Driveway-Dirt, Tandem

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Corner Lot, Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Structure Type Brick, Frame

Schools

Elementary Schools University Park

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RELIANT REAL ESTATE INC.
Bought with BSW Real Estate, LLC

Moses Hermosillo

Advisor | License ID: IA998165

+1(720) 206-5848

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