2021-2025 Irving Street

Denver, CO 80211

  • 7 beds
  • 3 baths
  • 2,424 sq ft
  • 0.18 acres lot

$597,000

$575,000

  • Sold
  • MLS 6365736

PROPERTY DESCRIPTION

Great cash flow investment or redevelopment project. Large 7800 sq.ft. lot with side alley and back alley. Currently renting for $3435/month. Potential to go to $3845/month or more. Positive cash flow at today's rental rates of about $600/month after PITI with 20% down, 4.25% interest rate, water, and maintenance paid. Potential of $1000/month positive cash flow if rents are raised. Unit 2025 has been rented by same family for 23 years. They will be out the end of March and rents can be increased substantially. 2 3-bedroom units and 1 1-bedroom unit. Basement units don't have conforming windows. The property is zoned for 2 units but it is grandfathered in as a 3 unit. Please check with the county if you are considering building any homes on the lot. Buyer must confirm all measurements themselves. Square footage figures shown include the basements in units 2023 and 2025. 2021 is a basement unit.

PRESENTED BY

Alan Larson with THE KENTWOOD COMPANY

Essential Information

  • MLS
    6365736
  • Structural Style
    Ranch/1 Story
  • Square Feet
    3,360 sq. ft.
  • BedsTotal
    7
  • Property Type
    Income
  • Architectural Style
    Bungalow
  • List Price
    $597,000
  • BathsFull
    N/A
  • Property SubType
    Income
  • Year Built
    1952
  • Status
    Sold
  • BathsHalf
    N/A

Interior Details

  • Basement Type
    Cellar
  • Basement Floor Type
    Slab
  • Interior Features
    Eating Space / Kitchen
  • Basement Size
    Full
  • Basement Square Foot
    1680
  • Flooring
    Carpet,Vinyl/Linoleum

Exterior Details

  • Construction
    Brick
  • Materials
    Brick
  • Roof
    Other

Amenities

  • Cooling
    Ceiling Fan
  • Fireplaces
    N/A
  • Fireplace Features
    N/A
  • Exterior Features
    Covered Patio,Fence,Utility Shed,Yard
  • Fencing
    N/A
  • Sewer
    N/A
  • Heating
    Forced Air
  • Fireplace Locations
    N/A
  • Kitchen Appliances
    Refrigerator (Kitchen),Stove/Range/Oven
  • View
    N/A
  • Parking Count
    2

Finance

  • Tax Amount
    $2,741
  • Association Fee Annual
    $0
  • Tax Year
    2014
  • Fee Frequency
    N/A

School Information

  • School District
    Denver 1
  • Elementary
    Brown
  • Middle / Junior
    Lake
  • HighSchool
    North

Community Information

  • City
    Denver
  • County
    Denver
  • Association Fee Includes
    N/A
  • Neighborhood
    SLOANS LAKE
  • State
    CO

Sold History

  • MLS Number: 6365736
    Closed on March 07 2016 for $575,000

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