Listed by BellStreet
$480,000
PRICE REDUCED - Evergreen Duplex - 4851 Hwy 73
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,297
Units 2
Cap Rate 2.8%
NOI $13,445
Occupancy 100%
Tenancy Multi
Rent Bumps No
Pro-Forma Cap Rate 3.78%
Pro-Forma NOI $18,146
Price per SqFt $370
Class C
Year Built 1925
Buildings 2
Stories 1
Acreage 0.380
Zoning MR-1
Multifamily | 2 Units | $240,000/unit
Marketing description
Discover an exceptional investment opportunity in the heart of Evergreen with this charming 1297 SF multifamily property. Boasting private entrances, this well-maintained building houses two units, offering enticing potential for rental income. Don't miss out on the chance to capitalize on this prime investment in the sought-after Evergreen area. Property consists of two units, one is a 1 bed 1 bath, the other being a 2 bed 1 bath.
*Also available from the same owner* - Multifamily-zoned redevelopment land in Lakewood, CO, currently cash flowing with two SF rentals.
Investment highlights
Close to downtown Evergreen
Close to Evergreen Lake
County allows short term rental
Buildable lot
Listing Contacts
Listed by BellStreet
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$13,445.00
$1,120.42/mo
Valuation Metrics
0
DSCR
2.8%
Cap Rate
2.8%
ROI
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