4851 South Bannock Street

Englewood, CO 80110

$1,130,000
Last Sold Price
9
Beds
6
Baths
5,800 Sq. Ft.
$195 / Sq. Ft.
5,800
Sq. Ft.
$195
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Erik Carman

    Erik Carman

    Listing Agent

    Compass

    erik.carman@compass.com

    P: (720)-663-8999

Property Details for 4851 South Bannock Street

Structure Type
Triplex
Levels
One
Stories
1
Subdivision Name
Englewood
Association
No
Basement
Yes
LISTING UPDATED: 12/09/2024 03:42 PM

Property Details for 4851 South Bannock Street

StatusClosed
MLS #5317982
Days on Compass62
Taxes$4,123 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.25 AC / 10,890 SF
CountyArapahoe County

Building Information for 4851 South Bannock Street

Stories-Residences-Year Built1973Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 4851 South Bannock Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 5800
  • Sqft Total: 5800
  • Living Area (SqFt Finished): 4650
  • Above Grade Finished Area: 2900
  • Living SqFt: 2900
  • Sq Ft Apx: 1750
  • Below Grade Unfinished Area: 1150
  • Area Source: Public Records
  • PSF Total: 195
  • PSF Above Grade: 390
  • PSF Finished: 243
  • Master on Main: No
  • Basement: Bath/Stubbed, Finished, Unfinished
  • Heating: Forced Air
  • Cooling: Central Air
  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 9
Bathrooms
  • Bathrooms Total: 6
Unit Information
Unit 1
  • Unit Type: 3 Bedroom
  • Units Total: 3
  • Unit Average Rent: $2,500.00
  • Beds Total: 3
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Hookups: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Air Conds: 1
  • Numberof Storage Units: 1
Parking
Parking
  • Parking Features: Concrete, Storage
  • Attached Garage: No
  • Parking Type: Carport (Detached)
  • Parking Description: Carport (Detached)-3
  • Parking Details: 3
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 3
  • Carport Spaces: 3
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Clayton
  • Elementary School District: Englewood 1
  • Middle Or Junior School: Englewood
  • Middle Or Junior School District: Englewood 1
  • High School: Englewood
  • High School District: Englewood 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 10890
  • Lot Features: Level
  • Property Exclusions: sellers personal property
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Livable Structure Count: 0
  • Unit Count: 1
Water & Utilities
Water & Utilities
  • Water Source: City Sewer, Public Sewer
  • Sewer: Public Sewer

Property History for 4851 South Bannock Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4851 South Bannock Street

Taxable ValueLand-Additions-Total-
Tax Record2023$4,124 ($344 / month)
Home Facts
Total Finished SqFt3,480 SqFtAbove Grade Finished SqFt2,900 SqFtFinished Basement SqFt580 SqFtStories1Lot Size10,890 SqFtStyleTriplexYear Built1973CountyARAPAHOEAPN2077-10-3-00-018

Schools near 4851 South Bannock Street

This home is within Englewood 1 School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 6 to 9
Rating
School
Distance
Clayton Elementary School
PublicK to 6

Englewood Middle School
Public7 to 8

Englewood High School
Public9 to 12

Englewood Leadership Academy
Public6 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.