4851 South Bannock Street
$1,130,000
9
6
5,800
5,800
$195
Closed 12/9/24
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
Property Details for 4851 South Bannock Street
Structure Type
Triplex
LevelsOne
Stories1
Subdivision NameEnglewood
AssociationNo
BasementYes
LISTING UPDATED: 12/09/2024 03:42 PM
Property Details for 4851 South Bannock Street
Status | Closed |
---|---|
MLS # | 5317982 |
Days on Compass | 62 |
Taxes | $4,123 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | 0.25 AC / 10,890 SF |
County | Arapahoe 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
Property History for 4851 South Bannock Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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