50 Osceola Street
$1,069,000
8
4
2,900
2,900
$369
Description
This four-plex is just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Here is your opportunity to buy a multifamily property with $7300 a month in rental income, generating a 7.7 cap rate. Live in one unit and rent out the others so your tenants pay your mortgage while you build equity! Seller is offering $10,000 for buy down on points for a lower interest rate or to cover closing costs. Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (4...This four-plex is just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Here is your opportunity to buy a multifamily property with $7300 a month in rental income, generating a 7.7 cap rate. Live in one unit and rent out the others so your tenants pay your mortgage while you build equity! Seller is offering $10,000 for buy down on points for a lower interest rate or to cover closing costs. Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (4 spaces/unit). BONUS: The entire complex has been redone with new everything.. over $200k of upgrades inside and out! Outside; newer sewer line and new fencing with storage for each unit. Newer roof and new exterior paint and doors. Gas and electric meters are separated for each unit. Inside; all units have open floor plans with new luxury vinyl-wood flooring, new kitchens with gray shaker cabinets with soft closing draws and pulls, granite countertops, subway tile backsplash and new stainless steel appliances. The bathrooms are all new with fixtures and lighting. 2 units have new windows and other 2 newer windows. The furnaces are 4 years old and new water heaters. All new electrical and plumbing, plus trim, doors, and paint. Each unit has stackable W&D. Gas and electrical are paid by tenants. All units are currently occupied but Owner Occupancy Is Available with a 1 month notice. This investment property offers it all - too good to pass up!
- Listed by Kathy Goodman • HomeSmart • kathygoodman33@gmail.com,720-985-1701
Property Details for 50 Osceola Street
Structure Type
Quadruplex
Architectural StyleUrban Contemporary
LevelsTwo
Stories2
Subdivision NameBarnum
AssociationNo
Multiple AssociationsNo
BasementNo
LISTING UPDATED: 11/13/2024 02:17 AM
Property Details for 50 Osceola Street
Status | Active |
---|---|
MLS # | 9553916 |
Days on Compass | 61 |
Taxes | $3,428 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1954 |
Lot Size | 0.22 AC / 9,583 SF |
County | Denver County |
Building Information for 50 Osceola Street
Stories-Residences-Year Built1954Building Size-Lot Size0.22 AC / 9,583 SF
Property Information for 50 Osceola Street
Property History for 50 Osceola 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 50 Osceola Street
Taxable ValueLand$10,470Additions$43,790Total$54,260
Tax Record2023$4,204 ($350 / month)
Home Facts
Total Finished SqFt2,900 SqFtAbove Grade Finished SqFt2,900 SqFtStories2Lot Size9,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningE-SU-D1XCountyDENVERAPN05074-03-015-000
Schools near 50 Osceola Street
This home is within Denver County 1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | 5 to 8 | |||
Public - | 6 to 8 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Newlon Elementary School PublicPK to 5 | ||
Kipp Sunshine Peak Academy Charter5 to 8 | ||
West Middle School Public6 to 8 | ||
Compass Academy Charter6 to 8 |
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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