Homes for sale - 50 Osceola St, Denver, CO 80219

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$1,049,000

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8 BD

4 BA

2,900 SqFt

Price Dropped by $20K

50 Osceola St Denver, CO 80219

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

12/19/2024 12:54 AM

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,900 sqft

Subdivision Barnum

MLS Listing ID 9553916

Style Contemporary/Modern

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 2,900

Originating Board REcolorado

Year Built 1954

Annual Tax Amount $3,428

Lot Size 9,583 Sqft

Acres 0.22

Property 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 monthly rental income, generating a 7.5% cap rate. Live in one unit and rent out the others so your tenants pay your mortgage while you build equity! 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!

Location

State CO

County Denver

Area Metro Denver

Zoning E-SU-D1X

Interior

Interior Features Open Floorplan

Heating Forced Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Garage Spaces 16.0

Fence Fenced

Utilities Available Electricity Available, Cable Available

Roof Type Composition

Building

Lot Description Gutters

Faces West

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame,Block,Vinyl Siding,Concrete

New Construction false

Schools

Elementary Schools Newlon

Middle Schools Kepner

High Schools West

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Other Owner

Information and Real Estate Services (IRES)

Listed by HomeSmart • kathygoodman33@gmail.com,720-985-1701

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Jerid Wempen

Broker

+1(720) 297-4020