4851 S Bannock ST

Englewood,CO 80110

$ 1150000

9 Beds

6 Baths

4650 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,650 sqft

Price per Sqft $247

Subdivision Englewood

MLS Listing ID 5317982

Bedrooms 9

Year Built 1973

Annual Tax Amount $4,123

Tax Year 2023

Lot Size 10,890 Sqft

Property 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 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.

Location

State CO

County Arapahoe

Interior

Heating Forced Air

Cooling Central Air

Laundry In Unit

Exterior

Garage Concrete,Storage

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer

Structure Type Brick

Schools

Elementary Schools Clayton

Middle Schools Englewood

High Schools Englewood

School District Englewood 1

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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