Ready to Make Your Move?
Property Description
Great investor opportunity! Passive income with steady long term tenant!
Gross Income: $31,200
Expenses: $3,883.46
Net Operating Income: $27,316.54
5% cap rate
Tenant has occupied the property since May of 2018, and Tenant has made on time payments EVERY MONTH! Seller can provide proof via bank statements. Tenant pays maintenance on the property.
Tenant currently pays $2,600/mo and their lease expires May 31, 2026. If investor wanted a longer lease term, tenant wants to stay longer.
Features
: Forced Air
: Other
: Partial
: 2
$0
: Composition
: Public Sewer
Address Map
Colorado
Denver
Denver
80219
218 Irving Street
0
W106° 58' 12.9''
N39° 43' 12.7''
MLS Addon
$0
1,866 Sqft
$0
2
: Wood Siding
36
$0
Barnum
0
No
West
No
Yes
Yes
Cash,Conventional,1031 Exchange
: Level
$0
Compass Academy
No
Malman Commercial Real Estate LLC
5083-29-019
No
: House
Barnum
$2,103
2022
E-SU-D1X
Two
01/17/2023
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More
Barnum
218 Irving Street, Denver, Colorado 80219
5 Bedrooms
3 Total Baths
1,626 Sqft
$546,331
Listing ID #7546248
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 7546248
Price : $546,331
Bedrooms : 5
Rooms : 11
Total Baths : 3
Full Bathrooms : 2
1/2 Bathrooms : 1
Square Footage : 1,626 Sqft
Year Built : 1910
Lot Area : 9,583 Sqft
Lot Acres : 0.22
Status : Active
Property Sub Type : Single Family Residence
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