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Home » Real Estate » CO » Denver » 80219 » 50 Osceola St, Denver, CO, 80219
$1,069,000

50 Osceola St, Denver, CO, 80219

8 Beds
4 Baths
2,900 Square Feet
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!
Offered By
Kathy Goodman kathygoodman33@gmail.com,720-985-1701, HomeSmart

Property Details

Property Type Residential Income
Status Active
Bedrooms 8
Property Sub Type Income Property
Square Feet 2,900
MLS # 9553916

Market Trends

New Properties On Market
48
55% Increase In New Listings
Average Asking Price
$493,778
$55,896 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$345
$26 Decrease In List Price/Sq. Ft.
Average Days On Market
15
21 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 11/13/2024 at 6:23 am