Very nice 5 unit multi-family property a few short blocks…
2020, South Fox Street, Denver, Denver County, Colorado, 80223, United States
For direct investors only! Located at 2020 S Fox St. in Denver. This unique tri-plex provides the opportunity to live in one unit and let tenants pay your mortgage or rent out all three units for great cash flow. There is a 3 bed/2 bath unit in the back, a 2 bed/1 bath unit in the front, a 1 bed/1 bath unit in the basement, and 3 garage spaces (1 currently leased with the 3/2, and the other 2 spaces available for lease for additional income). This property is being sold at a 5.9% cap rate based on current financials with the ability to add value by leasing out the additional garage space and increasing rent on the 2bd unit. The basement and the 3bd unit are both on month to month leases, and the 2bd lease is up at the end of August, giving an investor great flexibility with how to use or improve the space. A minimum of 24 hour notice required prior to any showings. Tenants work from home and request walk throughs happen after 5pm or on Saturdays.
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