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West Peak Properties

Your Denver Area Residential Investment Property Specialists

  • Home
  • About
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720-989-7727
West Peak Properties

Your Denver Area Residential Investment Property Specialists

  • Home
  • About
  • Team
  • Services
  • Properties
  • Education
  • Contact
720-989-7727

Recently Sold – South Denver Tri-plex

Recently Sold – South Denver Tri-plex
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  • Denver

Recently Sold – South Denver Tri-plex

2020, South Fox Street, Denver, Denver County, Colorado, 80223, United States

Recently Sold

$749,900

  • 2020 S Fox Street Denver CO - Web Quality - 002 - 02 Exterior Front
  • 2020 S Fox Street Denver CO - Web Quality - 004 - 04 Living Room
  • 2020 S Fox Street Denver CO - Web Quality - 009 - 11 Kitchen
  • 2020 S Fox Street Denver CO - Web Quality - 016 - 19 Kitchen
2020 S Fox Street Denver CO - Web Quality - 002 - 02 Exterior Front2020 S Fox Street Denver CO - Web Quality - 004 - 04 Living Room2020 S Fox Street Denver CO - Web Quality - 009 - 11 Kitchen2020 S Fox Street Denver CO - Web Quality - 016 - 19 Kitchen

Property ID:

 RH-6684-property

Description

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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