$1,015,000
$1,050,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,926 SqFt
SOLD DATE : 06/19/2023
Key Details
Sold Price $1,015,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,926 sqft
Price per Sqft $346
Subdivision Lininger Sun 2Nd Flg
MLS Listing ID 7581964
Sold Date 06/19/23
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,926
Originating Board recolorado
Year Built 2005
Annual Tax Amount $3,866
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
The multifamily investment property at 832 W Prentice Ave in Littleton, Colorado offers an outstanding opportunity for investors. This beautiful property features modern, open-layout units with high-end finishes, including hardwood floors, new stainless-steel appliances, and new high-efficiency swamp coolers. The property's units are designed to feel like single-family homes, providing tenants with the perfect blend of privacy and community.
Located just one mile from Downtown Littleton, this property is in a prime location with easy access to three major parks and trails connecting to the Cherry Creek Trail. Tenants will appreciate the property's proximity to popular retail destinations, including shopping centers, restaurants, and entertainment venues.
The property boasts an impressive going-in cap rate of over 6% for 2005 construction, providing a great return on investment. Additionally, investors have the option to Airbnb the units to increase their income further.
Overall, 832 W Prentice Ave is an exceptional multifamily investment property with a desirable
location, modern finishes, and impressive income potential. It presents an excellent opportunity
for investors looking to enter the Littleton market.
Location
State CO
County Arapahoe
Interior
Heating Baseboard, Natural Gas
Cooling Evaporative Cooling
Fireplace N
Exterior
Parking Features Concrete
Garage Spaces 4.0
Roof Type Architecural Shingle, Other
Total Parking Spaces 5
Garage Yes
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Stucco
Schools
Elementary Schools Field
Middle Schools Goddard
High Schools Littleton
School District Littleton 6
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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