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2962 Eliot Circle , 1-4

Westminster, CO 80030
  • $800,000
  • STATUS: Pending
  • ON SITE: 36 Days
  • MLS #: 6109113
Under Contract
UPDATED: 66 min ago
$800,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,518
    SQFT
  • $227
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Keller Williams Advantage Realty Llc.

Description

One of the best multi-unit investor deals! Prime Westminster location, a desirable Skyline Plaza neighborhood near Regis University and Hyland Hills Recreation Center. This bi-level property has 2 units of 2 bed-1 bath and 2 units with 3 bed-1 bath. Units are equipped with cable, refrigerator, stove, and oven. This prime location provides easy access to Downtown, Boulder, Light Rail & Westminster Art District, and commuter highway access to I-36 and I-25. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $48,200. Projected Annual Net Income of $61,400 and Cap Rate of 7.6% advertised is based on conservatively increased rents. All four units have great tenants and have maintained the property very well. All of the furnaces have been replaced in the last 5 years. A coin-operated laundry brings in about $200 per month in additional income. The 4 bathrooms have all been updated. Come get this great rental property for any buyer! PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO QUESTIONS AND SUBMIT ALL CONTRACTS' TO ROXANE@MYHOMETEAMDENVER.COM.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Nixon Team | RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.thenixonteam.com/homes/121351401
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2962 Eliot Circle , 1-4 Westminster, CO 80030

  • Price: $800,000
  • Status: Pending
  • Updated: 66 min ago
  • MLS #: 6109113
8
Beds
4
Baths
0
½ Baths
0.19
Acres
3,518
SQFT
$227
$/SQFT
1962
Built
Neighborhood:
Skyline Plaza
County:
Adams
Area:
Westminster
Elementary School:
Skyline Vista
Middle School:
Scott Carpenter
High School:
Westminster
School District:
Westminster Public Schools
Property Description
One of the best multi-unit investor deals! Prime Westminster location, a desirable Skyline Plaza neighborhood near Regis University and Hyland Hills Recreation Center. This bi-level property has 2 units of 2 bed-1 bath and 2 units with 3 bed-1 bath. Units are equipped with cable, refrigerator, stove, and oven. This prime location provides easy access to Downtown, Boulder, Light Rail & Westminster Art District, and commuter highway access to I-36 and I-25. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $48,200. Projected Annual Net Income of $61,400 and Cap Rate of 7.6% advertised is based on conservatively increased rents. All four units have great tenants and have maintained the property very well. All of the furnaces have been replaced in the last 5 years. A coin-operated laundry brings in about $200 per month in additional income. The 4 bathrooms have all been updated. Come get this great rental property for any buyer! PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO QUESTIONS AND SUBMIT ALL CONTRACTS' TO ROXANE@MYHOMETEAMDENVER.COM.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Cul-De-Sac Lot Size Area 0.19 Lot Size Square Feet 8400 Parking Total 8 Roof Rolled/Hot Mop Structure Type Quadruplex

Interior Features

Appliances OvenRangeRefrigerator Basement YN No Cooling Other Flooring CarpetLaminate Heating Baseboard Heating YN Yes Levels Multi/Split Living Area Sq Ft 3518

Property Features

Above Grade Finished Area 3518 Association YN No Building Area Source Public Records Construction Materials BrickFrame Contingency None Known Exclusions Tenant's Personal Property Listing Terms CashConventionalFhaVa Loan Ownership Individual Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 5079 Tax Year 2020 Zoning Inc

Listing courtesy of Keller Williams Advantage Realty Llc: MLS #6109113


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Nixon Team | RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Nixon Team | RE/MAX Alliance
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Offered by Keller Williams Advantage Realty Llc.