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    639 Jessup St

    Brighton, CO 80601
    • $845,000
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 937058
    UPDATED: 31 min ago
    $845,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,495
      SQFT
    • $188
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare multi-family investment opportunity in Brighton across from lovely Carmichael Park which offers tennis courts, a hockey rink, playgrounds, and a two-mile walking path. Meticulously maintained multi-family four-unit building with new exterior paint, and new roof in 2018. Strong cash flow history, with potential to increase rents significantly based on the current rental market. An excellent income-generating opportunity available in one of the Denver Metro Area's fastest growing suburbs. Proforma Cap Rate based on average rents of $1300/month/unit. Very low vacancy!

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    © 2021 Information and Real Estate Services, LLC. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-04-21T20:38:55.28.
    www.taylorwoodardteam.com/homes/115830988
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    639 Jessup St Brighton, CO 80601

    • Price: $845,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 937058
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,495
    SQFT
    $188
    $/SQFT
    1971
    Built
    Neighborhood:
    Bromley Heights
    County:
    Adams
    Area:
    12 Denver Metro area
    Elementary School:
    South
    Middle School:
    Vikan, Walter L.
    High School:
    Brighton
    School District:
    Brighton Dist 27J
    Property Description
    Rare multi-family investment opportunity in Brighton across from lovely Carmichael Park which offers tennis courts, a hockey rink, playgrounds, and a two-mile walking path. Meticulously maintained multi-family four-unit building with new exterior paint, and new roof in 2018. Strong cash flow history, with potential to increase rents significantly based on the current rental market. An excellent income-generating opportunity available in one of the Denver Metro Area's fastest growing suburbs. Proforma Cap Rate based on average rents of $1300/month/unit. Very low vacancy!
    Exterior Features

    Construction Wood/Frame Location Description Abuts Park Lot Improvements Street Paved Outdoor Features Lawn Sprinkler System Parking Per Unit 1 Space/Unit Property Styles Bi-Level Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Central Air Conditioning Design Features Washer/Dryer Hookups Disabled Accessibility Features Level Lot Heating Forced Air Inclusions Electric Range/OvenRefrigeratorDisposalSmoke Alarm(S) Unit1 Bedrooms 2

    Property Features

    Association Fee Includes TrashSnow RemovalLawn Care Capitalization Rate 5.57 Energy Star Certified No Gross Operating Income 62400.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Brighton Nahb Certified No Net Operating Income 47037.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Tax Year 2020 Taxes 5610 Tenant Pays GasElectric Total Operating Expense 15363.0000 Utilities Natural GasElectricCable Tv Available Zoning R-2

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Karla Brown of The Colorado Group.



    © 2021 Information and Real Estate Services, LLC. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Alliance. Data last updated: 2021-04-21T20:38:55.28.
     
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