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    619 Jessup St

    Brighton, CO 80601
    • $1,750,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 927144
    UPDATED: 221 min ago
    $1,750,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,990
      SQFT
    • $195
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Information

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

    Description

    Rare 2-building multi-family investment portfolio across from lovely Carmichael Park offering tennis courts, a hockey rink, playgrounds, and 2 mile walking path. Each building has four 2-bedroom, 1-bath units. Meticulously maintained with new exterior paint, and new roofs 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. Net operating income is based on proforma market rents at $1,300/unit/month.

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    © 2020 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2020-11-28T23:37:54.823.
    www.thedanielsgrouprealestate.com/homes/111228674
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    619 Jessup St Brighton, CO 80601

    • Price: $1,750,000
    • Status: Active
    • Updated: 221 min ago
    • MLS #: 927144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    8,990
    SQFT
    $195
    $/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 2-building multi-family investment portfolio across from lovely Carmichael Park offering tennis courts, a hockey rink, playgrounds, and 2 mile walking path. Each building has four 2-bedroom, 1-bath units. Meticulously maintained with new exterior paint, and new roofs 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. Net operating income is based on proforma market rents at $1,300/unit/month.
    Exterior Features

    Construction Wood/FrameBrick/Brick Veneer Location Description Level LotAbuts 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 Type Duplex Waterfront No

    Interior Features

    Basement Foundation Daylight Basement Cooling Central Air Conditioning Design Features Fire AlarmWasher/Dryer Hookups Disabled Accessibility Features Level Lot Heating Forced Air Inclusions No Units FurnishedElectric Range/OvenDishwasherRefrigeratorSome AppliancesAll AppliancesDisposalSmoke Alarm(S) Unit1 Bedrooms 2

    Property Features

    Association Fee Includes Snow RemovalLawn CareSecurity Capitalization Rate 5.53 Energy Star Certified No Gross Operating Income 124800.0000 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 96738.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 11230 Tenant Pays DepositGasElectricWaterSewerTrash Total Operating Expense 28062.0000 Utilities Natural GasElectricCable Tv AvailableSeparate Meter GasHigh Speed Avail Zoning R-2

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Karla Brown of The Colorado Group.



    © 2020 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 J2 Real Estate Group at Remax Alliance. Data last updated: 2020-11-28T23:37:54.823.
     
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