Under contract
Pending
4851 S Bannock Street
Englewood CO, 80110
$1,150,000
$198.28 per sqft
Under contract
Pending
9 Beds
6 Baths
5,800 sqft
Multi-family
Built in 1973
Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3/2 and feature a bed/bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500/mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.
5317982
MLSⓇ ID
April 19, 2024
Listed
November 20, 2024
Updated
Map
4851 S Bannock Street
Englewood CO, 80110
Interior Features
Total Stories
1
Bedrooms
9
Total Bathrooms
6
Appliances
Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry Description
In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Level
Roof
Composition
Sewer
Public Sewer
School Information
School District
Englewood 1
High School
Englewood
Elementary School
Clayton
Other Property Details
Taxes
$4,123
Tax Frequency
Annually
Garage
No
Parking
Concrete, Storage
Parking Total
3
View
No
County
Arapahoe
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/13/2024 | Under contract | — |
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