4847 Meade St - Residential Income FOR SALE


Denver, CO 80221- Willis Case
$799,000 USD
303-475-0058
4847 Meade St, Denver, CO for Sale
$799,000 USD
Residential Income - FOR SALE
1/50
null | 6.33% Cap Rate

NEW


4847 Meade St
Denver, CO 80221
Willis Case


HIGHLIGHTS

  • Great rental for an Investor and even a better for Owner Occupant/House Hacker allowing for Short Term Rental in the mix
  • Absolutely Turn Key business with reservation out to June of 2027 with a rating of 4.98 out of 5 with 100's of reviews for over 10 years
  • Easily transferable business due to property being held in a LLC
  • Location, Location, Location - Great Denver urban neighborhood surrounded by Berkeley, The Highlands, RhiNo, LoHi, Downtown, and Downtown Arvada
  • Makes a great single family home with detached spaces for current day lifestyles, home workers, or aging parents

OVERVIEW

An incredible opportunity in the Regis/Berkeley neighborhood - House with 2 detached studio units. Meticulously updated and maintained property with new or newer systems such as sewer line, water line, windows, roof, plumbing, electrical, fencing, HVAC, Turf Grass, plants/shrubs, and xeriscaping, . Main House - 3 bedroom 2 bath home with high ceilings, tons of windows providing natural light, hardwood floors, skylights, and a beautiful landscaped yard with fountains and lighting for indoor/outdoor city living. 2 Studio Units - In addition to the house are two studios with kitchenettes and 3/4 baths with private and fenced patios and both with private entrances as well as a nicely landscaped common area with BBQ and a dipping tub/pool with filtration system. Studios are private and non-evasive to the house with separate access from the front street or alley. The studios would make great offices, workout rooms, hobby rooms, guest suites, or rentals. Lots of possibilities here. A Detached 1 car garage - a finished space with lots of storage and additional laundry facility. Additional 3 parking spaces on concrete pad in alley. Great walkable neighborhood with two commercial districts (Tennyson St between 38th and 46th & 50th/Lowell Blvd - both w/shops, boutiques, bars and restaruaunts). 3 parks (Rocky Mtn & Berkeley Lake & Clear Creek Valley) surrounding it along with Clear Creek Trail, Willis Case Golf Course, and Regis University. Easy access to the Highlands, Berkeley, LoHi, LoDo, Rhino, Downtown Arvada, I-70, I-25, the foothills and Mountains, Downtown Denver, and DIA. Property is being offered completely furnished and truly turn-key. In addition, the business is available for sale and is easily transferable through the LLC the property is held in. Property is owner occupied so financial are for 2 of the 3 units (you could expect another $14k-$15k in revenue for that unit w/minimal to no increase in expenses). 11 years of financials are available to a prospective buyer. A unique and rare opportunity.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

6.33%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Rock House

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,250 SF

ZONING

U-SU-C1

APN/PARCEL ID

2184-31-020

ASK ABOUT THIS PROPERTY

Kevin AbruzinoKGA Properties LLCMore Info
303-475-0058

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Kevin AbruzinoKGA Properties LLCMore Info
303-475-0058

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.