Active

4851 S Bannock Street

Englewood CO, 80110

$1,150,000


$247.31 per sqft

Active

9 Beds

6 Baths

4,650 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

October 4, 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

Listed by Compass - Denver, Erik Carman, Listing Contact: [email protected],720-663-8999 
 

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