4587 Federal Boulevard # 4591

Denver, CO
$ 1,950,000 Beds 0 Baths 0 Sq 8,758 Virtual Tour
Monthly Estimate* How much can I afford?

OPPORTUNITY: Significantly raise rents with minimal CapEx and be fully stabilized by fall 2021. Budget $7k per unit as tenants turn to get $1600/month per unit. Leases begin to expire 2/28/21 and the last lease expires 7/31/21. Additional income opportunity of approx. $800/month by leasing unfinished basement as sectioned storage lockers. LOCATION: Location, location, location! These tenants enjoy all that is offered in Highlands, Sunnyside and Berkeley. Everything from historic restaurants like Gaetanos to all the new and trendy destinations (too many to list). A short bike ride gets you to Tennyson Street where you can spend the day in a wide variety of bars, restaurants, boutiques, specialty grocery or get some rest in a spa, salon or yoga studio. This location is perfect anyone who loves the urban lifestyle. Just two blocks away is Rocky Mountain Lake Park and Regis University. Quick access to I-70 puts you in Downtown Denver to the east or Golden to the west in just 10 minutes. PROPERTY: Parking is never an issue with three spaces per unit. All units have an eat-in kitchen and in-unit washer/dryer hook ups. These units are more spacious than most of the rent comparables in the area. Always professionally managed. New parking lot sealant. Newer roof. Little to no deferred maintenance.

Contingent

  • Price
  • $ 1,950,000
  • Lot Size
  • 0.53 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 8,758
  • Full Bathrooms
  • 0
  • Year Built
  • 1981
  • Half Bathrooms
  • 0
  • City, Zip
  • Denver
  • Taxes
  • 12545
  • County
  • DENVER
  • Style
  • Traditional,LowRise
  • Area
  • MLS#
  • 9790378
  • Zip
  • 80211
Listing Provided by: Atlas Real Estate Group

Features

General

Architectural Style Traditional, LowRise
Association Amenities BikeStorage
Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Electric Item220Volts
Garage Spaces 0.0
Garage Y/N No
Parking Features Asphalt
Property SubType MultiFamily
Property Type CommercialSale
Roof Architectural, Shingle
Sewer PublicSewer
Special Listing Conditions None
Terms OwnerWillCarry
Total Units 8
Unit Number 4591
Zoning U-SU-C1

Exterior Features

Building Area Total 8758.0
Covered Spaces 0.0
Lot Features CornerLot, SprinklersInRear, SprinklersInFront, NearPublicTransit
Lot Size Acres 0.53
Lot Size Area 0.53
Lot Size Square Feet 23000.0
Lot Size Units Acres
Road Surface Type Paved
Total Parking 24.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Greenwood Village, CO office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/13/2020 Listed $1,950,000

Property vs Zip Code Average in 80211

Price
AVG $760K
$1.95M
Taxes
AVG $2,864
$12,545
Visits
AVG 53
17
Year Built
AVG 1976
1981
Walkscore
AVG 82
67
Data Provided by Walkscore ® not using MLS data

Map

4587 Federal Boulevard # 4591 Denver, CO is a Single Family Home for sale at $1950000 with 8758 sqft and a lot size of 0.53 Acres Acre(s). 4587 Federal Boulevard # 4591 Denver has 0 bedrooms, 0 baths and was built in 1981. The property's zip code is 80211 which is in Denver, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.