2356 S Linden, Denver, CO 80222

Property Description

****SELLER HAS INCREASED THE SALES PRICE DUE TO UPGRADING ELECTRICAL SERVICE (INTERIOR & EXTERIOR PANELS) AND ALL TO CODE!! Four-Plex Apartment Building FOR SALE near Monaco & Evans - SELLER FINANCING AVAILABLE – 6 Off-Street Parking Spaces – Southeast Denver Location This 4-Unit apartment property is an ideal opportunity for a first-time Investor. This investment provides a perfect situation for an investor to live in one unit and enjoy the cash flow from the remaining three units. Located in a well-established neighborhood. ***SELLER FINANCING AVAILABLE FOR SALE PRICE: $905,000.00 ($226,000 per unit) with possible owner-carry terms. 1st loan is assumable in the approximate amount of $188,000 at 4.25% interest fixed until 5/5/25; seller would also carry a 2nd loan at 5.0% only for 3-5 years. Building Highlights: - Four (4) total units; 814 SF per Unit - Zoning R2-A - Brick Construction - Built in 1968 - Separately Metered Electric Paid by Tenants - Heat, Sewer/Water, Etc. Paid by Tenants as a Reimbursement - Hot Water Baseboard Heat - Front and Back Entries to Each Unit - Washer/Dryer Hook-ups in each Unit - Southeast Location (Near Monaco & Evans) - 6-Off Street Parking Spaces