2352-2358 S Broadway St
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2352-2358 S Broadway St
4 Unit Block of Flats £802,011 (£200,503/Unit) 4.22% Net Initial Yield Denver, CO 80210
Investment Highlights
- Located near Platt Park and Harvard Gulch
- In-unit laundry in every unit
- Quick access to mass transit
- Large lot with MX -3 Zoning
- Newer roof
- Great unit mix with large units
Executive Summary
2352 S Broadway is a great four-plex property located just south of Platt Park and just east of Harvard Gulch. This great investment deal offers large units with nice amenities in a fast-growing location that tenants love.
This four-plex offers a mix of (2) 2bd/1ba units as well as (2) 1bd+den/1ba units. All units offer washers and dryers as well as separate metering for both gas and electric. A newer roof, an income producing garage and below market rents add to the appeal of this easy-to-manage property.
Owner occupants and investors will both see opportunity in this property. At $1,025,000 this is a competitively priced four unit building that offers great long term value to a future owner.
This four-plex offers a mix of (2) 2bd/1ba units as well as (2) 1bd+den/1ba units. All units offer washers and dryers as well as separate metering for both gas and electric. A newer roof, an income producing garage and below market rents add to the appeal of this easy-to-manage property.
Owner occupants and investors will both see opportunity in this property. At $1,025,000 this is a competitively priced four unit building that offers great long term value to a future owner.
Property Facts
| Price | £802,011 | Apartment Style | Low Rise |
| Price Per Unit | £200,503 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Net Initial Yield | 4.22% | Building Size | 3,960 SF |
| No. Units | 4 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 1.01/1,000 SF |
| Price | £802,011 |
| Price Per Unit | £200,503 |
| Sale Type | Investment |
| Net Initial Yield | 4.22% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,960 SF |
| Number of Floors | 1 |
| Year Built | 1924 |
| Parking Ratio | 1.01/1,000 SF |
Unit Amenities
- Fireplace
- Washer/Dryer
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Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 5275-02-008 | Improvements Assessment | £32,112 |
| Land Assessment | £20,054 | Total Assessment | £52,166 |
PROPERTY TAXES
Parcel Number
5275-02-008
Land Assessment
£20,054
Improvements Assessment
£32,112
Total Assessment
£52,166
zoning
| Zoning Code | MX-3 |
| MX-3 |
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2352-2358 S Broadway St
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