Strong income-producing opportunity in a prime rental location! Ideally situated less than 2 miles from campus and just steps from the high-demand Elizabeth corridor, this property benefits from consistent tenant demand driven by proximity to shopping, dining, entertainment, and transit. King Soopers is directly across the street along with multiple coffee options, pizza, brewery and more, everything your college tenants will need. This third-floor unit-no neighbors above-offers added privacy and reduced noise complaints, a key factor in tenant retention in addition to higher ceilings. The west-facing orientation delivers attractive foothills views, a premium feature that helps with both leasing speed and rental rates. Extensively remodeled, this unit is truly turnkey with minimal near-term capital expenditures. Upgrades include a modernized kitchen with updated cabinetry and granite countertops, renovated bathrooms, and durable laminate flooring throughout the main living areas-ideal for lowering ongoing maintenance costs. Major mechanicals have already been addressed with a newer HVAC system and hot water heater, reducing the risk of unexpected expenses and improving cash flow predictability. In-unit laundry provides a strong competitive advantage in this rental segment, supporting higher rents and tenant satisfaction. Washer and dryer are included, allowing for immediate occupancy or seamless transition between tenants. Low-maintenance, high-demand location, and major updates already completed-this is a solid addition to any rental portfolio or a great entry point for a first-time investor.
79 days
|
83
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5
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Zillow last checked:
Listing updated:
Listed by:
Erich Menzel970-402-8457,
Coldwell Banker Realty-NOCO
Source: IRES as distributed by MLS GRID,MLS#: 1058199
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
3/4 bathrooms: 2
Main level bathrooms: 2
Primary bedroom
Description: Carpet
Features: 3/4 Primary Bath
Level: Main
Area: 168 Square Feet
Dimensions: 14 x 12
Bedroom 2
Description: Carpet
Level: Main
Area: 90 Square Feet
Dimensions: 9 x 10
Bedroom 3
Description: Carpet
Level: Main
Dimensions: 11 x 0
Dining room
Description: Laminate
Level: Main
Area: 40 Square Feet
Dimensions: 8 x 5
Kitchen
Description: Vinyl
Level: Main
Area: 80 Square Feet
Dimensions: 8 x 10
Laundry
Description: Vinyl
Level: Main
Area: 16 Square Feet
Dimensions: 8 x 2
Living room
Description: Laminate
Level: Main
Area: 168 Square Feet
Dimensions: 12 x 14
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Features
Eat-in Kitchen, Open Floorplan
Basement: None
Has fireplace: Yes
Fireplace features: Gas
Interior area
Total structure area: 1,055
Total interior livable area: 1,055 sqft
Finished area above ground: 1,055
Property
Parking
Total spaces: 3
Parking features: Off Street
Garage spaces: 3
Details: Off Street
Features
Levels: One
Stories: 1
Entry location: 3rd Floor
Exterior features: Balcony
Has view: Yes
View description: Hills
Details
Parcel number: R1626582
Zoning: NC
Special conditions: Private Owner
Construction
Type & style
Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes
Materials
Frame
Roof: Composition
Condition
New construction: No
Year built: 2001
Utilities & green energy
Sewer: Public Sewer
Water: City
Utilities for property: Natural Gas Available, Electricity Available, Cable Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.